A spectacular ruby and diamond ring made by Chaumet happened to fetch a whopping 6.2 million francs ($6.6 million), well beyond the estimate of 2.8 – 4.6 million francs, a price which was a record for ruby sold at an auction. The cushion shaped red stone of this most expensive ruby ring weighed in at 32.08 carats.

The Andy Warhol classic painting “Double Elvis (Ferus Type)” sold Wednesday at Sotheby’s in New York for more than $37 million, the auction house said.

With commission, the sale price of $33 million totaled $37,042,500, short of the $50 million that Sotheby’s had predicted it might fetch. The piece (silkscreen ink and spray paint on canvas) shows Elvis Presley in a gunslinger pose.

First exhibited in 1963 at the Ferus Gallery in Los Angeles, the work “epitomizes the artist’s obsessions with fame, stardom, and the public image,” Sotheby’s said in a release. “Warhol’s signature style, coupled with the instantly recognizable faces of his subjects, creates a blurred boundary between artist and sitter.”

Warhol made 22 versions of the “Double Elvis,” nine of which are held in museums.

Property rates in Britain might be facing a plunge these days. That hasn’t stopped this garage from sporting a price tag of a whopping £525,000 ($850,000) however! Nestled in a backstreet called the Rysbrack Street near Harrods, this non-descript garage sports a blackened shutter and aging bricks. Measuring 6.4 meters wide and just 4.75 meters deep, the garage costs this exorbitant sum simply because a freehold garage in Knightsbridge doesn’t show up for sale too often these days, and when it does, it comes with a price tag worth enough to buy three average sized homes in Britain!

As for the overall property market, prices in Britain have dropped sharply by 0.6% to an average of £160,372 though exceptional properties as such tend to stick to their former price tags.