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Below are some of the most finest and most expensive watches in the world and of course it is catered only and exclusively for the ultra-wealthy and high net worth individuals, celebrities, entrepreneurs who can afford such extravagant and finest only money can buy.

Most Expensive and Rarest Watches

There’s a fascination that watch collectors tend to have with the cost of a watch. There’s the obvious practical reality of how much you want or are willing to spend on a timepiece. But after being involved in watch collecting for so many years now I’ve noticed there’s another type of fascination in regards to price tags: How expensive can a watch get? Whether it’s a luxury watch, a vintage curiosity, or a precious gem encrusted timepiece, watch enthusiasts always find themselves asking what are the most expensive watches available today?

GRAFF DIAMONDS HALLUCINATION

PRICE: $55,000,000.00

CASE MATERIAL: Platinum encrusted with diamonds

MOVEMENT: Quartz moment

Obviously this watch is hideous – I’m not going to try and convince you otherwise. But the Graff Diamonds Hallucination is the most expensive watch in the world at $55,000,000. What’s informing that price though clearly are the precious gemstones encrusted all over the timepiece.

JACOB & COMPANY - BILLIONAIRE WATCH

PRICE: $18,000,000.00 - $20,000,000.00

CASE MATERIAL: White gold set with diamonds

MOVEMENT: Jacob & Co. Skeleton manual winding caliber JCAM NUMBER OF COMPLICATION: 3

Jacob and Co is an American-based watch and jewelry manufacturer founded by Jacob Arabo. The brand specializes in very detailed, finely crafted, and extremely expensive luxury goods. But when you look past the precious metals and the diamonds, there is some incredibly intriguing horology at work here – as is the case with the Billionaire Watch.

PATEK PHILIPPE GRANDMASTER CHIME

PRICE: $31,200,000.00

CASE MATERIAL: Stainless steel

MOVEMENT: Caliber 300 GS AL 36-750 QIS FUS IRM

NUMBER OF COMPLICATION: 20

AUCTION HOUSE: Christie’s

YEAR SOLD: 2019

Patek introduced the Grandmaster Chime in 2014, rocking the watch world with the ability to cram 20 complications into its construction making it one of the watch brand’s most complicated wristwatches. They housed these masterpieces in precious metal cases, which makes sense for a watch that takes several years to build. But when a Grandmaster Chime fetched 31 million dollars five years later at the Only Watch it was of course made of stainless steel. With the only titanium version of the 5208 unveiled at Only Watch 2017 and the only steel 1518 sold in 2019, Patek seems to have found a winning formula.

  • Patek Philippe Gobbi Milan “Heures Universelles

    PRICE: $8,967,000.00

    CASE MATERIAL: Pink Gold

    MOVEMENT: World Time

    NUMBER OF COMPLICATION: 20

    AUCTION HOUSE: Christie’s

    YEAR SOLD: 2019

    Blown away by the 2523 Eurasia and planning your next purchase? Don’t spend those fantasy dollars just yet. The one of a kind Patek Philippe Gobbi Milan “Heures Universelles” is another Patek 2523 that would like a word with your wallet. This stunning enamel blue dialed timepiece is one of only seven World Time 2523 movements to exist in 18K pink gold and it is the only known model to feature both Patek Philippe’s branding and that of Gobbi Milan (a retailer). It last sold for nearly 9 million dollars at Christies in 2019 making it the most expensive watch ever auctioned in Asia. But maybe the price will drop next time it’s up for auction… a broke watch snob can dream, right?

  • Patek Philippe Nautilus Ref. 5711/1A-018 Tiffany & Co.

    PRICE: $6,500,000.00

    CASE MATERIAL: Stainless steel

    MOVEMENT: Caliber 26 330 S C

    AUCTION HOUSE: Phillips

    YEAR SOLD: 2021

    COMPLICATIONS: None

    To understand how a Patek 5711 that retails for around 50K sold for 6.5 million dollars, it helps to remember where the world was at in December of 2021. Steel sport watch craze was in full hype mode, the 5711 was the most sought after watch in this category, and Phillips was getting ready to host their first live auction in two years. So when one of the coveted 170 Tiffany stamped 5711s in existence was scheduled for auction, paddles were predicted to fly (that’s an auction phrase, right?). And fly they did. After the auction premium, the all-in price was $6,503,000. The following year, another one sold for the significantly reduced price of $3.2 million, showing how volatile auction outcomes can be.

  • Patek Philippe Grand Complications Sky-Moon Tourbillon

    PRICE: $8,000,000.00

    CASE MATERIAL: Rose Gold

    MOVEMENT: Caliber R to 27 QR SID LU CL

    NUMBER OF COMPLICATION: 12

    YEAR SOLD: Unknown

    COMPLICATION: None

    The intricately crafted and dual sided Patek Philippe Grande Complications Sky-Moon Tourbillion is one of the most recognizable pieces amongst the brand’s offerings.

    The detailing of the main front dial is accentuated by the Feu chamlevé and cloisonné enameling technique, which is then itself complimented by the applied gold Roman numerals.

    The back of the timepiece shows the night sky from the point of view of the Northern Hemisphere, which is where the astronomical complications of the watch are featured.