True to their name, the limited-edition Ralph Lauren Modern Art Deco watches (www.ralphlaurenwatches.com) look as though they were crafted in the 1920s. They are discreetly sized, geometrically shaped, set with diamonds, adorned with a satin strap, and accented with either white ceramic, red coral-based stone, or green agate. Their most modern element is a thin Piaget 430 movement. The company is offering only three examples of each of the three versions of the watch. They are priced from $49,600 to $51,000 and are available in select Ralph Lauren boutiques in New York, Paris, and Hong Kong.