Edition 74: The Luxury Briefing

Louis Vuitton secures a stake in the high end jewellery market by buying the second largest diamond in the world, and Hublot captures the ephemeral rainbow with two new models.
Edition 73: The Luxury Briefing 1 758-carat Sewelo
The second-biggest diamond in history

One of the largest rough diamonds discovered since 1905 has resurfaced with a new owner. The 1 758-carat Sewelo has been acquired by Louis Vuitton and is said to be the second-largest diamond to be discovered. Roughly the size of a tennis ball, the diamond was recovered from the Karowe Diamond Mine, Botswana, in April last year. Michael Burke, the chief executive of Louis Vuitton, has not disclosed how much Louis Vuitton purchased the gem for, but it’s safe to assume a diamond of this calibre was bought for millions. 

Edition 73: The Luxury Briefing 1968 Mustang GT
Is this the most expensive Mustang of all time?

Last year we reported that a 1968 Mustang GT Driven by Steve McQueen in the classic film Bullitt will be auctioned by Mecum Auctions. The auction took place last Friday and the classic Mustang sold for $3.4 million during the World’s Largest Collector Car auction. This staggering sale makes the Steve McQueen’s Legendary ‘Bullitt’ Mustang one of the most expensive collectors’ cars sold at an auction.

Edition 73: The Luxury Briefing Hublot captures the ephemeral rainbow
Hublot captures the ephemeral rainbow

After the Big Bang collection from Hublot, the watch manufacturers are introducing the Spirit of Big Bang with seven colours of the rainbow. Like a modern alchemist, the master of the Art of Fusion, Hublot has rendered Isaac Newton’s theory of light and colours by designing the Spirit of Big Bang Rainbow, two 39-mm and 42-mm timepieces. On the 42-mm Spirit of Big Bang Rainbow, the hour hand clasps the chronograph skeleton movement like the claws of a precious setting, while sapphires, rubies, topazes, tsavorites and amethysts entirely cover the dial of the 39-mm model with sparkling reflections.

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