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Ernst Benz Commemorates Bejing With New Timepiece

September 10, 2008 by Administrator · Leave a Comment 

Ernst Benz

National Jeweler reports that the Swiss watch brand Ernst Benz has launched a new timepiece in commemoration of the city of Beijing, host of the 2008 Summer Olympics.

The introduction marks a new series to be released bi-annually in celebration of the great cities of the world. “In the continual effort to tell the story of Ernst Benz and its ‘Great Circle’ theme of exploration and aviation, we have designed these timepieces to honor the magnificent society and rich heritage of the city of Beijing,” Leonid Khankin, Ernst Benz designer and managing director, said in a media release.

In designing the “Beijing 2008 Limited Edition ChronoScope,” Khankin took inspiration from Chinese numerology and the number eight, a continuous and symmetrical number that is a symbol of prosperity and wealth in Chinese culture.

The watch was designed and manufactured in Switzerland, and will be available exclusively in the brand’s signature 47-millimeter size with two different dial executions, “Noir,” in black, and “Vermilion,” a red style. Both versions will be limited to only 88 pieces, hand-finished in brushed stainless steel. An even more limited edition of eight pieces per dial will be available in black PVD-coated brushed steel.

Both dials feature a traditional Chinese pattern representing fire, and incorporate Chinese characters for the numerals, with the eighth hour marker written as “08″ to signify the importance of the 2008 year. The watches will be delivered in custom Chinese-themed packaging and will feature a choice of hand-stitched alligator straps in black with red stitching or red with black stitching.

The stainless steel version will retail for $5,800 and the black PVD-coated brushed stainless steel model will retail for $6,800.

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Are you a history buff? Then you’ll want to read this article about what is perhaps Catherine The Great’s Pearl Necklace, published by the San Diego Luxury Pawn Shop Report.

Catherine The Great’s Pearl Necklace?

September 10, 2008 by Administrator · Leave a Comment 

pear.jpg

A mysterious pearl necklace that may have once belonged to Catherine the Great, Empress of Russia, is this week’s featured jewel. Automotive billionaire Horace Elgin Dodge purchased the necklace from Cartier in Paris in 1920 for his wife Anna Thomson Dodge at the astonishing price of $825,000 – about $8 million in today’s dollars.

The original Cartier invoice states that the “five row pearl necklace, consisting of 389 pearls weighing 4305 grains” was accompanied by an “enamel clasp representing Catherine, Empress of Russia” and “two diamond alternate clasps.” Several newspaper accounts from the ’20s suggested that the pearls did indeed once belong to Catherine; Anna Thomson Dodge’s heirs maintain that Horace bought the pearls from Cartier on that basis.

Now reduced to three strands comprised of 224 pearls and two Cartier diamond clasps, the necklace (above) is estimated at $500,000- $700,000 – a hefty sum, to be sure, but far less than Horace originally paid. The reason for the depreciation has less to do with the reduction in strands than with changing fashion and an evolving jewelry marketplace.

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Come to the San Diego Luxury Pawn Shop Report for all your news on watch and jewelry auctions. Read articles like this: Sotheby’s Magnificent Jewels Auction Expects $64 M.

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