How Much Is Your Watch Worth? Check This Out!

Possibly a lot of money say Antiquorum.

Antiquorum’s spring season got off to a running start, with four world records broken and nearly $7.2 million in sales achieved at its Important Collectors’ Wristwatches, Pocket Watches & Clocks auction.

Nearly 400 online bidders were joined by others who bid by telephone, on-site and on commission. Bidders hailed from all corners of the globe, including Australia, Portugal, Russia, Spain, Taiwan and the United States. Of the 347 timepieces on the auction block, 119 percent were sold in terms of value and 88 percent were sold by lot, according to a press release issued after the auction, held Wednesday in New York.

The top lot of the sale, the Patek Philippe Ref. 5029, lot 343, fetched $590,800, which set a world record for that particular reference. Record sales were also achieved for the Patek Philippe Ref. 5013, lot 344, which sold for $523,600 and the Patek Philippe Ref. 3974, lot 113, which fetched $518,000 in the saleroom. Panerai also achieved a world record with lot 269, the “PAM 21,” selling for $140,400.

Collectors also enthusiastically competed for Rolex wristwatches. Of note was lot 331, the so-called “James Bond” Submariner, which sold for $82,600. In addition, the Rolex “Comex” Submariner, lot 333, fetched $73,160, and lot 33, the so-called “Black Dial Pre-Daytona,” Ref. 6238, achieved $88,500.

“The success for our first auction of 2007 is a clear indication of the strength of the U.S. watch market,” Evan Zimmermann, director of Antiquorum USA, said in the release.

Check your wrist!

New Gold Jewelry Designs Are The Rage In China!

At yesterdays jewelry showcase event in Beijing China, models went absolutely crazy with gold jewelry items that ran the gamut from the funky gold sunglasses below to more over the top designs like a bra made from solid gold (I won’t post that picture here, but you can see it on my links..;-)

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This model is wearing a pair of gold glasses, which weighs 111.33 grams and was designed by Chinese designer Zhu Fei, during a gold jewellery design competition in Beijing March 28, 2007. [Reuters]

Wonder if she can even see out of those glasses??

Via China Daily for those additional pics. you might be interested in…

Bremont Swiss Watches Make A Splash.

Bremont is an all-new watch brand offering a range of highly-developed timepieces of exceptional quality. Each model is designed to exacting specifications, while possessing enduring aesthetic values.

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Although Bremont watches are made using only the finest quality Swiss components and are hand-assembled by skilled watchmakers in a dedicated atelier in Biel-Bienne, they contain something which no comparable timepiece can match: an air of quintessential Britishness derived from the background of the brand’s founders, brothers Nick and Giles English.

From the way they are advertising this watch line, it appears that these watches are waterproof and “grime proof”…

Take a look!

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Via Time Zone and Luxist.

The “Star of The South” Diamond. Trouble In Paradise.

The Times of India reports this morning that The Star of the South, one of the most famous diamonds in the world, may become the latest bone of contention between scions of the royal Gaekwad family of Baroda.

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Star of The South Diamond.

The 128.8-carat diamond has been shown as a part of the disputed property of the royal family, like the Baroda Pearls. But the diamond that surfaced in Mumbai has already been sold, while the hammer is yet to strike on Baroda Pearls at Christie’s. The Star of the South was bought by Cartier.

The value of the diamond is estimated to be $94 million on the international market. In a recent book titled ‘After Ambassadors, Before Dukes’, author KRN Swamy dedicates an entire chapter ‘The Most Flamboyant Maharani’ to Sita Devi, the second wife of Maharaja Pratapsinh Gaekwad.

The author states, “The jewelry world lost traces of the Star of the South and English Dresden diamonds, until they emerged recently in Amsterdam, and were bought by the famous jeweler firm Cartier.” Interestingly, Sangramsinh, the youngest son of Pratapsinh, has been claiming that the Star of the South is among the heirlooms that is under dispute and was in possession of the palace here.

“In fact, the diamond, along with other world famous diamonds like ‘The Akbar Shah’ and ‘The Empress Eugenie’, among others, was in the list of properties disclosed in wealth tax returns furnished by late Fatehsinhrao Gaekwad as on March 31 1988. Later even his wife Shantadevi had mentioned the diamond in her wealth tax returns,” said Sangramsinh’s lawyer Kailash Jethmalani. “We are tracing the route through which the diamond reached Cartier and are examining possible legal action,” Jethmalani said.

Discovered in 1853 in Brazil by a slave woman working in a mine, gemologists record that the Star of the South was originally sold at a modest sum of $3,000, after which the purchaser disposed it in Rio de Janeiro for $30,000. The rough stone passed through many hands before it was sold to Costers of Amsterdam for $35,000 and cut to a cushion-shaped stone with a faint pinkish-brown hue.

It was purchased by Halphen and Associates of Paris and was given the name the Star of the South. It changed hands and eventually was sold to prince Malharrao. Its last recorded presence in India was in around 2002, when Cartier bought it from Rustomjee Jamsetjee of Mumbai.


“Breakfast at Tiffany’s”, this isn’t.