Israeli jeweler makes $1.5m gold coronavirus mask

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Parts of a mask is displayed in Yvel company in Motza near Jerusalem, Aug. 9, 2020. (AP)
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Isaac Levy speaks during an interview with the Associated Press in Motza near Jerusalem, Aug. 9, 2020. (AP)
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Updated 11 August 2020

Israeli jeweler makes $1.5m gold coronavirus mask

  • The 18-karat white gold mask will be decorated with 3,600 white and black diamonds
  • The Israeli company says it will be the world’s most expensive coronavirus mask

MOTZA: An Israeli jewelry company is working on what it says will be the world’s most expensive coronavirus mask, a gold, diamond-encrusted face covering with a price tag of $1.5 million.

The 18-karat white gold mask will be decorated with 3,600 white and black diamonds and fitted with top-rated N99 filters at the request of the buyer, said designer Isaac Levy.

Levy, owner of the Yvel company, said the buyer had two other demands: that it be completed by the end of the year, and that it would be the priciest in the world. That last condition, he said, “was the easiest to fulfill.”

He declined to identify the buyer, but said he was a Chinese businessman living in the United States.

The glitzed-up face mask may lend some pizzazz to the protective gear now mandatory in public spaces in many countries. But at 270 grams (over half a pound) — nearly 100 times that of a typical surgical mask — it is not likely to be a practical accessory to wear.

n an interview at his factory near Jerusalem, Levy showed off several pieces of the mask, covered in diamonds. One gold plate had a hole for the filter.

“Money maybe doesn’t buy everything, but if it can buy a very expensive COVID-19 mask and the guy wants to wear it and walk around and get the attention, he should be happy with that,” Levy said.

Such an ostentatious mask might also rub some the wrong way at a time when millions of people around the world are out of work or suffering economically. Levy said that while he would not wear it himself, he was thankful for the opportunity.

“I am happy that this mask gave us enough work for our employees to be able to provide their jobs in very challenging times like these times right now,” he said.


TWITTER POLL: More than three-quarters say no to failing Turkish lira

Updated 22 September 2020

TWITTER POLL: More than three-quarters say no to failing Turkish lira

  • Lira has lost half its value since 2017
  • Poll finds more than 80% would not invest in falling currency

DUBAI: The Turkish lira has plummeted 22 percent this year, but an Arab News Twitter poll found that most people still don’t have the confidence to invest in the tumbling currency.

About 18 percent of the 1,438 respondents said that a weak lira was worth investing in, while nearly 82 percent said the risk was too great.

Traders will buy currency when it is weak, but tend to only do so if there is confidence that it will eventually climb back up in value – thus making a profit.

The lira – already impacted by the coronavirus and President Recep Erdogan’s authoritarian style of leadership – has suffered increased problems as he printed more money to bolster spending, but instead his plan led to a further devaluation.

Turkey and Erdogan are facing widespread condemnation for their foreign policy, which has seen the country intrude into Greek-claimed waters and interference in Libya and Syria.

There is also growing concern of civil unrest inside the country.

On Monday the currency reached record lows, touching 7.6 against the US dollar – it has lost half its value since the end of 2017.