Only a year or two ago, a countdown of the world’s 10 most expensive handbags would have led off with the likes of Judith Leiber’s Precious Rose minaudière ($92,000), which took the word “precious” lit...
The most expensive watch in the world 2020March 9, 2020 - Watch Articles
What are the most expensive watches in the world?
- The Graff Diamonds Hallucination
- The Graff Diamonds’ Fascination
- The Breguet 1160
- Jaeger-LeCoultre Joaillerie 101 Manchette
- Chopard 210 Carat Watch
- Patek Philippe Supercomplication
- Jacob & Co. Billionaire Watch
- Paul Newman’s Rolex Daytona
- Patek Philippe 1518
- Vacheron Constantin 57260
The Most Expensive watch in the world: The Graff Diamonds Hallucination
Number 1: The Graff Diamonds Hallucination
Price: $55 million
Year Created: 2014
Priced at $55 million, this diamond-decked Graff masterpiece is said to be the most expensive watch in the world. It is made up of a total of 110 carats of colored diamonds, including pink, blue, green, orange, and yellow. Natural fancy colored diamonds are incredibly rare and valuable—usually more so than white diamonds—and its unique combination of so many different colors creates a striking rainbow effect. While baguette and round brilliant-cut diamonds are typically favored for diamond watches, Graff opted for a mix of heart, pear, emerald, marquise, and round diamonds. A truly distinctive and inimitable watch, the Hallucination is a one-of-a-kind work of art.
The watch has a tiny dial allowing the diamonds to take prominence. A simple clasp is hidden once the bracelet is closed and only opens when pressure is applied on a specific diamond. Part of the magic of this ladies’ watch is that its ingenious, “invisible” platinum gem setting creates the impression that the diamonds are held together by magic. It took gemologists, designers, and a team of craftsmen thousands of hours to create this showstopping watch.
The Hallucination was created by Laurence Graff, an English jeweler, who was born in 1938 and began his career with a teenage apprenticeship in Hatton Garden, before founding his own firm in the early 1960s. The brand now boasts over 50 stores throughout the world. Graff has been credited with elevating the status of yellow diamonds from a cheap alternative to white diamonds to a valuable stone. His customers have included Oprah, Donald Trump, and Elizabeth Taylor. Awarded an OBE by Queen Elizabeth in 2013, Graff has played a pivotal role in shaping the UK jewelry industry. Looking to create something truly exceptional that showcased his love of diamonds, Graff began work on the Hallucination.
The Other most expensive watches in world
Number 2: The Graff Diamonds’ Fascination
Price: $40 million
Date created: 2015
Most jewelers would have stopped with The Hallucination. Not Graff. In 2015, he created The Fascination, a watch that incorporates 152.96 carats of colorless diamonds—including a 38.13 D flawless pear-shaped diamond in the center that doubles as either watch dial or (detachable) ring.
Number 3: The Breguet 1160
Price: $30 million
Date created: 2008
By legend, the original 1160 pocket watch was commissioned in 1783 for Marie Antoinette, who collected Breguet timepieces. Unfortunately, the French Revolution interfered and France’s queen was never able to take ownership of her timepiece (which, in any case, was not completed until 1827—34 years after she went to the guillotine). In 2004, Swatch Group founder Nicolas Hayek ordered the masterpiece to be reproduced from the drawings in the Breguet archives and the resulting watch was completed in 2008.
Number 4: Jaeger-LeCoultre Joaillerie 101 Manchette
Price: $26 million
Date created: 2012
Presented to Queen Elizabeth II on the occasion of her Diamond Jubilee, celebrating 60 years on the throne, this bracelet watch incorporates 576 diamonds, a gray sapphire dial, and some of the smallest watch movements ever made.
Number 5: Chopard 210 Carat Watch
Price: $26 million
Date created: 2014
Essentially a diamond bracelet with a watch attached, this Chopard beauty incorporates three heart-shaped diamonds: a 15-carat pink, a 12-carat blue, and an 11-carat white—plus another 163 carats of white and canary diamonds.
Number 6: Patek Philippe Supercomplication
Price: $24 million
Date created: 1933
In 1925, American Henry Graves Jr. decided to commission the world’s “most complicated timepiece” from Patek Philippe. Money was no object. The resulting pocket watch, which was not finished until 1932, had 24 complications would pass into legend—fetching $24 million when it came up for auction in Switzerland in 2014.
Number 7: Jacob & Co. Billionaire Watch
Price: $18 million
Date created: 2018
A quartz watch with a 260-carat, blinged-out bracelet of emerald-cut diamonds (including a few of 3 carats each), this Jacob & Co. creation was purchased from Takashi Fukushima by boxer Floyd Mayweather, who also owns a closet full of Hermès Birkin bags and a Rolls Royce Phantom.
Number 8: Paul Newman’s Rolex Daytona
Price: $17.75 million
Date created: 1960s
Proving that provenance matters as much as brand name, actor/race car driver Paul Newman’s Rolex Daytona, a gift from his wife Joanne Woodward in the 1960s, fetched over $17.75 million when it came up for auction in 2017.
Number 9: Patek Philippe 1518
Price: $11.1 million
Date created: 1941
Part of a four-piece limited edition made by Patek Philippe, this watch was once owned by King Farouk and fetched $11.1 million when it came up for auction in 2016. Made of steel (as opposed to the usual pink or yellow gold), this chronograph features 20 complications, including a perpetual calendar. Today, contemporary versions sell for prices that start around $300,000.
Number 10: Vacheron Constantin 57260
Price: $8 million
Date created: 2015
Finishing our list, the 10th most expensive watch in the world is the Vacheron Constantin 57260. A pocket watch with 57 complications (many unique to this model), including multiple calendars and a double retrograde split-second chronograph, the 57260 claims to be the most complicated watch ever made.
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