Sporting a watch around the wrist has become second nature for people who appreciate the convenience of being able to tell the time by simply looking down to see what it is.
Like all apparel and accessories, there are watches that are made and priced with a lower budget in mind as well as some of the most expensive watches money can buy. Among the buyers who can and are willing to afford luxury watches, some of them are willing to fork out top dollar for that prized wristwatch.
In 2022, there are twenty of really expensive watches that even outprice fine family homes on the real estate market. According to sources such as Read Nigeria Network and Nubia Magazine, some of the most expensive watches fetch for at least eight million dollars. Some of them are from auctions that witness buyers paying far more than the original prices.
20. Lange & Sohne Grand Complication - $2.5 Million
The 2013 Lange & Sohne Grand Complication wristwatch takes just over a year to make. With 875 intricate moving parts housed in a gold case, this watch measures fifty millimeters in diameter and at twenty millimeters thick.
Furthermore, the moon phase perpetual calendar, grande and petite Sonnerie with minute repeater, and split-second chronograph size up all the features that make this watch worth the $2.5 million USD.
19. Franck Muller Aeternitas Mega 4 - $2.7 Million
With 1,483 components, the Franck Muller Aeternitas Mega 4 watch justifies its $2.7 million USD price tag as one of the most complicated watches on the market. Additionally, the amount of components involved is a world record.
It also has an eternally renewable calendar that doesn't need to be adjusted for one thousand years.
This was a watch designed by watchmaker Pierre-Michel Golay. According to Robb Report, it was he who built a perpetual calendar grande Sonnerie for Gerald Genta in the early 1970s. He used that method to design the Aeternitas Mega 4.
18. Patek Philippe 1928 Single Button Chronograph - $3.6 Million
Fans of Eric Clapton will know how he loves a good watch. Furthermore, as a previous owner of the Patek Philippe 1928 Single Button Chronograph timepiece, he sported this eighteen-carat white gold around his wrist.
It also featured the twenty-eight different jewels, along with a one-of-a-kind dial that could also tell the current moon phase. These watches began its production run in 1924 with the level of quality craftsmanship Patek Philippe has become so famous for.
17. Patek Philippe 5004T - $3.9 Million
The 5004T watch from Patek Philippe is specifically the Only Watch 2013 charity auction in Monaco. It's a sportier version than the discontinued 5004 series as it uses a titanium body and contrast stitching.
There were over thirty watches that were placed on the auction block where the proceeds went to the Duchenne Muscular Dystrophy medical charity. According to Forbes, the Only Watch auction has become a novel event.
16. Rolex Daytona Ref. 6263 Oyster Albino - $4 Million
With only four Rolex Daytona Ref. 6264 Oyster Albino watches ever made, asking $4 million USD per unit seems justifiable. The watch gets its name from the distinctive white hue on the chronograph subdials.
The stainless steel case and bracelet justify why Rolex has earned its place as one of the world's most expensive watches. However, it also has a caliber 727. Once upon a time, this watch was owned by Eric Clapton one of its four owners.
15. Breguet Antique Number 2667 - $4.5 Million
The Breguet Antique Number 2667 is a pocket watch valued at $4.5 million USD. This eighteen-carat yellow gold watch features two oscillating bodies that are mounted on an elegant dial. When luxury meets sophistication, forking out top dollar for it is no big deal for the buyer who is able to afford it.
14. Louis Moinet Meteoris - $4.6 Million
As one of the rarest watches available with just four left, the Louis Moinet Meteoris watch now fetches a hefty $4.6 million USD just to get your hands on one. However, each watch features a piece of moon rock, along with enough top-notch mechanics and expensive materials that justify the price tag.
13. Hublot Big Bang Diamond - $5 Million
When Jay-Z turned forty-three years old, his wife, Beyonce, gifted him with a Hublot Big Bang Diamond watch that was valued at $5 million USD. Loaded with bling, this watch is featured with 1,280 hand-cut three-carat diamonds.
12. Patek Philippe Calibre 89 - $5.5 Million
The Patek Philippe Calibre 89 watch is a pocket watch born in 1989 as a commemorative timepiece. It celebrated the 150th anniversary of the company as the most complicated watch in the world at the time. However, its weight is 1.1 kilograms and has 1,728 components, as well as thirty-three complications and twenty-four hands. The current value of this watch is $5.5 million USD.
11. Patek Philippe Ref. 1527 - $5.7 Million
The Patek Philippe Ref. 1527 watch is $5.7 million USD. It may appear like an ordinary luxury watch on the outside, but this is a timepiece with more than twenty different precious stones. It is made with twenty carats of rose gold.
Furthermore, any luxury watch from Patek Philippe already commands a high price. Fortunately, then it also happens to be rare and was used as a source of inspiration for several other models, this makes it even more valuable.
10. Vacheron Constantin 57260 - $8 Million
At $8 million USD, the Vacheron Constantin 57260 the world's most complicated timepiece happens to be among the most expensive watches on the market.
However, the watch was handcrafted in-house by three watchmakers that took them eight years to do it. It has fifty-seven complications and 2,826 pieces. Finally, the watch is made of white metal and has features such as calendars and a double backward split-second chronograph.
9. Patek Philippe Ref. 1518 Stainless Steel - $11 Million
Today, the circa 1943 Patek Philippe Ref. 1518 Stainless Steel Watch has become one of the most sought luxury watches. At an auction held in Geneva in 2016, it sold for $11 million USD.
This rare, 35-millimeter stainless steel watch features Arabic signs, tachymeters, and moon phases. However, the Patek Philippe Ref. 281 was used to make exactly 281 pieces. Fortunately, the 1518 is the only perpetual Patek calendar chronograph made of stainless steel. Usually, luxury watches made by Patek Philippe use rose or yellow gold.
8. Paul Newman Rolex Daytona - $17.6 Million
The infamous Rolex Daytona was a watch Paul Newman received as a gift from his wife to best suit his interest in horology and motorsports. The black and cream dial on the watch was not only unusual but is one of a kind.
When these watches were first introduced to the public market, they didn't become an immediate fan favorite. However, because of this, only one out of every twenty such watches have this feature.
However, that changed after the famous actor was spotted wearing one as he pursues a racing career. Nowadays, the authentic Paul Newman Rolex Daytona is worth $17.6 million USD.
7. Jacob & Co. Billionaire Watch - $18 Million
To justify the price tag of $26 million USD, the Jacob & Co. Billionaire Watch uses a beautiful skeleton face and its spectacular representation of rebellious courage. However, a Jacob & Co. product, this watch features 260-carat emerald cut diamonds, living up to its name as a watch suitable for a billionaire's collection.
6. Patek Philippe Henry Graves Supercomplication - $24 Million
At $24 million USD, Patek Philipps is a watch named after American banker, Henry Graves Jr. Furthermore, they were commissioned by Graves to create the Patek Philippe Henry Graves Supercomplication watch as an eighteen-carat gold watch with twenty-four complications and 920 separate parts.
The first-minute repeating wristwatch is the first of its kind from the brand. However, the features are minute repeaters, major sonnets, split-second chronographs, a fixed clock, moon phases, star charts, and alarms. The star chart design features the night sky view from the top of the banker's New York home.
5. Jaeger-LeCoultre Joaillerie 101 Manchette - $26 Million
This is a customizable watch, and the Jaeger-LeCoultre Joaillerie 101 Manchette watch is a gift to Queen Elizabeth II in 1952 by the president of France as a gift to celebrate her sixty-year reign.
The watch features 576 diamonds with a sapphire dial. Additionally, its mechanical properties are the same as are used in the manually wind-up watch, the Jaeger-LeCoultre Calibre 101.
However, the watch face also has a silver-colored dial and a winding crown. They're priced at $26 million USD. Until 2010, it held the world record as the tiniest movement as a watch.
4. Breguet Grande Complication Marie-Antoinette - $30 Million
The price is $30 million USD. The Breguet Grande Complication Marie-Antoinette watch features a gold case and displays the intricate mechanics from inside it. This is actually a pocket watch that was supposedly commissioned by the Queen of France herself, Marie Antoinette.
Although the workmanship on the watch began in 1782, the work ended completed until 1827. Unfortunately for Marie Antoinette, she was no longer alive to see what forty years' worth of fine workmanship produced.
3. Patek Philippe Grandmaster Chime ref. 6300 - $31 Million
Patek Philippe's Grandmaster Chime ref. 6300 is the most complicated watch in the company's history. However, the twenty complexities, and the detachable case and two distinct dials last ten thousand hours.
Furthermore, the minute hand, date repeater, time struck alert, instantaneous perpetual calendar, and four-digit year display sum up what this watch offers as features.
However, there are 1,366 pieces in this watch together and it uses caliber 300 motions to work. For this amount of workmanship poured into this watch, asking $31 million USD seems fair enough.
2. Graff Diamonds The Fascination - $40 Million
Who says a watch has to be something that wraps around the wrist? At least, according to Graff Diamonds, that's what The Fascination does. At $40 million USD, it used to be the most expensive watch on the market, thanks to its 152.96 carats of white diamonds. However, the cool part about this watch is there's a 38.13-carat ring, shaped like a pear, that's located at the center and is detachable.
1. Graff Diamonds Hallucination - $55 Million
When the watch costs more than some of the most luxurious real estate properties in the world, you know it's expensive. Additionally, at $55 million USD, the Hallucination by Graff Diamonds wins the prize as the most expensive watch, so far, as of 2022.
Fortunately, the watch has a platinum bracelet with 110 carats of colored diamonds of various cuts and finishes. This is very rare and very expensive. However, this is a one-of-a-kind watch, adding even more justification to its price tag.
Laurence Graff considers this watch as a celebration of miracles as the collection of multi-colored diamonds come together as a flawless design after the amount of lengthy and painstaking workmanship that went into it.
Finally, Laurence Graff has been a jeweler that includes the client roster of Elizabeth Taylor, Donald Trump, and Oprah Winfrey.
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Written by Lily Wordsmith
Read more posts by Lily Wordsmith