The rare and exquisite jewels in Sotheby's "Magnificent Jewels" sale, promised to woo one and all at the auction. That is exactly what happened at the sale that was held on Tuesday at the Hotel Beau Rivage in Geneva. In fact, the sale was so successful that many pieces surpassed their estimated price. According to a release from the auction house, The Roxburghe Rubies, a set containing a ruby necklace and ruby earrings dating to the late 19th century,...

Antiquorum’s 35th anniversary sale that was held recently on the 14th and 15th November was one successful event. The highlight of this sale was the Patek Philippe Calibre 89 timepiece from the Matsuda Collection. The exquisite yellow gold timepiece is said to be the world’s most complicated watch and had drawn many enthusiastic bidders ever since Antiquorum announced its intention to sell this exceptional timepiece. In just a few minutes of bidding, the timepiece managed to fetch a final...

The Museum of Contemporary Art (MOCA) in Los Angeles recently celebrated its 30th anniversary. The celebratory event held over the weekend was attended by famous stars like Pharrell Williams and Japanese superflat master Takashi Murakami. It was also the first time ever that the museums entire collection was showcased at an event. There was also a special performance by Lady Gaga who played a Damien Hirst-painted piano that was later auctioned off for $450,000! One gala event, the celebrations...

Victims of Bernard Madoff’s Ponzi scheme can expect some relief as federal agents are all set to auction off his possessions. Several luxury yachts and a Mercedes-Benz seized from Madoff and his top aide Frank DiPascali will hit the auction block Tuesday in Ft. Lauderdale. The auction held by U.S. Marshals Service will feature four vessels and one vehicle of which the prized offering is considered to be Madoff's M/V the Bull, a 55-foot 1969 Rybovich custom-built sport-fisherman. The...

It’s not just exquisite gems and jewels that fetch millions of dollars at an auction. During the Toronto's annual Royal Agricultural Winter Fair, a three year old cow was sold at auction for a record setting $1.2 million! This enormous sum has made the cow bred in P.E.I. and previously owned by Alberta's Morsan Farms the world’s most expensive cow! The million dollar cow named Missy, is apparently a genetic goldmine and according to Bloyce Thompson, who bred her,...

In this time of recession and credit crunch only billionaires and millionaires are at liberty to splurge without a care in the world. For such carefree folks whose hobbies include collecting pens, here is one pen you must definitely add to your collection. Billionairexchange.com is auctioning the beautiful 50ct Black Spirit Pen. A true jewel, this pen is made from 18kt rose gold and is set with numerous black diamond’s (weighing 50 carats in totality) as well as white...

Christie’s is known for presenting some of the most rare and priceless jewels in its auctions. Now bidders in New York will have a chance to bid for some of the rarest gems and stones as Christie’s gears up for its "Magnificent Jewels from a Distinguished Private Collector" auction scheduled to be held on December 10. The single-owner sale will feature 10 exquisite jewels. The highlight of this auction is “The Evening Star” diamond from India’s Golconda mines. Pear-shaped,...

Here is an irresistible offer for every Michael Schumacher fan. The Benetton B194 with which Michael Schumacher won his first world championship of Formula 1 is for sale on eBay! The auction ends on November 16 and already the bidding has exceeded the asking price of 1million Euro ($1.5million). Add to this gigantic sum an additional 10,000 Euros ($14,900) for transporting this car from its current location in Canada. This race car is the perfect addition to your collection...

We have come across many auctions where bidders have not shied away from shelling out massive sums of money to be with their favorite celebrity or even experience their unique lifestyles. At one such charity auction, a bidder has won himself the chance to visit the Gates' Lake Washington property along with his friends and family. And the guide during this tour will be none other than the owner himself, Mr. Bill Gates! Just what exactly was the amount...

What could the 1937 Hindenburg disaster have to do with luxury? A little birdie tells us, there is a lot in fact. When the LZ 129 Hindenburg caught fire and crashed, of the 97 on board, 35 people on board perished. However a clever fire fighter salvaged bottles of beer from the wreckage back then in 1937 when it came crashing down. The Hindenburg beer or how it is now famous was Lowenbrau beer and 6 bottles and a...

Here at Luxurylaunches, we have mentioned about BillionaireXchange, the world’s first international auction and exchange site for the affluent, almost ten months back. The latest from this eBay of the Biilionaires is that it will officially move to referral and invitation-only membership. At present, the site has boasts of more than 26,000 multi-millionaires as well as almost a dozen billionaires as members. And if you think any John can enroll as a member here then allow me to tell...

One of the exclusive Ferrari 599 China Edition cars was auctioned recently in Beijing. The limited edition car fetched a whopping €1.2 million ($1.7million)! The lucky bidder was an anonymous, silent auction participant based in Shanghai. The beautiful car was auctioned at the automakers' fundraising dinner at the Red Gate Gallery in Beijing. All proceeds from the sale will go towards and help fund and benefit Tsighua University auto engineering students and teachers to study at the Politecnico di...

Fashionistas and lovers of exquisite handbags get set to bid for your favorite accessory as Christie’s South Kensington is holding an auction of historically important handbags on November 19. Bid for a stylish Hermes Birkin that is known to have a waiting of more than six years or go for the Kelly handbag. An auction for every bag lady, these vintage and stylish bags are sure to appeal to one and all. Besides Birkin’s the auction house is also...

If you are a fan of Elvis Presley, you would know that he was one of the most generous stars ever. Here is a ring that he had spontaneously given to a fan named Lloyd Perry in 1975 during a concert. When Perry could not keep the guitar that Presley threw to the audience, Elvis himself called Perry on stage and gave the diamond ring. The ring comes with 19 four-prong set diamonds and the body of the ring...

You probably know about all the latest MP3’s that are hitting the markets these days. But do you know about the first MP3 player to be ever made? Well, I didn’t either. Until, I came across this recent auction on eBay. Up for grabs on the auction site is the ListenUp MP3 Player made in 1997 which is being claimed to be the first true MP3 audio player. According to the seller, "only 25 units were produced for testing...