Apparently Disney World is allocating some of their property for new luxury home construction. According to recent reports out of Florida, Disney is planning on building a gated community called Golden Oaks which will eventually see up to 400 new luxury homes.

Prices for the estates will start at $1.5 million and go up from there to at least $8 million.  We’re sorta of unclear on where these homes would be located, given the small amount of space left inside the park itself for such extravagance.

Luxury designer and jeweler Knalihs Athem has come out with their latest diamond-covered phones: The Diamond Blackberry Bold (BlackBeauty) and The Diamond Nokia 8800 Carbon Arte (SnowWhite).

The custom phones can be decorated with pink, yellow, black, champagne and white diamonds and personalized with initials, lucky number, logos and anything else your heart and back account desire.

Each one is a custom creation although the Nokia clearly offers more room for stones to be inlaid. The Knalihs Athem Blackberry Bold looks almost modest by comparison with its small rim of diamonds.

The 18k gold Pasha watch is printed with its manufacture date of 1987, and bears a quartz movement, being the “in” thing of the time. Today this would lead you to believe that Sinatra might have been miserly with his gift, but this was not the case in the late 80′s when quartz movement based watches were much more popular than mechanical ones. The watch complications include the time, date with day, moon phase, and second time zone. The watch is very rare, and is estimated to go for a likely lower than actual auction price of $10,000 – $20,000.

There’s been a show-stopping addition to RM Auctions‘ annual Leggenda e Passione event at the Ferrari factory in Maranello on May 17.  Regarded as one of the greatest sports-racing prototypes ever designed by Ferrari, the fiercely competitive 330 P4 is one of only three P4s ever built.

The example on offer has a distinguished racing pedigree including a win at the 1000-kilometre Trofeo Filippo Caracciolo in Monza and a third overall finish at the 24 Hours of Le Mans in 1967. The car has been driven by such legendary names as Lorenzo Bandini and Willy Mairesse, while Jackie Stewart and Chris Amon famously took the car to second place in the British BOAC International 500, clinching the World Championship for Ferrari in the process. The May 17 event marks the first time the car has come to market in 38 years.

The new Cuba, while still communist, is opening up its doors again slowly. Havana might never be the play city for the rich and famous as it used to be, but signs of new life can be seen. In a few months, now Swiss watch maker Cuervo Y Sobrinos will open up a new boutique store in Havana. Finally the original Cuban watch brand returns to Cuba in the city that helped make it famous. Pictured above is a Cuervo Y Sobrinos Esplendidos Monopulsante watch. Prices for the brand range from about $2,500 and way, way up.

Sporting a unique shape, gothic-inspired buckles and an innovative texture, this purse is catering to a younger and more vibrant Dior audience.  At a room 20″ x 11″ x 4″, the purse is lovingly crafted from pebble leather.  This stylish bag is available at Saks Fifth Avenue and sells for $2,950.

Measuring a generous six-feet, it is constructed of 100% reclaimed materials from sources such as wooden barrels used to age wines and 300-year-0ld oak barrels that were commandered from a merchant in the U.K.

There is a method to the madness as the 112 segments of oak symbolize Newton estate’s 112 distinct vineyard blocks.  Additionally, the glass shelving and steel cables which hold everything together has been from a construction site.

Only five of these bars have been built so you will be in rarefied company should you secure one.

Think I jest?  You won’t after reading this tale of woe:

A woman in St. George, Utah went to the Zions Bank and handed over 14 gold $20 Double Eagle coins, saying she had groceries waiting at Wal-Mart, which would not accept the coins as payment.

The bank teller gave the woman $280 but the coins were worth far more. The oldest coin was minted in 1875 and the most recent was 1927. Now the search is on for the woman because she could be getting a lot more money. Double Eagles can fetch thousands of dollars or even up to $1 million depending on the date.

Even melted down the coins would fetch around $900 each at today’s gold prices. One can only assume that the lady had no idea what the coins were valued at the woman did not know the treasure that she surrendered but she’s in for a big payday now.

At the recent Paris fashion shows, where the fashion paparazzi greet interesting accessories with the same enthusiasm as they greet a plate of pastries so Spicy caused a bit of a fracas.

Spicy, is a decadent bejewelled confection set with purple, green and orange stones, caused so much fuss, poor Alexa Chung was almost knocked over in the quest for a shot of hers.

Other celebrities recently spotted wearing them include Chloe Sevigny, Heidi Klum, Victoria Beckham and, of course, Madonna, star of Vuitton’s current advertising campaign.

So why the furore?   The general concesus is that is a fun, jolly and proper work of art type of shoe.