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Top 10 Most Expensive Watches in the World in 2023

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Some of the most famous pieces of technology are luxury watches. The mixture of the best tradition and architecture will lead to millions of price tags. Several watches ranging from a 55 million dollar colourful diamond handset to a watch commissioned to the French Queen Marie Antoinette in the 1700s are there. Here you can continue to read the top 10 most expensive watches and why they are so expensive.

Which are the most costliest watches in the world?

10. Vacheron Constantin 57260 – $8 Million

Launched In:2015
Cost:$18 Million
Attractions:White Metal Dial, seven perpetual Calendar functions
Vacheron Constantin 57260

The Vacheron Constantin 57260 is the most complex timepiece in the world. This 957-gram pocket watch has been hand-made by three watchmakers in-house for eight years, packed with 57 complexities and a total of 2826 parts. It’s of white metal with several calendars and a double backwards split-second Chronograph. Four of its admirable features are six-time calculation, seven perpetual Calendar functions, seven alarms, and eight Hebrew calendars. The watch has many complexities and features but is still legible which many watchmakers and enthusiasts pay much more respect.

9. Patek Philippe Ref. 1518 Stainless Steel – $11 Million

Launched In:1941
Cost:$11 Million
Attractions:Bracelet of stainless Steel, Arabic Signs, Tachymeter, moon phases dial

Ref. 1518 is one of the most wanted clocks sold for $11 million at an auction in Geneva in 2016. Inaugurated in 1943, this 35mm watch is a rare, highly desirable, and perpetual chronograph bracelet of stainless steel. Applied Arabic signs, tachymeters, and moon phases are some of the main features. A total of 281 pieces were made out of Patek Philippe Ref. 1518, but only four were made from stainless steel. One has been auctioned, the remaining three belonging to private collections.

8. Paul Newman Rolex Daytona – $17.7m

Launched In:1963
Cost:$17.7 Million
Attractions:Art Deco-Style, Black and Creamy Dial

Paul Newman Rolex Daytona has a rich and interesting past. At an auction in 2017, Rolex Daytona (6239), as owned by Paul Newman, was sold at $17.7 million to an unknown bidder. The message “Drive me carefully” pops as Paul Newman was ardent about racing. It has an Art Deco-style, black and creamy dial. Daytona is one of the most common reloads for the brand and is estimated to have around 2,000 to 3,000 watches, but it is rare. This watch is said to have been a gift in 1968 by actress Jeanne Woodward to her husband and late actor Paul Newman. Often he was seen wearing the watch, but in 1984 he gave it to James Cox, his daughter Nell’s former boyfriend.

7. Jacob & Co. Billionaire Watch – $18 million

Launched In:2015
Cost:$18 Million
Attractions:260 diamonds, white gold, diamond dial

Jacob & Co. Billionaire watch includes 260 carats of emerald-cut diamonds on white gold. The 47.5mm width and 58mm weight of this watch are made of white rectangular gold outlet and hour markers made of diamonds. This watch was acquired at the price of $18 million in 2018 by champion Floyd Mayweather. It was created by the diamond designer Jacob Arabo who was the owner of the Jacob & Co jewellery and wristwatch company, founded in 1986. It has its headquarter and shops in New York City, plus boutiques in London, Qatar, United Arab Emirates, and Italy.

6. Patek Philippe Supercomplication – $24 million

Launched In:1933
Cost:$24 Million
Attractions:18-carat gold, minute repeaters, moon phases on dial, moon day, weekdays, start chart

This Patek Philippe pocket watch is named after Henry Graves Jr., the American banker. Graves directed Patek Philippe to build this watch. For over 50 years, this 18-carat gold watch has had 24 complexities and 920 individual parts. It’s also the brand’s first-minute repeating wristwatch. Its characteristics include minute repeaters, major sonnets, chronographs for split seconds, permanent clock, moon phases, star charts, and alarms. It was completed in eight years and was shipped to Graves for around $ 15,000 in 1933. The watch was sold for 24 million dollars in 2014 at an auction and become the most expensive watch sold at the time of an auction.

5. Patek Philippe Grandmaster Chime ref. 6300 – $31 million

Launched In:2014
Cost:$31 million
Attractions:A white, golden, covered clock bracelet with sapphire and 577 diamonds

This is the most intricate watch ever made by the manufacturer. The Grandmaster Chime has 20 complications, a removable case, and two different dials created for 100,000 hours. It features a minute, date repeater, time struck alert, an instantaneous perpetual calendar, and a four-digit year display with a spring loop. The watch has two dials, one on the front of the watch and one on the back, with 20 features. It consists of 1366 parts and is operated by calibre 300 motions. Many of the world’s most expensive watches are made by Patek Philippe. The Patek Philippe Grandmaster Chime is at the top of its list. According to Esquire, the auction took about 5 minutes to bid for this watch, and it was sold for 31 million dollars in total.

4. Jaeger-LeCoultre Joaillerie 101 Manchette – $26 million

Launched In:1929
Cost:$26 million
Attractions:A white, golden, 577 diamonds, covered clock bracelet with sapphire

A white gold bracelet with a thin, hand-wound, sapphire glass-covered clock and 577 pieces of the diamond are embedded on this watch. It has an approximate worth of 26 million dollars. In tribute to Queen Elizabeth Coronation 60 years ago, Jaeger-LeCoultre gifted Queen Elizabeth this Watch in 2012 (according to this Luxuo article, the original watch was given to the Queen by the French President in 1952). It kept the record of making the smallest movement in the world up to 2010. Watches with this movement are very small in production, with just 50 manufactured per year.

3. Breguet No. 160 Grande Complication Marie-Antoinette – $30 million

Launched In:1827
Cost:$30 million
Attractions:A chronological, thermometer, minute replay, and chime

The Breguet No. 160 Grand Complication watch is inspired by the French Queen’s pocket watch, Marie Antoinette (she is known to be an admirer of Breguet watches). It has been said that Marie Antoinette’s secret admirer commissioned the original clock to Breguet in 1783, and it was not completed until three decades after her death (in 1827, Breguet’s son continued the watch four years after the death of Breguet). A minute replay, chronological, thermometer, and chime are some of this pocket watch’s main features. The original watch was completed in 1827, sold in 1887, stolen in 1983 before being restored in 1987. In 2005, Swatch president Nicolas Hayek demanded a replica of the watch from Breguet. In three years, this production was accomplished, and it had a case made of the favorite tree of Marie-Antoinette.

2. Graff Diamonds The Fascination – $40 Million

Launched In:2014
Cost:$40 million
Attractions:110 fancy-cut 38,13-carat pear-shaped diamonds in the middle, 152,86 carats of Graff’s finest white diamonds

Graff is the world’s second most expensive watch. Graff released this watch in Baselworld 2015 (about a year after the Hallucination was launched). The watch has a pear-shaped diamond of 38.13 carats on the dial and a fine white diamond of 152.96 carats, and it was dubbed the “most expensive transformable watch in the world.”The interchangeable feature is another thing that makes this watch special. The diamond is embedded in two ways: a bracelet or a ring centrepiece. Forbes report stated that this piece reveals the company’s strong relations between its diamond house in London and the Swiss workshop.

1. Graff Diamonds Hallucination – $55 Million

Launched In:2014
Cost:$55 million
Attractions:110 carats and multi-coloured diamonds, quartz mechanism

Graff Diamonds Hallucination Watch costs 55 million dollars and is the most precious watch in the world. This watch, operated by a quartz mechanism, has big, rare, and colourful diamonds with 110 carats in total. The watch comprises many precious diamonds embedded by the finest gemologists in Fancy Bright Purple, Fancy Intense Blue, Fancy Soft Pink colours. A closer look reveals that these diamonds are shaped like a heart and pear, Graff Diamond Chairman Laurence Graff came up with the concept of making this watch. He cited the article as saying it “as a masterpiece of sculpture.”

Although smartwatches haven’t hit luxury watches’ prices and probably won’t ever, so, you can also check our list of top smartwatches that have been here, check them out too.

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