Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

For the art collector with everything, the $1.5 million COVID mask

Published 08/12/2020, 08:13 AM
Updated 08/12/2020, 08:21 AM
© Reuters. Custom-made, diamond encrusted gold coronavirus mask, being made in Israel

MOTZA, Israel (Reuters) - Art rather than ostentation is the rationale behind the world's most expensive coronavirus mask, say the Israeli jewellers who are crafting the $1.5 million object for an unnamed U.S.-based client.

Made out of 18 carat gold and studded with 3,600 black and white diamonds, the mask will be fitted with an N99 filter to offer a high level of protection, said Isaac Levy, owner of the Yvel jewellery brand.

"I don't think (the customer is) going to use it going to the supermarket but he is going to use it here and there, I'm sure," said Levy.

He described the client as a Chinese art collector living in the United States.

"He is a young-old customer of ours, very charming, very outgoing, very wealthy and he likes to stand out," Levy said. The jeweller plans to deliver the mask personally when it is completed, in October.

The mask, which a team of around 25 artisans is working on, might be viewed a vulgar display of wealth during hard economic times, but for Levy it is above all a work of art.

"For a lot of people around the world it may be the most expensive mask in the world and maybe that's a really big thing," he said.

"For us, it's a way to protect the positions of the people in the factory in order for them to be able to support their families."

© Reuters. Custom-made, diamond encrusted gold coronavirus mask, being made in Israel

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.