The Irish Government Seized The Most Expensive House In England After Its Owner Defaulted On $80 Million Mortgage

Ireland’s National Asset Management Agency just seized the most expensive home on the UK real estate market after its owners were unable to make good on an $80 million mortgage, according to The Daily Mail.

The mega-mansion, named Updown Court, is located just 25 miles outside of London and was recently listed for $123 million.

Owner Leslie Allen-Vercoe put the house on the market six years ago but has been unable to find a buyer, according to The Daily Mail. When contacted by reporters, Allen-Vercoe said he had no knowledge of the bank’s plans to put the estate into receivership.

The mortgage was reportedly provided by Irish Nationwide, which transferred many of its loans to the Irish government after it collapsed during the financial crisis.

Set on 58 acres of land, with 50,000 square feet of space, Updown Court is larger in size than both Buckingham Palace and Hampton Court Palace.

The behemoth home has five swimming pools, a $6 million marble heated driveway, a squash court, home theater, bowling alley, panic room, and much more.

 http://www.businessinsider.com/most-expensive-house-in-england-mortgage-default-2011-7#ixzz1S0VCnh3m

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World’s Most Expensive Motorcycle

 

Photo Courtesy Bonhams

The Quail car show is one of many chichi events leading up to the grand Concours d’Elegance at Pebble Beach every August. This year motorcycle buffs will be looking for something special as they mingle on the lawn: a 1954 AJS E95 “Porcupine” motorcycle expected to fetch $750,000 at auction there later that week.

The Porcupine is expected to set a world record because of its singularity, rarity and racing history. British manufacturer AJS developed just four of them during World War II as a way to use forced induction to get more  power without having to make a bigger, bulkier bike. Famous racer Les Graham won the 1949 Grand Prix World Championships with the Porcupine–his only major title.

Photo Courtesy Bonhams

This particular Porcupine–nicknamed for the spiked cooling fins on its head–has been on loan for the past 20 years to the National Motorcycle Museum in England; another won First in Class at the Pebble Beach Concours d’Elegance in 2009, the first year motorcycles were ever admitted.

The last Porcupine to sell was the privateer-raced Tom Arter E95 Porcupine, which brought $258,500 in 2000. The estimate of $750,000 for this particular Porcupine is “quite reasonable,” Bonhams says, because of a significant increase in demand for historical and rare machines at the top of the market. (Word is the current owner is elderly and wants to “simplify his life” by selling the piece.)

AJS Motorcycle BadgeThe name AJS was used for cars and motorbikes made by A.J. Stevens & Co. from 1909 to 1931. Others including Norton-Villiers used it on 4-stroke motorcycles until 1969.

A 1915 Cyclone Board Track Racer holds the current motorcycle record with a 2008 sale of $520,000–the Cyclone is a rare bike made by the Joerns Motor Manufacturing Company in St. Paul, Minn., and had been owned by the famous motorcycle racer Shorty Tompkins.

Bonham’s August 18-19 sale is the first time a dedicated live auction of motorcycles will be held during Pebble Beach Car Week; 50 similar bikes will comprise the event.

 

http://blogs.forbes.com/hannahelliott/2011/05/16/this-porcupine-could-be-the-worlds-most-expensive-motorcycle/

Most Expensive Restaurant in Chicago

The Alinea Restaurant Chicago is one of the Windy City’s premier dining experiences. Only opened in 2005, this restaurant has already won numerous awards including being named in Gayot’s “Top 40 Restaurants in the United States” only three years after opening.

The interior of the restaurant is decorated and furnished in a style that brings to mind modern art. The entire setup of the restaurant is geared toward bringing the focus of the guest to the food and nothing else. The tables are oversized and are spaced far apart from one another. There are no tablecloths and all of the dishes are undersized. Waiters are dressed in solemn, formal suits.

The Alinea Restaurant is known for its unique takes on classic foods. The head chef and owner of the restaurant, Grant Achatz, constantly thinks of new methods and presentations of his unique and unorthodox dishes. Some of the more famous takes on traditional dishes include the Peanut Butter and Jelly Sandwich (made of a peeled grape surrounded by peanut butter and a thin brioche) or the chocolate desert (during which Achatz himself comes out of the kitchen and mixes coconut, menthol and hyssop into chocolate on a cloth in front of the guest).

The Alinea Restaurant Chicago has been heralded as the best restaurant in the United States, a sensation of taste unparalleled anywhere other than parts of Europe. It is not for the faint of heart. Guests do not receive a traditional meal but rather an experience in culinary delights.

Guests do not order a meal but rather decide if they want to partake from the “tasting menu” or the “tour menu.” The tasting menu at the Alinea Restaurant is $150 and the tour menu is $225. There are other options, however, the most expensive of which is $1,000.

The Alinea Restaurant is not a “good meal” but rather a dining experience that cannot be replaced. It is pricy, but it is also the premier restaurant in the United States. It is located in Chicago’s Lincoln Park area. It is open for dinner Wednesday through Sunday only, though the offices are open Monday through Friday.

The Alinea Restaurant is the premier dining experience available not only within the city of Chicago but within the United States as well. Though it is pricy, this is not an experience to be missed.

 

Source:http://opentravel.com/Chicago-United-States-Vacations-Guide/alinea-restaurant-chicago

World’s Most Expensive Stamps

Since the turn of the twentieth century, collectors have swooned over rare and unusual stamps. In fact, there’s even a field of research, called philately, devoted to the study of valuable stamps. You might ask why someone would spend so much time and/or money on a small piece of sticky paper that once graced the top corner of an envelope.The reason is that, like similarly expensive collectibles such as comic books and baseball cards, many stamps rise in value phenomenally compared to other stamps.

The late Alfred H. Caspary is one of the best examples of a person who successfully profited from stamp collecting. Almost a century ago, Caspary started collecting stamps–but not just any stamps! Caspary only purchased the most valuable ones he could find. He did this with the intention of investing for his family’s future, a goal many stamp collectors still hold. His stamp collection went on to fetch world record setting prices upon his death with his heirs reaping all of the benefits.

The Treskilling Yellow – $2.3 million or more

World's most expensive stamp

The world’s most expensive stamp was printed in Sweden in 1855 and was the result of a printing error. Instead of printing the three-skilling stamp on green stock, it was printed on yellow/orange stock paper. In 1970, the authenticity of this misprinted stamp was questioned by the Swedish Postal Museum, but it was found to be genuine. Similar printing errors have resulted in many other expensive collectibles such as misprinted coins and baseball cards.

Only one copy of the “Treskilling Yellow” postage stamp is known to exist. The most expensive stamp in the world was part of the first Swedish stamp series in the years 1855 and, in 1886, a young collector named George William Backman discovered this stamp in his grandmother’s attic.

The stamp has changed hands numerous times since then. One of the stamp’s first owners since Backman’s discovery was Philipp von Ferrary, who acquired it in 1894 as an addition to his then unequaled stamp collection.

Ferrary’s collection was auctioned in the 1920s and made its way into the hands of such notables as Baron Eric Leijonhufvud of Sweden and eventually King Carol II of Romania.

It first achieved a million US dollar price tag when it was sold in 1990. Six years later, it was sold for 2.5 million Swiss francs–around US $2.3 million.

In 2010, the stamp made headlines again with a record-breaking sale to an international consortium. While the exact figure is unknown, auctioneer David Feldman–who sold the stamp from his own collection in 1984 and oversaw this most recent sale–revealed that it at least maintained the $2.3 million price achieved in 1996.

Andi Herzog Lenticular Stamp – $8.42

Old stamps aren’t the only expensive stamps, though. While it isn’t likely that anyone will ever pay millions of dollars for a new stamp, Austrians were recently given the option of buying the most expensive stamp in print.

World's most expensive stamp in print

This revolutionary stamp isn’t any ordinary stamp, of course. It’s a lenticular stamp featuring approximately three minutes of footage of Austria’s legendary football player, Andi Herzog. The footage shows the goal that allowed Austria to compete in the World Championships in 1998. It’s even shown from three different angles.

The most expensive stamp in print is also the largest one. It measures in at 6.5 by 4.7 cm (or around 2.5 by 1.8 inches). It can be purchased for €5.45 (around $8.42).

source: http://most-expensive.net/postage-stamp

Most Expensive Coin in the World

Coin collecting is a hobby to many people who often begin collecting simply by saving noteworthy coins they have found in circulation. Old and rare coins are often more valuable than their printed amount. This may lead a curious person to ask, what is the most expensive coin in the world?

In 1933, 445,000 gold Double Eagle coins were minted. At this time, during the Great Depression, President Franklin Roosevelt took the U.S. off the gold standard. People were ordered to turn in their gold and no more gold coins were to be issued for circulation. All of the 1933 Double Eagles were ordered to be destroyed. Some of these coins escaped the melting. Two were given to the Smithsonian Institute for the U.S. National Numismatic Collection. In the 1950′s the Secret Service confiscated eight more of these 1933 Double Eagles.

World's most expensive coin

The true story may never be known as to how they left the mint, but a coin dealer sold at least nine of them and one ended up in the collection of King Farouk of Eqypt. 40 years later, the coin showed up in New York in the possession of a coin dealer. The Secret Service seized the expensive coin and a legal battle began in court. During the several years of litigation, the expensive collectible was stored in the Treasury vaults at the World Trade Center, but after the lawsuit was finally settled in 2001 the coin was moved and later auctioned off on July 30, 2002 for $6.6 million, plus a buyer’s fee of 15% for a total price for the world’s most expensive coin $7,590,020.

In 2004. ten more specimens of the gold Double Eagle coins were discovered among the effects of the coin dealer who sold the previous specimens. One of his heirs sent all ten to the U.S. Mint to be authenticated and the Secret Service seized them. They now reside in Fort Knox while a new legal battle is fought over their ownership of these copies of the most expensive coin ever sold.

 

Source:http://most-expensive.net/coin-world

World’s Most Expensive Television Show

World's Most Expensive Television Show 

HBO’s latest attempt to recapture the magic that made The Sopranos a hit may just be the most expensive television show in the world.

According to The New York Post, the pilot episode for Boardwalk Empire has set HBO back $50 million—around five times the price of Lost’s two-hour pilot episode, formerly thought to be the world’s most expensive television episode.

Boardwalk Empire fuses the period style that made AMC’s Mad Men popular with the gangster drama that propelled Sopranos to the top. It will star Steve Buscemi as politician and gangster Enoch “Nucky” Johnson, who reigned over Atlantic City in the 1920s. The series was created by Buscemi’s fellow Sopranos alum Terence Winter and is produced by none other than Martin Scorsese.

Boardwalk Empire is set to debut in late 2010 with a 12-episode seas

 

http://most-expensive.net/television-show

Most Expensive Yacht

Most Expensive Yacht
Eclipse
Price: $1.2 billion
image024 MOST EXPENSIVE THINGS IN THE WORLD YOU NEVER THOUGHT ABOUT IT

This 560-foot-long yacht has two helipads, 11 guest cabins, two swimming pools, three launch boats, an aquarium, and a minisubmarine that can dive to 50 meters below the ocean surface, according to London’s Daily Mail. The master bedroom and bridge have bulletproof glass, and the security system includes missile detection systems that warn of incoming rockets. The owner Roman Abramovich, a Russian billionaire who also owns Britain’s Chelsea Football Club, reportedly fitted the yacht with a laser system that prevents paparazzi from taking photos. It was built by Blohm + Voss in Hamburg, Germany

 

http://www.funnrock.com/funblog/2010/10/most-expensive-things-in-the-world-you-never-thought-about-it/

 

World’s Most Expensive Jeans

The popular worker’s denim trousers have become modern day fashion and status symbols. Designer jeans come in and out of popularity but in the early 2000s, expensive jeans started coming back into fashion with brands such as APO Jeans, Chip and Pepper, Paper Denim & Cloth, Seven for All Mankind, True Religion and many other brands costing $200 or more per pair.

The Guinness Book of Records listed a pair of Gucci Genius jeans featuring elaborate feathers, beads, rips and buttons as most expensive jeans off-the-rack at a cost of $3,134 and Forbes once showcased Escada’s Swarovski crystal-encrusted jeans that sold for US $10,000.

Levi Strauss Company bid $46,532 to buy a pair of their own brand of denim pants back on the popular auction site eBay. However, the most expensive old jeans were an average pair of 501 jeans manufactured in the 1880s and purchased by a Japanese collector in 2005 for $60,000.

World's Most Expensive Jeans - Trashed Denim
Trashed Denim

None of those prices, however, can even hold a candle to that commanded by Dussault Apparel’s Trashed Denim line of luxury jeans. These men’s jeans are handmade using a special process where they are washed thirteen times, with dying and painting performed between each washing to add depth to the jeans. That’s not all, though, as each pair of Trashed Denim jeans is adorned with sixteen 1-carat rubies, twenty-six .05-carat rubies, eight .05-carat diamonds and 1080 grams of 18k white or rose gold.

So how much are the most expensive jeans in the world? Try a quarter-million dollars. That’s right; Dussault Apparel’s Trashed Denim jeans are priced at $250,000. They can be purchased at the Dussault store in Los Angeles or Kustom in New York City.

http://most-expensive.net/jeans-designer

World’s Most Expensive Hat

Modeled by Alicia Witt and designed by Louis Mariette, we bring you the world’s most expensive hat.

The price tag for the world’s most expensive hat; £1.5 million or about 2,700,000.00 USD.

The hat is made entirely of platinum and diamonds, but luckily it’s not for sale, as you won’t have to worry about running into on the street.

The World’s Most Expensive Hat

Source: http://thelongestlistofthelongeststuffatthelongestdomainnameatlonglast.com/expensive202.html

Most Expensive Ipod

The most expensive iPod in the world is the iDiamond. The device was created by Thomas Heyerdahl, who is a Norwegian jeweler. The world’s most expensive MP3 player is comprised of solid eighteen karat white and pink gold and is also covered with over 430 diamonds. The earplugs are also made from the same gold that the device is made from. Heyerdahl was inspired by the Apple iPod Shuffle to make the iDiamond and he does not have any plans for making another. As he says, “It’s a special thing, just making one.”

The iDiamond was auctioned away at an elite fundraiser on Thursday, March 13, 2008, The Feast of Albion. The machine was only one part of the auction prize. The prize also included a Jaguar XJ, complete with chauffeur, and VIP tickets to see Roger Waters, member of the band Pink Floyd, perform “Dark Side of the Moon,” along with many other once-in-a-lifetime opportunities and treats. 

The iDiamond is said to be worth approximately twenty thousand pounds, which is approximately $40,500 USD.