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A watch is not just an accessory that helps you keep track of time and promote punctuality; it is a fashion statement, as well. It lets others know of your social standing and, in certain situations, your financial status. One flash of a luxury watch and you can already tell that the guy is well established and successful. But what makes a watch so expensive? Before you even begin to feel guilty about handing over that ridiculous wad of cash, remember that you’re paying for 3 things: quality, craftsmanship, and exclusivity. Every luxury watch is built to stand the test of time; long hours of good, honest workmanship went into the crafting of each one. It is the combination of these two traits that lead to the third – exclusivity. Crafting each watch takes so much effort that production is limited and stocks are distributed only to those who can really, really, afford them.
So, without further ado, here are 9 of the most expensive men’s watches in the world.
9. Louis Moinet Meteoris Collection @ US$4.6 Million
Considering the name, it should come as no surprise that this collection of four watches contains fragments of real meteors that have fallen to earth from Mars, Mercury, and the Moon. The Meteoris Collection is sold as a set. For a fraction of the price of an excursion into space, the owner of this collection could wear the solar system on his wrist.
8. Hublot Big Bang @ US$5 Million
The Hublot Big Bang flaunts not 10, not 20, but a whopping 1,282 diamonds in total, weighing a minimum of 3 carats each! That’s not all that makes this watch so valuable and unique; there is also the one-of-a-kind craftsmanship. Each one of the stones set into it was cut by only one New York jeweler, who has more than forty years’ experience in his field, to ensure the quality and consistency of the cuts.
7. Patek Philippe Ref. 1518 in Stainless Steel @ US$11 Million
The wristwatch is one of the four-piece series of the Patek Philippe 1518 watches. This one in particular was the first in its time to feature a perpetual calendar and a chronograph, thus breaking boundaries and making history with its advanced technologies. The watch was sold at US$11 million at a Phillips auction in Geneva in November 2016.
6. Paul Newman Rolex Daytona @ US$17.8 Million
What makes this Rolex Daytona so unique? It was gifted to Paul Newman by his wife Joanne Woodward. Moreover, the words “Drive Carefully” are engraved on the timepiece itself, a reference to Newman’s deep passion for racing. Does this sentiment make the watch worth its price tag? The most fervent watch collectors would say, “Whatever it takes.” The piece sold for US$17,752,500.00 in a Phillips auction which took place in New York, 2017.
5. Jacob & Co. Billionaire Watch @ US$18 Million
To quote the company itself, “The Billionaire truly epitomizes the brand’s passion for breaking boundaries. As the tourbillon caliber brings dynamism to its bejeweled enclosure, or the ballet of light of 260 carats of diamonds illuminates its exquisitely revealed heartbeat. The Billionaire is a dazzling representation of the courageous and rebellious Jacob & Co. spirit.”
4. Patek Philippe Henry Graves Supercomplication @ US$24 Million
With 24 complications and features such as a minute repeater with Westminster Chimes, a perpetual calendar and more, it is easy to see why it was named “Supercomplication.” This pocket watch was created for Henry Graves, Jr. and is valued at US$24 million. Its most eye-catching feature is a celestial chart that is beautifully placed at the watch face’s centre, further increasing the timepiece’s overall aesthetics and elegance.
3. Patek Philippe Grandmaster Chime Ref. 6300A-010 @ US$31 Million
Grandmaster Chime was sold at US$31 million in the recently concluded Christie’s Only Watch charity auction, dethroning the former from its title as the most expensive wristwatch ever sold at an auction. The wristwatch was built in celebration of Patek Philippe’s 175th anniversary in 2014. It is the only one of its kind that was crafted with stainless steel. It also has 20 complications for maximum usability features, with the most unique one being the reversible front and back dials.
2. Breguet Grande Complication Marie-Antoinette @ US$32 Million
This exquisite pocket watch is filled with as many stories as there are zeroes in its price tag. Craftsmanship of it began in 1782. Commissioned by a mysterious lover of the French queen Marie-Antoinette; it took over forty years to finish. The watch was stolen from a Jerusalem museum in the late 1900s and was only seen again in 2007. The timepiece now resides at the L.A. Mayer Museum for Islamic Art. The aesthetics are minimal yet classical, with a signature French royal vibe – only the best for the rightful owner.
1. Graff Diamonds Hallucination @ US$55 Million
The Graff Diamonds Hallucination wristwatch is by far the most colorful of its competitors – but does it even have any? First presented at Baselworld in 2014 with a price tag of US$55 million, it remains the world’s most expensive – and possibly most vibrant and colorful – wristwatch of all time. It was rumored that Mr. Graff himself invested a great deal of time and effort in search of the rarest gems that encrust this luxury timepiece. And, no, the diamonds are not a hallucination; in fact, there are 110 of them in total!