U.S. Marshalls Service on November 13th held an auction at the Sheraton New York Hotel & Towers, where Ruth Madoff’s 10.5 carat diamond ring brought in the big bucks. This was actually an auction of the belongings of Ponzi schemer Bernie Maddof. Mrs. Maddof’s diamond ring was sold for 550,000, while her diamond earrings went for over 100,000. Apart from these two jewels, other items belonging to Ruth Maddof were also sold, and they brought in a total of $2million. Bernie Maddof’s Rolex “Moon Phase” also went under the hammer for $67,500. A Steinway & Sons grand piano also brought in $42,000. The couple’s king-sized bed went for $2,250. Who bought the bed? Tally Wiener, the lawyer who helped liquidate Fairfield Sentry, a fund, which fed money into Madoff’s accounts before going under. He said he will offer the bed to Mrs. Madoff. Bernie’s velvet slippers with his initials stitched in gold thread were sold for an amazing $6,000. Some man even bought his unused box
Have you imagined that an open source project will captivate the luxury markets? Well, its time for your wished to come true. After an official phone, and another slider in the offing a few years ago Samsung mobiles and Giorgio Armani have joined hands again. This time they are trying to target geeks with a sense of fashion the duo is all set to launch the exclusive version of the Galaxy S. Each set is said to be priced at €700 ($955). Hope it’s worth the price though! Popout 
[Engadget And Highsnobiety]
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