It’s not often old eggs are sold for very much, but when it’s a 105 year old Faberge Egg covered in pink diamonds there may be an exception. The egg, which also features a miniature clock and a rooster flapping his wings, drew a final price of a staggering $18.5 million, shattering the previous Faberge Egg record of $9.6 million sold in 2002.

Originally created in 1902, this particular egg was purchased by an unnamed Russian collector and it marks a continued return of Russian art to it’s original home in Russia as more and more Russian collectors have he ability to recover them.

Gucci has released a new luxury timepiece, the Horsebit Cocktail watch. Adorned with a diamond pav‚ or semi-four, delicate horsebits clasp the watch’s slightly convex case, creating a jewel-like silhouette.

Available in two sleek treatments — stainless steel or white gold — the watch comes with either a lizard skin or satin strap, in black or white shades.

On the bands’ reverse, Gucci’s double-G logo is imprinted on kid-skin leather. A minimalist metallic dial — and a diamond-accented crown on the most deluxe versions — adds a decidedly sophisticated finish.

Designed by Gucci Creative Director Frida Giannini, the Horsebit Cocktail watch reflects Giannini’s strength for melding the house’s celebrated heritage with the ideals of modern luxury.