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Five most expensive watches in the world
1st rank - Graff Diamonds Hallucination
Almost 10 years ago, the British company Graff Diamonds presented the Hallucination watch at the world's largest exhibition Baselworld. The watch was valued at $55 million at that time. Nobody has managed to break this price record so far. The Hallucination watch is acknowledged to be the most expensive in the world. Their case is made of platinum and gold and is set with rare diamonds of different colors: pink, blue, green, yellow, and orange. Moreover, the gems have a different shape of cut known as Heart, Marquis, Radiant, and Emerald.
2nd rank - Patek Philippe Grandmaster Chime
Swiss manufacturer Patek Philippe created the Grandmaster Chime watch for the 175th anniversary of the company, which was celebrated in 2014. At that time, the accessory whose case was made of 18-carat gold cost $31 million. This watch became not only one of the most expensive in the world but was also recognized as the most sophisticated of all that has ever been introduced in the market. Their mechanism consists of more than 1,300 parts and has 20 different functions, including a perpetual calendar, a moon phase indicator, and a minute repeater.
3rd rank - Breguet Grande Complication Marie-Antoinette
In 2004, Swiss entrepreneur Nicolas Hayek suggested that Breguet, a clock and jewelry manufacturer, create a copy of Marie-Antoinette’s legendary watch designed by order of the French queen in the first half of the 19th century. Designers at Breguet took four years to implement this idea. The Grande Complication Marie-Antoinette was rolled out in 2008 with a price tag of $30 million. The accessory was made of 18-carat gold and engineered with several complicated functions, including a minute repeater and a perpetual calendar.
4th rank - Jacob & Co Billionaire Timeless Treasure
In early 2023, American jewelry and watch company Jacob & Co. presented the Billionaire Timeless Treasure watch worth $20 million. The high price of this item is due to the fact that very rare yellow diamonds were used in its design. Gems for watches were selected for more than three years. As a result, the gold case of the accessory was adorned with 425 diamonds of the perfect color and cut, as well as 76 tsavorites, rare green garnets.
5th rank - Paul Newman Cosmograph Daytona
Swiss company Rolex manufactured the Cosmograph Daytona chronograph back in the 1960s. Soon, this model gained immense popularity thanks to American actor Paul Newman who began to wear the watch off the screen and set the fashion for this accessory. The company had no choice but to support this trend and named the watch after the Hollywood legend. In 2017, a copy that belonged to Paul Newman was sold at auction for a record $18 million.