Most Expensive Watches in the World 2016
Most Expensive Watches in the World 2016
Once a year we take a look at the Most Expensive Watches in the World! It’s 2016 and the old 2014 and 2015 tops demand to be updated!
Not only there are several new incredibly expensive watches, we also have a new #1, which says a lot considering that the previous World’s Most Expensive Watch – title holder was valued at $25 million.
Most of the watches we’re gonna show are one of a kind and are owned by the richest people in the world, and who would judge them, watches are a status symbol and owning one priced so high will definitely set you apart from the other billionaires out there.
So what exactly does make these watches so expensive?
It mostly comes down to just three factors:
1. Expensive parts such as rare diamonds, gold, platinum, meteor rock, dinosaur bone etc.
2. The amount of time it took to complete and the detail level of what the watch is able to do.
3. How unique or how much of a intangible value can be attributed to the piece.
Every watch we’re gonna feature has an incredible story behind that will make you wonder what is like to own a watch designated only for the most affluent individuals!
6. LOUIS MOINET METEORIS WATCH ~ Price: $4.600.000
What if I told you there was a watch so rare that in order to make it you had to go into space and get some moon rock?
What is I told you there were 4 of these watches that apart from the beautifully crafted architecture each contains something so special that the average person will never get to encounter in their life-time?
These 4 watches form the Meteoris Collection by Louis Moinet and they all tie for the 5th position on our top 5 most expensive watches in the world!
Here are the other 3 watches included in the collection
You can learn more about the Louis Moinet watches here!
If you thought these were special, you wouldn’t belive the Hublot that’s next.
5. HUBLOT – BIG BANG ~ Price: $5.000.000
If the previous pieces stood out by the rarity of the components this one focuses on only 1 material: Diamonds! and a lot of them!
But just how many diamonds can one manufacturer put on a wrist watch?
Hublot answered that question with: as many we can fit in there! They ended up with 1280 diamonds that have at least 3 carats each.
It took over 1 full year just to find the diamonds and bring them to the headquarters from all corners of the earth but the end result was fully worth it!
Every single stone was cut by a well renowned jeweler from New York, with over 40 years of experience, in order to make sure each bears the same cut signature.
You’re probably wondering who’d spend $5 Million on full diamond watch?
Beyonce Knowles bought it for her husband Jay-Z as a birthday gift for his 43rd anniversary! We’ve covered the story in this original video!
The watch looks amazing and if you’ve got the money I think it’s an amazing piece to add to your collection!
You can shop for Hublot Watches Here!
But I wouldn’t spend it right away because we’ve still got some even more expensive ones to come!
4. PATEK PHILIPPE – HENRY GRAVES – POCKET WATCH ~ Price: $11.000.000
It used to be the most expensive pocket watch the world had ever seen!
It was sold for $11 Million back in 1999 if we adjust for inflation and the economic environment + its novelty factor this piece could easily go for over $15 Million if it was to be resold.
Made in 1933 for banker Henry Graves by Patek Philippe himself, it took over 5 years to complete!
It happens to be one of the most complicated and complex pocket watches in the world with over 24 functions!
Made out of 18 carat gold the watch used to be the world’s most expensive pocket watch until late 2013 when one piece dethroned it.
I’ll give you a tip, it’s the one on the 1st position of this ranking!
You can shop for Patek Philippe watches here!
So if this is the second most expensive pocket watch in the world, just how much is the first one?
3. PATEK PHILIPPE – Ref. 1518 – Wristwatch ~ Price: $11.136.642
Mid-November 2016 at the Phillips in Association with Bacs & Russo Geneva Watch Auction Four sale, an incredibly rare Patek Philippe wristwatch was auctioned of.
It was sold for 11,002,000 Swiss francs! That’s around 11,136,642 USD.
The reason why it fetched such a high amount is rather odd, it’s the fact that it has stainless steel casing, a very rare thing since almost all luxury watches Patek made with yellow or rose gold. While most other watches on this list get their value from the jewels added to the watch, this is part of a very limited edition 4 piece series.
On the back of the watch underneath the serial, you can notice a number 1. Which means it is the first one of the 4.
2. CHOPARD 201-CARAT WATCH ~ Price: $25.000.000
With 874 rare diamonds the Chopard 201-carat watch used to be the world’s most expensive watch and still is the highest priced jewelry watch out on the market!
Sold in the year 2000 for this unbelievable amount of $25 million it made the front page of every luxury publication at the time.
Contrary to the $5 million Hublot we’ve talked about earlier, the stones don’t form any sort of pattern or design which leads us to the following question:
Why would you wear something so bulky? and for some people unappealing. It wasn’t just some publicity stunt Chopard pulled off, but I my opinion it lacks a certain degree of finesse which I would expect from them.
With all that considered we still have to bow our heads to the masterpiece created and take a closer look and see the detail level of work put into the ultimate jewelry.
It features a very small display and such a wide variety of diamonds that even at close inspection it is very likely for you to miss some.
The specifications for a number of the diamonds are as follows:
– 1 heart-shaped diamond, natural Fancy Pink, Internally Flawess, 15.37 carats.
– 1 heart-shaped diamond, natural Fancy Blue, VS2, 12.79 carats.
– 1 heart-shaped diamond, D color, Flawless, 11.36 carats.
– 3 pear-shaped diamonds, natural Fancy Intense Yellow, 8.45 carats total.
– 26 pear-shaped diamonds, natural Fancy Intense Yellow, 17.07 carats total.
– 48 round diamonds, natural Fancy Yellow, 8.81 carats total.
– 260 pear-shaped diamonds, all D color, Flawless, 60.94 carats total.
– 91 round diamonds, D color, Flawless, 10.29 carats total.
– 443 FC diamonds, natural Fancy Intense Yellow, 4.95 carats total.
You can shop for Chopard watches here!
Ready for the #1 position in our ranking? Hit next and be amazed!
1. BREGUET GRANDE COMPLICATION MARIE-ANTOINETTE ~ Price: $30.000.000
Here we are! The most expensive watch in the world 2016 is priced at $30.000.000.
As we’ve been teasing you so far it is a case watch not a wrist watch.
So what makes this watch so costly?
It was commissioned by a an alleged lover of Marie Antoinette, the French queen.
Work on the watch began in 1782 by Abraham-Louis Breguet and was finished in 1827 by his son, 4 years after his death.
The result, an amazing piece of design, class and technology containing every function that was possible at that time.
Encased in gold, displaying the intricate mechanism running it, Breguet used sapphire to lower the friction within the piece.
Marie Antoinette did not get to see the watch, since it was completed 34 years after her execution, but we can be sure she would’ve been impressed.
The watch was stolen in the late 1900’s and retrieved only in 2007.
Every since every top watch connoisseur wanted it. As of 2014 the watch is valued at at least $30 Million.
Currently the watch is secured at the L. A. Mayer museum so you can see it live if you’re in the area.
You can shop for Breguet Watches here!
This concludes our Top 5 Most Expensive Watches in the World 2016 and we were wondering:
Which one would you like to own and why?
We’re sure you have at least one friend that would find this incredibly interesting so share it with him! Thanks!