The world of luxury watches has changed dramatically over the years, with new innovations and designs constantly disrupting the market. As of 2022, there are no watches in the top 10 that cost less than 10 million dollars. In this article, we will provide you with the Alux.com official top 10 most expensive watches in the world for 2022.
The Patek Philippe Stainless Steel 1518 was sold at an auction in 2016 and is valued at around 15 million dollars today. It was an innovative watch that was introduced during the time when Patek Philippe was competing with Audemars Piguet for the title of the best watchmaker. The 1518 was one of only two stainless steel watches out of a series of four experiments made by Patek Philippe. It has a number one engraving underneath the serial number on the back of the watch, marking the beginning of a new phase in luxury watches.
Jacob & Co. is known for its gem-setting techniques in luxury watches. They created a one-of-a-kind statement piece with the Billionaire watch, which contains 177 carats of 325 emerald and baguette-cut diamonds. The watch gained international attention a few years ago when boxer Floyd Mayweather purchased it for 18.2 million dollars.
The Rolex Paul Newman Daytona Ref 6239 is one of the rarest watches that collectors are fighting over. Paul Newman was a famous movie star, and Rolex made a limited series with a specific style of dials that became known as the Newman Daytonas. Paul's watch is the most famous and valuable of the bunch and sold for 18.7 million dollars at an auction.
The Patek Philippe Henry Graves Pocket Watch was made in 1933 for banker Henry Graves by Patek Philippe himself. It took over five years to complete and is one of the most complicated and complex pocket watches in the world. Made out of 18-karat gold, the watch has over 24 functions and is considered an engineering marvel. It sold for 24 million dollars in 2014 and was the most expensive pocket watch in the world until the number four watch on this list dethroned it.
Chopard is a renowned jewelry house that decided to enter the watch market with a bang. The Chopard 201 Carat Watch used to be the most expensive watch in the world and is still one of the highest priced jewelry watches on the market. It was sold in the year 2000 for an incredible 25 million dollars and contains 874 rare diamonds.
The Jaeger-LeCoultre Joaillerie 101 Manchette is more of a bracelet than a watch, but as long as it tells the time, it has a place on this list. Designed with 577 diamonds, the watch was gifted to Queen Elizabeth in 2012 as a tribute to her coronation day when the queen wore a watch by the same jeweler. The Manchette hasn't been seen since.
As of 2022, the Breguet Grand Complication Marie Antoinette is the most expensive pocket watch in the world. It was commissioned by an alleged lover of Marie Antoinette, the famous French queen. The watch was not completed until 34 years after her execution and was a masterpiece of design, class, and technology. It contains every function that was possible at that time and is encased in gold with a mechanism running within. The watch was stolen in the late 1900s and retrieved only in 2007, and watch collectors went crazy for it. If it were to go on the market today, it would likely fetch a whole lot more than 30 million dollars.
The Patek Philippe Grand Master Chime is a one-of-a-kind watch crafted in stainless steel, making it the most advanced watch Patek Philippe has ever made. It has over 20 complications and was sold at an auction in 2019 for 31 million dollars. The watch was originally built for the Only Watch auction, which donates all its proceeds to muscular dystrophy research.
Graff Diamonds is the biggest name in diamonds, and they decided to put 40 million dollars worth of diamonds on a watch and reveal it to the world. The Fascination watch consists of 152.96 carats of white diamonds with a center fancy cut, exquisitely rare stone that is a 38.13 carat D flawless pear-shaped diamond that can detach into a ring, making it a convertible watch.
The Hallucination by Graff Diamonds is the most expensive watch in the world, valued at 55 million dollars. The worth of the watch stems from the 110 carats of rare and big colored diamonds set into a bracelet of platinum. The colored diamonds used for this particular watch qualify as fancy, which means they go beyond the standard range of colors for diamonds. The watch is a true masterpiece and represents the ultimate in luxury.
In conclusion, luxury watches have always been a status symbol, and the watches on this list represent the epitome of luxury. From the Patek Philippe Stainless Steel 1518 to the Graff Diamonds The Hallucination, these watches are not only expensive but also represent masterworks of design, class, and technology. As we move forward, it will be exciting to see what new innovations and designs will disrupt the market and how they will shape the future of luxury watches.
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