After over 20 minutes of bidding from collectors across 3 continents, underscoring the enduring legacy of the most iconic actor of the 20th century, Marlon Brando’s Rolex GMT-Master reference 1675 sold for $1,952,000.
Nomos introduces the 33mm Metro Rose Gold, the smallest size in the range, powered by a manual-winding Alpha movement. Grey hour markers and purple minute markers gently contrast with the rose gold of the case and hands.
On March 24th, the curtain will rise on Baselworld 2011, the watch and jewellery show which, year after year, brings more than a hundred thousand people to the city on the Rhine. I'll be one of them, wearing my three hats of journalist, interested visitor, and former executive in the sector. Which to a large extent sums up the people who from March 24th to 31st will be milling around the stands at Basel.
Since the 1960s, the Dutch bank ABN AMRO has forged a solid reputation as the leading financial partner to the diamond industry. Leveraging on this position the bank is aiming to expand into the watch industry, a natural extension in the world of luxury.
Forbes has published its 2011 list of the world's richest people. Bernard Arnault, 61, Chief Executive of LVMH which recently added Bulgari to its portfolio, has climbed three places to fourth position, behind Mexican telecom mogul Carlos Slim (US$ 74 billion / € 52 billion), Bill Gates, founder of Microsoft (USD 56 billion / € 39.5 billion), and Omaha guru Warren Buffet (US$ 50 billion / € 35 billion). As LVMH shares surged +57% last year, Arnault added US$ 13.5 billion (€ 9,5 billion) to his fortune and now has a net worth of US$ 41 billion (€ 28,9 billion).
The auction house will doubtless live up to its reputation for record watch sales this May 16th. The lots on the block include enamel pocket watches and a few "stars" from Rolex, Longines and, of course, Patek Philippe.