Louis Vuitton continues to develop its iconic “Tambour” design with the addition of this new ultra high-end model, the Tambour Minute Repeater.

The timepiece comes in a 44mm white/pink/yellow gold case (your choice), manual wind mechanical Louis Vuitton Caliber 178, and smoked sapphire crystal displays.

To catch up with the hottest fashion trend, the Louis Vuitton watch is endowed with a smoked skeletonized dial.

Maximilian Busser and Friends (MB&F), an independent watchmaker known for its extreme designs, has taken the wraps off its new Legacy Machine 1 watch.

Jean-Francois Mojon developed the design of the model’s movement, while Kari Voutilainen took care of its impeccable finishing.

The Legacy Machine No 1 is based on the idea of what if MB&F designed a watch not in 2011, but 1911. The end result is a watch that is traditional in shape.

Beating inside the new MB&F watch is a hand-wound three-dimensional movement. It supplies a 45-hour power reserve.

The Mikrotimer Flying 1000 Concept is the latest TAG Heuer first: the only mechanical chronograph to measure and display the 1/1,000th of a second.

Its oscillating system vibrates at 3,600,000 beats per hour, 125 times faster most existing chronographs and 300 times faster than a human blink.

As you can see in the video embedded below, when operating as a stopwatch the sweep hand is moving so fast you can barely see it in motion.

The fourth edition with the biennial Only Watch charity auction, held Friday in the Hotel Hermitage in Monaco, raised more than €4.5 million ($6 million).

Exclusive timepieces by famous and less famous watch manufacturers are being auctioned off for the benefit of researching Duchenne Muscular Dystrophy.

Complete sale results and a reminder of the models are available after the jump.

Only Watch 2011 is just around the corner and here is the video featuring all 40 watches to be auctioned at Only Watch.

For this fourth edition of the world renowned charity watch auction, the world’s most prestigious watchmakers have each created a unique timepiece.

The unique timepieces will be sold by auction house Antiquorum on September 23rd in the Principality of Monaco

VIP guests from around the world came together in Monaco on September 8th to celebrate the launch of the Montblanc “Collection Princesse Grace de Monaco”.

Montblanc pays tribute to Her Serene Highness Princess Grace of Monaco and her artistic legacy with their new collection.

The Montblanc “Collection Princesse Grace de Monaco” is consisting of three one-of-a-kind fine jewellery sets, timepieces and writing instruments.