• Wednesday, February 28, 2024
businessday logo

BusinessDay

7 most expensive wristwatches in the world in 2024

7 most expensive wristwatches in the world (1)

At the mention of ‘luxury wristwatches’, many people picture a chronometer with shimmering diamonds, leather straps resembling crocodiles, and price tags that might purchase a small island. The vision is quite apt. Luxury wristwatches are not just watches; they’re delicate little works of art and status symbols.

Here are 7 most expensive wristwatches in the world

Graff Diamonds Hallucination – $55 million

Created by Graff Diamonds, a renowned luxury jewelry and watchmaker, the 110 carat diamond limited edition Hallucination features a vibrant and colorful array of rare and exceptionally large diamonds, including Fancy Pink, Fancy Yellow, Fancy Green, and Fancy Blue set in a mosaic pattern on the watch dial.

Graff Diamonds The Fascination – $40 million

The Fascination, also crafted by Graff Diamonds, is notable for its distinctive design, featuring a detachable pear-shaped diamond that can be worn as a ring. The watch contains 152.96 carats of diamond while the detachable ring is a 38.14 carat D Flawless pear shaped diamond.

Patek Philippe Grandmaster Chime – $31 million

The Grandmaster Chime is a double-faced wristwatch with 20 complications, including a grande and petite sonnerie, minute repeater, instantaneous perpetual calendar, and a unique date repeater. The watch features a distinctive reversible case with two dials, both dials are blue opaline with gold-applied numerals and 18K solid gold dial plates. The case is white gold, and the strap is made of navy blue alligator leather.

Breguet No. 160 – $30 million

Abraham-Louis Breguet, often referred to as the “father of modern watchmaking”, crafted this wristwatch. It included every known complication at the time, including a thermometer, chime, and perpetual calendar. The watch was on display at the L.A. Mayer Museum in Jerusalem until it was stolen in 1983. The piece was eventually recovered and is still on display at the Mayer Museum today.

Jaeger-LeCoultre Joaillerie 101 Manchette – $26 million

Launched by the renowned Swiss watchmaker Jaeger-LeCoultre, the 101 Manchette is part of the iconic 101 collection, famous for housing one of the world’s smallest mechanical movements. This wristwatch stands out for its refined design and lavish adornment, featuring a delicate bracelet that wraps around the wrist like a precious cuff.

Chopard 201-Carat Watch – $25 Million

The Chopard 201-Carat Watch is a collection by Chopard, a Swiss luxury watch and jewelry manufacturer founded in 1860 by Louis-Ulysse Chopard. This stunning timepiece contains 874 diamonds, totalling 201 carats, in an array of colors. Three heart-shaped diamonds in yellow, pink, and blue make up the Chopard watch’s center.

Patek Philippe Supercomplication – $24 Million

The Patek Philippe Supercomplication is one of the most famous and complicated mechanical pocket watches ever created. It was created in the early 20th century by Patek Philippe for banker Henry Graves Jr. The gold case and a two-tone silvered dial wristwatch has a total of 24 complications, including a perpetual calendar, a split-seconds chronograph, a minute repeater, a moon phase indicator, and many others.

Other luxury wristwatches include: Jacob & Co. Billionaire Watch – $18 Million, Paul Newman’s Rolex Daytona – $17.8 Million, Patel Philippe Ref. 1518 – $11.1 Million, Vacheron Constantin 57260 – $8 Million, Hublot Big Bang – $5 Million.