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.

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Reports from Wealth Bulletin reveal that Geneva-based renowned watchmaker Urwerk has produced a revolutionary timepiece that they claim to be the world’s hardest timepiece, the 103.08 TiAlN. The timepiece is layered with a Titanium Aluminum Nitride minus a coating less than 4 microns thick and a good deal lighter than gold and platinum. At the same time it is more than 5.5 times harder than steel. Nearly unbreakable, the watch is basically resistant to scrapes, shocks, corrosion and even acids. They take pride producing such a masterpiece, as this is the first one to use the coating.

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Exhibiting around 200 lots, the highlight of the auction scheduled in Geneva for 11 May is the “Trossi Leggenda” Patek Philippe chronograph developed and designed by Patek Philippe in 1932. Earlier owned by Count Carlo Felice Trossi, the piece is anticipated to produce roughly $ 1.9 million. Measuring 46 millimetres in diameter, this unique over-sized single button chronograph wristwatch is touted as on eof the largest wristwatches ever made by the firm. It was picked by Count Trossi as a realistic timekeeper for use in motor racing and aviation to support with the precise duration of the proceedings in a highly noticeable arrangement.

The production of wristwatches by Patek Philippe was generally huge in size and les sin number. Other highlight of the auction remains a rock crystal crucifix watch (pictured above).

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For all those watch lovers, here is an opportunity to flaunt their mechanical watch collection by adding a spark of life to their otherwise dead mainsprings. It is possible via Steinhausen’s latest offering of a Watch Winder that can lodge around 20 mechanical timepieces. And if by any chance your mechanical masterpieces catch ill, it would still welcome them to offer a soothing device to your guests. This designer Watch Winder Pro by Steinhausen Armada looks like a retro cabinet. Apparently it has two electric motors, which replicates the feat of your wrist by leisurely rotary motion, thus twisting up your mechanical timepieces. The Armada comes in a cultured, cherry refined wood case that breeds vintage appeal throughout. Priced at $1500, this may convince you to purchase five elite mechanical wristwatches within this amount.

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What can you expect from a watch-making company to enter into production of mobile phones? Utter Crap! But Tag Heuer is an exception to the case. Having established its name in the production of elite timepieces, the company is all now all set to carve space for itself in the mobile phone industry inviting rich class.

Called the Meridiist, the phone is developed with the similar level of excellence as their chronometers using a 316L stainless steel and two screens built from scratch resistant sapphire.

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Featured above is the DeWitt Concept No. 1 timepiece that makes you utter ‘It is monstrously steampunkish’ on its very first glimpse. This one-of-its-kind watch is an outcome of alliance between French architect Jean-Michel Wilmotte and DeWitt.

This gothic bootleg spacecraft of a watch does set new values for steampunk artifacts and thanks to its escalating riveted case, soaring tourbillon, five barrels with a 21-days power reserve. The flying tourbillon is being deputed to counteract the force of enormity that’s marks the accuracy of the watch. You might question its hefty price tag of $633,000 but it smilingly deserves this tag as this luxurious possession doesn’t come cheap.

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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

Choice is yours: Spend those virtual rainbow dollars to feel the possession of Real Crystal LED Watch concept that we noticed lately or shield behind an excuse saying we are saving enough dough to add value to our wrist by inking a deal with De Grisogono Meccanico DG timepiece.

This innovative timepiece right from the Geneva jewelers and watch makers is the first ever mechanical watch designed with a built-in digital display. Powered by the DG 042 De Grisgono manual movement, it features time in two time zones viz. one at the top of a regular dial and other at the bottom in a digital format. Designed using titanium and gold, counted 177 models (each) of this limited edition watch would be available at De Grisogono. It is unveiled to commemorate the horological year at de GRISOGONO.

Via ForumsTimeZone/ Sybarites

Basel World is known as a celebrated trade show for the watch industry. Having seeing Seiko space watch, Versace $227000 jewelry watch and $300,000 day and night watch….the list is still not complete. Another entrant to the list is an offering by new watchmaking tag team Greubel Forsey making up to this event for the fifth time since its foundation in 1999. They are real watch mechanics who offered a tourbillon, a watch apparatus that tries to accurate the seconds that are intrinsically lost in automatic timepieces.

It’s similar to a two-dimensional gyroscope called “Double Tourbillon 30°” watch. It is developed with two small gyroscopes, each equipped with an angled, revolving dial in the center. It is designed in such a way so that it can worn from any angle as it maintains a balance between action and recline and the watch drops the check of the possible number of seconds. Recently designed “Tourbillon 24 Secondes Incliné” watch integrates a single angled tourbillion that spins every 24 second, thereby touting to be ultra accurate. Against the estimated $425,000 price tag of the double tourbillon, this luxury comes cheap at an affordable price of $200,000. Also, Greubel Forsey’s art piece, the Quadruple Tourbillon Differential, is company’s contemporary and complicated watch with two time-correcting tourbillons that run separately, allow for almost complete precision. Dubbed as “Invention 2, ″ it is priced at $500,000 and is a real marvels in the watch industry. Counted 60-70 watches will be manufactured.

Via NYT

The Seiko watch company has a convincing tale behind the production of their latest watch viz. the Seiko Spring Drive Spacewalk. Unveiled at Baselworld, the model has been designed to endure the intense surroundings of outer space and word is around that Richard Garriott, the sixth private-citizen space explorer would be carrying it while making a trip this fall.

Garriott, a video game designer by profession and son of a NASA astronaut is in a mood to drop $45 million for his trip and wishes to visit the International Space Station, thereby becoming the first private citizen to do a space walk outside of it. He would be wearing the Seiko Spring Drive Spacewalk over the spacesuit so the watch can help him survive through zero gravity and a setting where heat can get as low as down beating 22 degrees Celsius. It is light in weight and bears a dial with a Lumibrite conduct for readability. The case is air stiff and is designed using high-intensity titanium. This limited edition watch is available in counted 100 models out of which three would be taken away by Garriott on his October adventure and rest 97 will hit the market in December priced at $25,000.

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