This one-of-a-kind Hourglass by Marc Newson will be auctioned off at Only Watch 2011 in Monaco tonight.

Technically, there are no difference between this and the traditional hourglass from Basel 2010 , but the red tinted glass is absolutely beautiful.

Needless to say, the Ikepod Hourglass is one of those items that would be such a thrill to be able to display on one’s desk, coffee table etc.

Australian designer Marc Newson has designed a speed boat in collaboration with Officina Italiana Design for Italian boat brand Riva.

Newson’s design for the Aquariva vessel is unique in its conception, as well as the materials chosen.

A wood-like, textile-based laminate (phenolic composite) was used for the deck area and instrument panel.

This material was developed in the first half of the 20th century, and was a precursor to fibreglass.

The Jaeager-LeCoultre Atmos 566 clock by Australian designer Marc Newson is a fantastic timepiece that gives an entirely new dimension to time telling.

The Atmos 566 is housed in a Baccarat crystal bubble (shown below in a stunning blue) which surrounds JLC’s new movement, the 566 calibre.

The movement features hour, minute, and month functions as well as equation of time and a sky chart displaying the night sky which is detailed with cardinal points and astrological signs.

First image of The Hourglass designed by Marc Newson for Ikepod. The “sand” is composed of carbon or nickel plated nanoballs.

An aluminum “Lockheed Lounge” chair by Marc Newson, once used in a Madonna video, sold today in London for 1.1 million pounds ($1.6 million), an auction record for a piece of contemporary design art.

The Lockheed Lounge reminiscent of some thing the aero space industry may have produced is a well rounded metal structure that takes on a new look from all angles.