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Sylvester Stallone Wearing A Jacob & Co. Skull Five Time Zone Watch

Filed under: Timepieces / Watches

Want to know what some of the last Jacob & Co. watches look like before the brand gets totally revitalized next year? Here is Sylvester Stallone modeling a Jacob & Co. Skull Five Time Zone watch. With both white and black diamonds, the watch features the famous five time zone design (with four additional watch dials in addition to the main time. The case is 47mm wide in either black or polished steel, and the skull can be had in white diamonds with a black diamond background or vice versa. Inside the watch are Swiss ETA quartz movements (five of them). Being a Jacob & Co. watch, it is available with almost 10 carats of diamonds. Price starts at about $27,000. Does Stallone like it? Well, he liked it enough to wear it. Watches like this are gonna be collector's items of sorts when Jacob & Co. transforms itself under leadership by Yvan Arpa starting soon.

Ariel Adams publishes the luxury watch reviews site aBlogtoRead.com.

Jacob & Co. Quentin Watch

Filed under: Timepieces / Watches

Usually Jacob & Co. is known for diamond heavy watches but this watch, the Quentin is about the mechanics and not the sparkle. Similar in style to the Cabestan, this watch has a vertical mechanical movement with a manual winding escapement mounted in a tourbillon cage. This cage is suspended without roller bearings and positioned vertically and winds with an integrated key, external hand key or motorized in the box. The indications of hours, minutes and power reserve are made by vertical disks assembled coaxially. The watch is done is a limited edition of 99 pieces in white gold, 18 pieces in rose gold and 18 pieces in magnesium, platinum on request.

[via Dream Watches blog]

Is Jacob the Jeweler Jacob the Money Launderer?

Filed under: Jewelry

Big news in the jewelry world, WWD reports that Jacob Arabo, founder of Jacob & Co., and famous for being Jacob the Jeweler to rap stars has been arrested on federal charges. Arabo was indicted in "a superseding indictment of 16 individuals with violating federal drug laws, which include laundering in excess of $270,000,000 in U.S. currency." Wow, let's just ponder that for a moment, $270 million. Arabo is charged with giving and lending jewelry to members of the "Black Mafia Family," a drug organization. The indictment requires that more than 30 pieces of jewelry, residences and cars be forfeited.  It's a big reversal of fortune for the king of bling.

Posh's Pre-World Cup Party and Auction

Filed under: Auctions, Celebrity Shopping

Victoria Beckham is hosting a huge auction at her pre-World Cup, "Full Length and Fabulous" party on May 21.   She has managed to get together over £2 million of luxury items for the sale, the profits from which will all be donated to Unicef. The items up for sale include a £1million diamond necklace from Asprey, his-and-her diamond-encrusted watches from Jacob & Co., valued at £600,000, and a £300,000 limited edition Bentley.

The bash will be hosted at the Beckhams home, dubbed Beckingham Palace. James Brown and Robbie Williams are performing for the 400 A-list guests, while top chef Gordon Ramsey will be doing the cooking. The guest list includes Prince Charles, Elton John, Liz Hurley, Tom Cruise and, of course, the rest of the English World Cup football team.

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