Italian designers are known to turn a work of art easily into gold, and are always creating amazing designs. Here we have a small economy car changed into a luxurious vehicle. Italy’s Studio M has come out with a modified Fiat version, the 500 Pepita, a small car with a beautiful 24k gold coat. The Fiat 500 Pepita also features a decorated dashboard, Swarovski crystals embedded gearshift, hand brake and pedals and cashmere floor mats. To make it even better the Fiat 500 Pepita also sports gold painted alloy wheels. Italy’s Studio M gives you a choice of crocodile, snake, shark, skate or lizard lather to cover the seats.

Many people cherish the time away from home and with today’s technology it is easier than ever to get away. Having a good time when traveling is not about where you are but the amenities provided. Knowing the best options can make a vacation a truly relaxing time.

The Travel & Leisure Design Awards 2008 showcase the best of the best in 15 categories covering the best hotel to the best restaurant to the best travel item.

Tiffany & Co. and Softbank have created a blingin mobile phone that features 400 diamonds, which totals to about 20 carats. It is said to be available
in Febuary and will sell for an amazing $94,000. It costs about $94K.

Can’t think of anything to buy your significant other for Valentines Day? Then go get her this because she will love you for it. This sophisicated luxury watch from Hublot features a red and gold rim which is set with 114 round diamonds weighing approximately 1.22k or 48 baguette-diamonds weighing 2.28k. The stunning watch face is covered with sapphire crystal and 6 H-shaped titanium screws sparkle on the side. The watch also has standard Arabic hour markers and a Caliber 2894 chronograph.

Here we have an ultra luxury cradle for your little princess. The crib doesn’t even include diamonds or gold but has a nice rear changing table. The $14,899 price tag is crazy but it does look beautiful.

Via Bornrich

If you are looking for a luxury Chair this is the one to buy. Lussedia has just introduced their latest piece of furniture by Dutch designer Gianni Orsini. The luxury recliner is custom-made, and features leather, silk, and 24-carat gold. This beauty was showcased at the Millionaire Fair held in Amsterdam last December. Price is unknown because for now it is a concept.

This beautiful DLP display with OLED illumination from Alienware is a look at the future of gaming displays. The 2880×900 display is three feet wide, lit by LEDs, and delivers an excellent .02ms response time, great for avid gamers. The final product is expected to be available to consumers in the second half of 2008. Pricing is unkown at the moment.

This expensive mobile phone is limited to only 3 units worldwide. The GoldVish Le Million phone is supposedly the world’s most expensive cellphone, priced at a huge one million Euros. Euroset, one of largest mobile handset retailers in Russia, has created this precious and is selling it in Russia. GoldVish Switzerland phones are made of 18 carat gold and encrusted in the finest diamonds.

Here we have a toilet truly fit for a king. Jemal Wright of Hollywood, Florida is the designer. The beauty is fully encrusted with swarvoski crystals. The designer has also made a matching sink encrusted with swarvoski crystals as well, the artist is also planning to complete an ice-encrusted double slipper tub by spring of 2008. The swarvoski crystal toilet will cost you $75,000.

Expensive speakers have just gotten better. These $180,000 MBL X-treme speakers will make listening to music a more enjoyable experience. The MBL 101X uses MBL’s unique omni-directional drivers from the 101E, one suspended and inverted above the other, mounted on a massive platform made from carbon fiber, aluminum, steel, acrylic, and wood.  Mind blowing bass is provided by a separate, which has a height of feet and houses four 12” subwoofers. The speakers have been specially designed to send sound in all directions making more natural sound replication. The 101X system will be officially launched at CES.