It’s no secret that luxury watches are synonymous with expensive. The world’s most expensive watch brands are known for their multi-million dollar creations, including some of the most extravagant and exclusive timepieces.
The Haute Horlogerie consists of several categories of watches like dive, pilot, sports and dress. However, the most expensive luxury watches belong to a class of their own.
They appeal to top collectors across the world, encourage billionaires and millionaires, Hollywood A-listers. Moreover, these watches are built to break world records and, ironically, break the bank.
Even if you have a mild interest in timepieces, those originating from the best watch brands like Rolex and Patek Philippe are likely to turn your head. They exhibit superb design, style, exquisite engineering and exclusivity.
So if you are interested in exploring the most expensive timepieces in the world as of 2021, keep reading. Here is a list of the top 10 watches in the world with price tags heftier than what you may expect. No matter whether you can afford one or not, there is no harm in glimpsing and dreaming.
With the Patek Philippe Grandmaster Chime Reference 6300A-010, you can get two for the cost of one (that is, nearly £22 million). The watch features two dials – one is on the front and another on the back.
This Grandmaster Chime model is the most expensive Patek Philippe timepiece ever sold. It comes with twenty complications that include five chiming modes and a date repeater and acoustic alarm.
The watch flaunts blue opaline dials with 18ct gold dial plates and gold-applied numerals. Moreover, the case is made of white gold and joined with a navy blue alligator leather strap.
The famous actor Paul Newman was passionate about watches and a devoted fan of the racing car. Thus, his wife commissioned a Rolex Daytona Reference 6239. It had the engraving ‘Drive Carefully’.
The Rolex Paul Newman Daytona exhibits a sophisticated Art Deco style and unique cream and exotic black dial. However, this timepiece appeals to watch enthusiasts more than others and those fond of Hollywood keepsakes.
When the watch went up at auction, it lasted just 12 minutes. The highest bidder via telephone bought the timepiece. However, it’s no surprise as Rolex is among the top 10 luxury watch brands. And the Rolex Paul Newman Daytona 6239 is one of the top 10 watches in the world.
Jaeger-LeCoultre crafted the intricate Joaillerie 101 Manchette watch to gift Queen Elizabeth II to mark her 60th year of reign. So you can pretty guess what to expect from this timepiece.
It is made of white gold, flaunting a unique profile. Furthermore, the watchmaker equipped the timepiece with highly polished and diamond-set links. And more significantly, the Joaillerie 101 Manchette houses one of the smallest movements in the world – Calibre 101.
The Daytona Unicorn Reference 6265 is the second costliest Rolex watch ever sold. A Daytona in a white gold silhouette turned heads of collectors. Rolex designed its iconic Daytona to serve as a regular sports timepiece. So the watchmaker decided to make it a bit unconventional, offering the watch in the luxurious white gold.
Rolex produced the Daytona Reference 6265 in 1970. However, the watch today comes with a luxurious white gold bracelet. Other appealing features include a contrasting black dial and white gold indexes.
The story says that Patek Philippe crafted this timepiece for a wealthy banker of America, Henry Graves, in 1933. Interestingly, the watchmaker took nearly seven years to design and develop this gold pocket timepiece.
The Patek Philippe Henry Graves Supercomplication is among the world’s costliest pocket watches. The watchmaker furnished the model with impressive features like a minute repeater with Westminster Chimes & a perpetual calendar. Furthermore, the watch features a celestial chart that resembles the night sky as it used to look from Graves’ home in New York.
The Graff Diamonds Hallucination is the most expensive timepiece ever produced. As the name implies, the watch is genuinely spectacular and luxurious. It features a kaleidoscopic array of coloured diamonds of different cuts, weighing 110ct. And a platinum bracelet completes the breathtaking look of the watch.
Among all the sparkle, the watch flaunts a small dial in the centre. When it made its debut at Baselworld 2014, the price tag of nearly £39.40 million mesmerised collectors globally.
The Vacheron Constantin Reference 57260 consists of 57 complications, 242 jewels and 2826 components. Interestingly, ten of the unique complications were ingenious inventions in the watchmaking industry at the manufacturing time.
However, some of the most impressive functions include a double retrograde split-seconds chronograph, a ‘night mode’ and the Judaic calendar. The unrivalled mechanics occupy the centre stage within the unfussy case. Thus, it’s no surprise to know that the Vacheron Constantin 57260 is the most complicated watch in the world.
It sold for £5.80 million, and it seems appropriate for a watch that took nearly eight years to design and produce.
Patek Philippe Reference 5016A-010 comes with a tourbillon, a minute repeater and a retrograde date with a perpetual calendar. These are among the most revered watch complications. However, the watch flaunts a 36.8mm case and a unique blue Grand-Feu enamel dial.
This stainless steel Patek Philippe Reference 5016A-010 is extremely rare and unique. Thus, watch fans are always eager to dig deep to acquire it.
Also commonly known as the Silk Road Reference 2523, the Worldtime Eurasia Reference 2523 is a highly sought-after luxury watch across the globe. Besides this standout feature, the timepiece also sports a world time complication, 41-city ring and a dual crown. However, Patek Philippe has produced only three yellow gold Reference 2423 with this particular dial type.
Hence, watch collectors and enthusiasts do not step back to pay more than £5.43 million for the timepiece.
The Patek Philippe World Time Reference 1415 went for sale at Antiquorum’s auction in April 2002. And it made a new world record as the most expensive watch ever sold for 6.6 million Swiss francs. However, people could again see the timepiece in 2021 at Christie’s Hong Kong auction house.
It remains a highly desirable timepiece because Reference 1415 is only available in platinum. The first world timer that Patek Philippe produced is ideally the world-time mechanism.
Overall, the watches mentioned above are some of the most expensive models created by the top luxury watch brands in 2021. And they are undoubtedly worth the astronomical price tag, considering their unrivalled artistry, complications and design.
However, virtually every watch made by these most expensive watch brands holds excellent value over time. Some models even appreciate. Thus, they typically serve as the most valuable asset to sell in a hard-up situation.
If you are looking to sell a watch of Rolex, Patek, Cartier or any other top brands, get in touch with The Luxury Hut. We buy luxury watches for the best possible price in the market. Fill in our form or call on 0207 242 9160 and get an instant quote.
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