I want one!!!

"BEIJING, Oct. 31) -- Swiss watchmaker Omega on Tuesday presented a pocket watch of the limited edition 1932 to the Beijing Municipality.

At a press conference in the Beijing Capital Museum, Kong Fanzhi, director of the Beijing Cultural Relics Protection Bureau received the watch from Stephen Urquhart, president of Omega.

The Omega company supplied 30 pocket chronographs for use at the 1932 Olympic Games in Los Angeles. Since then it has served as official timekeeper at 22 Olympic Games. To commemorate the achievement, Omega created 300 pieces of the Limited Edition Pocket Watch 1932.

The gold watch presented to Beijing is intentionally numbered 88, representing the opening date of the Beijing Olympic Games -- 8 August, 2008. It also bears an inscription of the Games' Emblem. The Capital Museum is expected to keep the watch for permanent collection.

Wang Wei, executive vice president and secretary-general of the Beijing Organizing Committee of the Games of the XXIX Olympiad (BOCOG) attended the press conference.

He said Omega, a Worldwide Olympic Partner, has plaid an enormous role in the process of the Olympic Movement and it is now actively involved in the preparation for the 2008 Olympic Games. The pocket watch, he said, demonstrates good and lasting cooperation between the Beijing Municipality and Omega, as well as their best wishes for the 2008 Games."

Too bad the watched labelled 88 is not for sale. I believe that it will be extremely hot and worth more than $100,000!