OMEGA, in partnership with Sotheby�s Hong Kong, joined hands to hold a charity auction released to celebrate OMEGA�s role as Official Timekeeper of the Beijing 2008 Olympic Games. All 35 of the timepieces, collectively known as the OMEGA �Beijing 2008, Unique No. 8 Collection�, were auctioned off as part of Sotheby�s Important Watches Autumn Sale 2008 yesterday at the Hong Kong Convention and Exhibition Centre. The Collection was sold for HK$9,620,000 (1,231,071 USD)*
The collection is based on the �lucky number 8� concept. It includes an example of every OMEGA timepiece licensed for the Games of the XXIX Olympiad in Beijing. The watches are delivered in a striking, black walnut tower with an exclusive finish. Popular belief in China holds that the number 8 is fortuitous, so the watches representing the Beijing Olympic Collection are housed in the black tower in eight separate drawers, placed one above the other reminiscent of a rectangular pagoda. So one would surely not go more superstitious than this!!!

This one-of-a-kind Collection is composed of 8-numbered 32 Limited Edition watches in the OMEGA Beijing Olympic Collection, alongwith three �Olympic Split Seconds Chronograph 1932� pocket watches, also numbered 008 in their limited editions of 100 pieces. It is surely the elitist collection of the week.

Via luxist / omegawatches

Yes, you heard it right! And the courtesy for such a whopping price tag of Damas-designed Kohl magazine, ITP Lifestyle magazine goes to its bejeweled cover page featuring Katrina Kaif captured by celebrity photographer Avinash Gowariker! Targeting Asian women, the face of the magazine comes dipped in 91 grams of gold and festooned with 622 diamonds. Thanks to the alliance with an established UAE-based jeweler Damas that the magazine is valued at more than $10,000 and is anticipated to undergo auction for the Rashid Pediatric Therapy Centre in October 2008. The gold-slapped cover of Kohl respects Bollywood diva Katrina Kaif, who was voted the Sexiest Woman by a famous international magazine.

Total 86 hours were invested by Damas craftsmen to hand-apply layers of gold leaf to a specially-treated gold-edition of the exclusive magazine. If you are unaware then the glitzy front cover of the world’s most costly magazine issue preserves all of its unique content, assuring its idyllic exhibit appealor one-off gift for either a compassionate or dedicated aficionada of Kaif. After all the gold-creation designed for a noble cause throws an opportunity for fashionistas to express their love for Kaif and earn some novelty.
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You are wrong if you think that only revealing and trendy silhouettes gets an invitation to undergo a blingy treatment and within no time evolve in their shining new avatar. Whilst Triumph Luxurious Diamond Thong layered with countless diamonds may seem a confrontation to my argument but the news about World’s Most Expensive Abaya, a traditional form of Islamic dress stands high to defend it. Abaya, the simplest form of dressing accepted by Islamic religion was picked by British couture designer Bruce Oldfield. The bejeweled Abaya features 4,668 diamonds weighing 359.7 grams of white gold. Bruce in association with Crosley Diamonds based in London has unveiled this luxury called World’s Most Expensive Abaya.

They say the deluxe Abaya is expected to be sold off at The Gulf Luxury Trade falling coming month for $350,000. The sales generated would be donated towards the relief charity “Islamic Relief.” Popularly known electronic violinist and former model Linzi Stoppard is the proud foremost person to don it.

It seems the industry moguls cannot settle down at anything ordinary and hence has religiously charted out their own way to celebrate event. The case in point is Scrabble’s 60th Anniversary that got enough applause from celebrities also. The Diamond Anniversary Edition game board is hand crafted and sports bling via its gleaming 30,000 Swarovski crystals. Every radiant sparkler was scrupulously elected to bout the scrape board’s signature shades. Its display plate is signed by Jimmy Kimmel, Skeet Ulrich, Seth Green, Aisha Tyler and Daniel Kellison who were presented at the Scrabble “Under the Stars event”. If it catches your interest then free feel to install it into your entertainment corner by being the proud holder of this elite game board that demands an estimated bid of $20,000 at an auction at Clothesoffourback.

The sale proceeds would be donated to the St. Jude Children’s Research Hospital. But if you have spare amount of dough then bring home a $100,000 diamond-encrusted chess that screams luxury.

Via MoneyCNN