Friday, December 19, 2014

World's most expensive Necklaces

Chopard Magnificent Diamond and Emerald Necklace - The necklace features 191 carats of emeralds, set between 16 carats of diamonds. Price: $3 million.
Titanic Heart of the Ocean Diamond - The “Heart of the Ocean” diamond necklace that Kate Winslett wears in the movie ‘Titanic’ is not a real diamond. It’s actually a blue cubic zirconium made by London jewelers Asprey & Garrad. The jewelers did later make a reproduction using real gems, including a heart-shaped Ceylon sapphire that weighs in at a whopping 170 carats.

Price: $3.5 million
De Beers’ Marie Antoinette Necklace features more than 181 carats of diamonds, including a monster 8 carat, pear-shaped white diamond as a centerpiece. All of the jewels are set in platinum. $ 3.7m.
Neil Lane’s Diamond Necklace features 140 carats of pear-shaped, cushion-shaped and teardrop-shaped diamonds, all set in platinum on multiple strands. $4m.

Garrard’s Heart of the Kingdom Ruby necklace features as its centerpiece a nearly 41-carat, super rare, heart-shaped Burma ruby. The brilliant stone is surrounded by more than 150 diamonds. Price: $14m.

The most expensive necklace ever made will be on sale at Singapore's JewelFest show. It is estimated to bring $55 million.

The necklace is known as L'Incomparable, and features a large yellow stone suspended from a rose gold setting with 90 white diamonds and weighs 637 carats in total.

The necklace was made by luxury jeweler Mouawad and features a yellow, internally flawless diamond weighing 407 carats with 90 white diamonds weighing nearly 230 carats. The rough stone was found in a pile of mining tailings by a young girl in the Democratic Republic of Congo.

Franco-Nevada Corporation - FNV.t (FNV.n)

Franco-Nevada Corporation - FNV.t is a gold focused royalty and stream company with additional interests in platinum group metals and other resource assets.

The majority of revenues are generated from high margin assets in North America.

On November 5, 2014, the company released Numbers

"Franco-Nevada Corporation (TSX: FNV; NYSE: FNV) today reported third quarter 2014 results with 70,071 Gold Equivalent Ounces(1) (“GEOs”) being earned, an increase of 23.6% over the third quarter of 2013.

In addition, the Company recorded revenue of $107.6 million, Net Income of $33.2 million, or $0.22 per share, Adjusted Net Income(2) of $34.5 million, or $0.23 per share and Adjusted EBITDA(3) of $88.7 million, or $0.59 per share.

“Franco-Nevada’s diversified portfolio continues to perform very well which has resulted in an increase in our GEO guidance,” said David Harquail, CEO. “It is worth noting that this is before the expected added contribution from our $648 million Candelaria acquisition which closed earlier this week. We will begin recording revenues from the sale of ounces from this new cornerstone asset in the fourth quarter which should make it a particularly strong quarter. In August, Franco-Nevada successfully raised $500 million in new equity capital which has allowed Franco-Nevada to remain financially strong and debt free even after committing to over $900 million in new investments in 2014. We expect to continue to make further investments.”

Financial Results
For the third quarter of 2014, production attributable to our portfolio increased to 70,071 GEOs from 56,683 GEOs in third quarter of 2013, with revenue up 8.9% to $107.6 million. The Company saw growth in GEOs and revenue from recent acquisitions such as Sabodala, Fire Creek/Midas, Kirkland Lake and Osborne, and organic growth from Detour Lake and the Goldstrike and Hemlo net profits interest (“NPI”) royalties. Oil & gas assets generated $20.5 million in revenue with the Weyburn Unit representing 81% of oil & gas revenue. Revenue diversification is high with 47 producing assets, 78% from precious metals (66% gold and 12% PGM) and 79% from North America and Australia (37% Canada, 21% U.S., 16% Mexico and 5% Australia)."




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Thursday, December 18, 2014

Expensive Auction Items II

It took 8 minutes to set the record price for a piece of art sold at auction. On May 4, 2010 Christie's sold Pablo Picasso's Nude, Green Leaves and Bust, a painting created in one day in 1932, for $106.5m. The painting is of Picasso's lover Marie-Therese Walter.

In 2004 Picasso's Boy with a Pipe (The Young Apprentice), sold for $104.1m.
“The Scream,” Edvard Munch (1895) Sold May 2012. $119.9m.

“Dora Maar au Chat” (English: “Dora Maar with Cat”), Pablo Picasso (1941). Picasso’s portrait of his mistress with a cat on her shoulder. Sold May 2006. $105.4m.
Marilyn Monroe's "Happy Birthday Mr. President" Dress. $1,267,500

When Marilyn Monroe delivered a sultry "Happy Birthday" serenade to President John F. Kennedy on May 19, 1962, the blonde bombshell wore a flesh-colored, curve-hugging, jewel-encrusted dress so tight and sheer that, according to legend, Monroe was sewn into it.
Bartolomeo Giuseppe Antonio Guarnieri was the grandson of one of Stradivari's apprentices, and it was his instrument that broke the world record for the highest-priced violin at auction. $3.9 million. The 250-year-old violin is one of only 250 Guarnieri instruments that survive.

1957 Ferrari 250 Testa Rossa. There are only 21 other cars like it. $12.2 million.
Items belonging to a police officer involved in the Jack the Ripper murders case in 1888 have sold at auction for more than five times their estimate. £17,700.

A never-before-seen 1973 KISS diary, a 1974 typed-letter from KISS Manager Bill Aucoin’s Rock Steady Productions highlight over 500 lots of EliteWorks KISS auctions, which will begin on Sunday, January 4th.
The highlight of the sale by Julien’s Auctions at the Palms Casino Resort in Las Vegas was the $450,000 brought by the black 1977 T-Top Pontiac TransAm Reynolds drove in Smokey And The Bandit.
Yankees first baseman Lou Gehrig's autographed and inscribed glove. $287,000.

Most Expensive Sculpture - L’Homme qui marche I. Price: $104.3m

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