The latest work of BMW Group DesignworksUSA defies the current momentum of time. One look at the new 2009 Dassault Falcon 7X, and you will drift away from the fact that the world is witnessing a financial setback. Such is the charm of the luxury offered by this gorgeous private jet. The globe witnessed its grand debut at EBACE 2009, in Geneva on May 11, 2009.

The Prez and CEO of Dassault Falcon was heard saying that the brand is extremely proud of the work shown by DesignworksUSA. No wonder Falcon 7X matches the new level of flying experience. The interior needs a special mention due its impressive elegance and style.

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Even in the times of the credit crunch, the world of precious jewels is rather upbeat these days. Reason? Well, a rare and flawless cushion-shaped blue diamond has asked the world to sit up and take notice. With an expected price ranging between $5.8 million and $8.5 million (£4.1m to £5.9m), this one means big bucks.

Going up on auction at Sotheby’s Magnificent Jewels auction in Geneva on May 12, the diamond is still nameless. In fact, it has been decided that the final buyer will get the golden chance of naming this one. Here is a little history on this blue ice. Discovered at Petra Diamonds’ Cullian diamond mine in South Africa, this one is 7.03ct and has been cut from a 26.58ct rough stone.

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A deep analysis at the jewelry market today would show you the signs of weakness but then also the latest tip in the market proved to be really strong. Pictured above is a 13.39 carat stunner that got sold off at Geneva-based Christie’s breaking the world record at $8.9 million. I reckon you would agree with me that such blue diamonds are rarely found. The stone is a type IIb diamond and such diamonds are only valued by jewelry lovers or collectors.

They surround small amounts of boron that gives them their return in the form of elegant shade. Another worth pointing feature is their property of being semi-conductors they conduct electricity. The auction generated total sales of $48.3 million.

Via Christie

And Sotheby’s is again heads up for another jewelry auction at its Geneva-based auction house. Scheduled for 15 May, the auction accessories include an oval-shaped diamond ear clip, diamond encrusted tiara, diamond corsage ornament, fine enamel and diamond cocktail watch by Cartier, cabochon sapphire-set ring and many others.

The diamond ear clips from the collection of Lily Marinho comprises of two clusters of pear-shaped diamond, weighing 11.08 and 11.66 carats and are expected to fetch between $ 1,200,000 and $ 2,000,000.

Set with diamonds in the shape of oak leaves dating back to 19th century, the tiara is expected to generate sales of $60,000-$100,000.

The diamond corsage ornament signed by Vever is from the French Belle Epoque jewelery collection and are anticipated to reach $ 155,000-$235,000.

Another highlight of the auction is a fine enamel and diamond cocktail watch made by Cartier in 1924.

The watch was given in the 1930’s by the Duchess of York Elizabeth Bowes-Lyon to her personal companion Katta Maclean and today is expected to fetch $6,000-$ 10,000.

The facsimile autograph of Elizabeth Bowes-Lyon is featured on the overturn of a very fine enamel and diamond cocktail watch.

Also, the cabochon sapphire-set ring dating from 1930 (L), a fancy vivid purplish pink diamond ring (C) and a fancy vivid blue pear-shaped diamond are expected to reach between $ 20,000 and $ 30,000, between $ 2,350,000 and $ 2,850,000 and between $ 2,800,000 and $ 3,500,000 respectively at Geneva-based auction on 15 May.

Via Sotheby’s

A wristwatch belonging to an Italian mogul who takes pride in having won Grand Prix races and was president of Ferrari generated a sales of £1.1million against its pre-auction estimate of $1.9 million after selling off his gold Patek Philippe timepiece at Sothey’s Geneva auction house.

Count Carlo Felice Trossi’s priciest possession called the “Trossi Leggenda”, described as “really revolutionary” by experts, was the highlight amidst the other 200 timepieces. Trossi by profession was a racing driver, pilot and speedboat racer whose motor-racing triumphs count the 1947 Italian Grand Prix. Besides this another gold Rolex known as “Oyster Daytona Paul Newman” dating back to 1980 got sold for £76,000 almost two-fold of its pre-auction estimate of £25,000 to £40,000. The watch was christened after the Florida car race and for the American actor who helped promote this style.

Via DailyMial

Here comes a perfect antique gift for your beloved. Featured above is a 206.82 carat sapphire pendant encrusted with diamonds to be auctioned at Sotheby’s auctyion house in Geneva, London. Designed by jeweller Cartier in 1951, the pendant formely was a part of collection of Britain’s Wallis, Duchess of Windsor. It is anticipated to fetch $1.1-1.5 million (Euros 6,97,000-9,50,000) on 15 May.

The latest Swiss luxury watch called “Aviator,” has created the latest buzz in the market. Designed and developed by Yeslam Bin Ladin, half-brother of Osama Bin Ladin, this one is the first ever watch to enable pilots monitor their accurate airspeed when electronic mechanism stops functioning. Being pilot by profession, the face and dial of this timepiece is imprinted with fan blades and will surely prove to be a blessing for pilots. Agreed, planes these days come with built-in flight computer that keeps the track of airspeed, but at the same time a fact cannot be denied that electronic breakdowns also happen frequently and Yeslam makes this statement confidently as he has logged more than 3,500 hours of flight time. The watch also enables to guesstimate a flight’s interval before take-off.

Yeslam is running a luxury goods store in Geneva for past four years and also deals into perfume and handbags. The Aviator is anticipated to hit the market in coming months at a retail price of $9,472-$24,430, depending upon the steel version or white or rose gold edition.

Via Yahoo

Diamond Pendant

This orange-brown briolette-cut diamond weighing 100.60 carats within a pave-set diamond hook-and-eye clasp was available for sale in Geneva on 17 May.

Expected Cost: $ 1,000,000–$1,200,000

Daimond Necklace

This displayed diamond choker necklace made of a pear-shaped diamond weighing 20.28 carats and another smaller pear-shaped diamond weighing 2.05 carats was available for sale in Geneva on 16 May.

Expected Cost: $1,200,000–$1,500,000

Scheduled date for sale

Christie’s, the world’s leading art business is never at rest. At the upcoming two-day exhibition in Geneva on May 16-17 at Geneva’s Four Season Hotel des Bergues, some of its beautiful works will be exhibited for display.

This will include various sought-after diamond designs, including a diamond-briolette pendant, emerald ring, sapphire ring, diamond earrings on the block. The rings are mounted by Van Cleef and Arpels.

The collection by the contemporary designers’ viz. Boivin, Boucheron, Bulgari, Cartier, Harry Winston, Lacloche and Van Cleef and Arpels epitomizes the style statement.

A diamond choker necklace made of a pear-shaped diamond weighing 20.28 carats and another smaller pear-shaped diamond weighing 2.05 carats. (Displayed on 16 May)
Expected Cost: $ 1,230,000 – to $ 1,500,000

A ruby and titanium brooch by Michele Della Valle embedded with 5,000 rubies weighing almost 300 carats.
Expected Cost: $56,000-$72,000

Christie’s Jewelery specialist Helen Molesworth displays interesting rings to respect your fingers.
Estimated Cost:
Emerald and diamond ring (L): $600,000-$800,000;
Colored diamond ring (2L): $1,400,000-$1,650,000
Sapphire ring (2R): $300,000–$410,000 and
Single-stone diamond ring (R): $600,000–$680,000
These rings are available for auction on 17 May in Geneva.�

Pear-shaped diamond earrings weighing 6.77 and 6.18 carats from Cartier.
Estimated Cost: $350,000-$500,000

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