Gold has always been a highly entertaining, informative and beguiling subject not only because of its intrinsic value that has been the themes of tall tales and real stories but also because of its role in the economy. Alongside rhodium, platinum and silver, the high price of gold is due to its rarity as a naturally occurring and non-radioactive precious metal. The price of gold in the market affects important indicators like currency valuations, business and trade transactions and investments, among others.
A crash or a boom in the gold market can mean so many things to different people, one can gain so much while others can lose it call. The actual value of gold would depend on its price at any given day. But despite price slumps, gold will never lose its stature as a highly in-demand precious metal, so that many things with gold in them will always have their high financial worth at any given time.
We’ve rounded up a list of the most expensive golden things that are beyond the standard golden eggs, gold crowns and gold rings, but an interesting mix of gold-infused stuff from classic collectibles to modern blings and gadgets. We’ve also consciously listed those with gold as their main claim to fame and value (with some having bits of jewels and sparklers in them).
So what are the latest most expensive gold items in the world? Here’s our list.
Price: $15 Million
While the latest gadgets can still be affordable to some people, there are ways to set the bar higher when it comes to owning the most expensive hi-tech toys. Hire gadget jeweler Stuart Hughes to mix technology with so much gold plus some diamond studs and you’ve got the Gold and Black Diamond iPhone 5, the most expensive gadget in the world to date. (Hughes also made the world’s most expensive tablet worth $8 million, which is definitely outvalued by this golden iPhone.)
The $15,071,000 shimmering case is made of 24-karat solid gold while the edges and the Apple logo are covered in diamond studs numbering 600 in all. The iPhone’s crowning glory is the 26-karat black diamond embedded on the Home button. This piece of golden bling is owned by a Chinese billionaire.
Price: $11 Million
Watches are among the most excessively priced luxury items in the world, and different watches hold distinct positions when it comes to “valuable” rankings. The most expensive gold watch goes to Patek Philippie Super Complication Gold Pocket Watch worth $11 million.
The watch was commissioned by banker Henry Graves in a competition with friend James Packard on who can own the most complicated watch. The result was expectedly a very costly timepiece since jewels and precious metals are primarily used in the micro parts of a watch. Graves’ watch was made of 18-karat solid gold and comes complete with a skyline of New York City. It is now on display in a Geneva museum.
Price: $7.5 Million
High rollers need not waste wads of cash losing their not so hard-earned money, there’s a way to invest in their luxury games with a guaranteed return by buying the most expensive poker set for (only) $7.5 million. This is a creation of British deck game designer Geoffrey Parker.
First, the case is of alligator skin with a suede lining. The poker game gems are fitted with 18-karat white gold and frame of diamond that houses 384 18-karat gold chips. The chips in turn are set in precious stones while the dealer button is 18-karat white gold in two rows of diamonds. The poker cards come in four decks that are all platinum-plated. Prodigal, one might say, but this is actually a couture gambling bling. Clients specify the currency, denomination and precious rock formations they want on their set to dazzle poker-faced guests at play.
There are many coins in the world that vie for the most expensive because of their historical value, notably the Flowing Hair Dollar coin valued at $10 million, it being the very first dollar coin issued by the US government in 1794. But these valuable coins are not exactly gold coins. The distinction for the most expensive gold coin to date goes to Canada’s giant gold Elizabeth coin unveiled in 2007 and is made of 99.999 percent pure gold.
The coin weighs 220 pounds, is 1.2 inches in thickness and measures 21 inches in diameter. Production costs $997,000 at the time. It was minted to promote Canada’s one-ounce bullion coins and features Queen Elizabeth on the obverse (head) and maple leaves on the reverse (tail).
Indian gold investor Datta Phuge owns a shirt made of gold weighing over three kilograms and is worth $240,000 (or Indian rupees 12.7 million). This clothing was made by pioneering Indian jeweler Rankar Jewelers who took 15 days to weave, spun and sew the shirt. The golden top was designed with images of Indian kings and was lined with velvet. It is not washable though. Security men escort Mr. Phuge around during the rare times he trots the globe with this golden shirt.
British bejewelled shoe designer Christopher Michael has created the most expensive lines of shoes in recent history, so expensive that some of his creations have no takers yet. But just recently, the wonder shoe-man came up with what was dubbed as the most expensive (yet again) Valentine shoes.
The latest Christopher Michael Shellis Solid Gold Stilettos is a classic strappy design with sexy heels made of solid gold while sole sides and straps are encrusted with 2,000 diamond studs. The backside reveal a carmine heart-shaped sole pad that makes it comfortable and soft to wear, which is the ultimate gold standard for high-heeled shoes anyway.
Gold grills, anyone? And with that, we do not mean the dental grills that can also be studded with diamonds, but real, classic grills found in kitchens and picnics and cookouts. Yes, there’s the Gold Beefeater Barbeque Grill, and every side, rack, nuts and bolts of this wonder cooker is made of 24-karat gold.
BeefEater, an Australian grill manufacturer, came up with this golden grill for the 2007 Sydney Home Show. The price of literally cooking gold-grilled rib eye on this precious metal is $150,710.
Knowledge is a treasure that cannot be stolen, so it can be just as fitting to zap up all the knowledge both useful and useless from books, videos, TV and other sources with help from a golden reading glass that is in itself a treasure. The Clic Gold Reader is made of 18-karat gold that crosses the lines of practical optics and precious jewelry.
The seller, House of Solid Gold, claims 50 man-hours to create a pair, with the frame, back piece and side stems all made in solid gold. There are 300 pieces of this premium-priced spectacle model so anyone with the extra bouillons can sell them and then buy these gold formats after, and complete a true golden cycle.
The Eames brand of chairs, ottoman and furniture have always been known for its class, refinement and high price. While standard Eames are made of the finest wood and leather, there comes a time when gold breaks the classic monotony.
Welcome the simply golden Eames chair. It belongs to a league of its own and for its sheer simplicity in luxury, it will surely be having MoMA as its home, like other outstanding Eames creations.
There have been many food preparations infused with edible gold dusts and specks with accompanying golden price tags of course, and for the easily bored, these have become as ubiquitous as tenderloin. But not the Golden Phoenix cupcake, the latest edible gold to whet a royally hungry appetite.
This gold-wrapped chocolate cupcake is made by Bloomsbury’s Cupcakes in Dubai. Every bite comes with a mix of the priciest ingredients from organic flour to butter and chocolate to the edible gold sheets weighing 23 carats. To create the perfect golden mood prior to the ultimate wrecking, the golden cupcake is served on a gold-plated Mary Antoinette tea trolley and gold-painted cake stand.
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