Record $44 Mn from Sale of Luxury Watches at Christie's

Christie's raised a world record $44 million (33 million euros) for luxury watches in a two-day sale, the auction house said Tuesday.

The star earner of the collection was a pink gold Patek Philippe watch that fetched $2.1 million (1.6 million euros), Christie's said in a statement.

4.6 Million Pound Lamborghini Set to Be Auctioned
Set to be auctioned in 2014 for a mind-blowing 4.6 million-pound-price is a Lamborghini Aventador LP 700-4 that is made up of carbon fibre and covered in a thin layer of pure gold.

Another gold watch by the Swiss watchmaker, dating from 1947, sold for $1.57 million.

The watches went under the hammer in three sessions over Sunday and Monday and were all sold to anonymous buyers.

The auction house sold 50 Rolex Daytona "Lesson One" watches in the first session for a total of $13.24 million, including one for just over $1 million, Christie's said.

White Diamond Fetches Record $30.6 Mn at Hong Kong Auction
At a Hong Kong auction, a 118.28-carat white diamond broke a world record when it fetched more than $30 million.

In a jewellery auction on Tuesday, Christie's will put up for sale the world's largest known orange diamond, valued at $17-20 million.

Source-AFP

Rare Orange Diamond to be Auctioned in Geneva
A beautiful and extremely rare orange diamond to be auctioned in Geneva and auctioneers believe it could fetch at least $20 million.