Set in late-1920s Soviet Union, Ostap Bender and Ippolit "Kisa" Vorobyaninov are after a stash of diamonds hidden in one of the chairs in 12-chair set. They are forced to go on a cross-country chase when the chairs are auctioned off.
The actions of this mystery movie takes both in the past (in medieval times, as the scientists' hallucinations) and in the days of Perestroika.