Some people prefer luxury watches because they are made with high-quality materials, offer several functions and often have a stylish, timeless design. They also see them as a status symbol, showing success and money. For some, luxury watches are also an investment, as they can hold or even increase in value over time.
Recently, Bollywood actor Salman Khan was seen sporting a watch worth a massive Rs 42 crore. Named Billionaire III, the watch by Jacob and Co. features 152 while emerald-cut diamonds. Additionally, there were 57 baguette-cut diamonds on the movement bridges, and the bracelet boasted 504 white emerald-cut diamonds. In total, the watch Salman Khan was wearing had 714 white diamonds. Such kind of watches classify as luxurious watches and are mostly owned only by the richest among the rich.
Another example is the watch worn by cricketer Rohit Sharma while lifting the T20 World Cup 2024 trophy. The trophy-winning captain was wearing the Audemars Piguet Royal Oak Perpetual Calendar worth around Rs 1.5 crore. However, you’ll be surprised to know that the two watches mentioned above are not among the top 10 costliest watches in the world.
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Top 10 Costliest Watches in the World 2024
1. Graff Diamonds Hallucination
Graff Diamonds is a famous luxury jewellery brand known for its high-quality diamonds and precious gemstones. The company creates stunning diamond jewellery, including rings, necklaces, and watches. Graff is known for using some of the largest and rarest diamonds in the world, making their pieces highly valuable and sought after by collectors and celebrities. Their watch – Graff Diamonds Hallucination – is the most costliest watch in the world priced at Rs 458 crore.
So, what makes this watch so expensive? Well, 110 carats of rare and big coloured diamonds are set into the bracelet of the watch which is made of platinum. Laurence Graff, the Chairman of Graff Diamonds, created this timeless watch. Till date, the watch remains unsold and is in possession of Laurence Graff. It was unveiled at Basel world in 2014.
2. Graff Diamonds Fascination
This one by Graff Diamonds is a convertible watch and one of its kind in the world. There’s a removable part in the watch which doubles up as a ring. The watch is adorned with 152.96 carats of white diamonds, with a rare 38.13-carat D pear-shaped diamond at its centre.
This stunning pear-shaped diamond can be either worn as the watch’s dial or detached and worn separately as a ring. You can also style this part of the watch as a bracelet. This watch was unveiled in the year 2015. It is the second most expensive watch in the world at Rs 416 crore.
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3. Patek Philippe Grandmaster Chime Ref. 6300A-010
Patek Philippe is a Swiss luxury watch brand known for making some of the finest, high-quality watches in the world. They have been around since 1839 and are famous for their attention to detail. Their Chime Ref. 6300A-010 watch is the third costliest watch in the world valued at Rs 258 crore.
Featuring 20 complications, the watch was made in 2024 in honour of the brand’s 175th anniversary. The watch has two dials, both adorned with blue opaline and complemented by gold-applied numerals and 18k gold plates. The case of this masterpiece is made with white gold, making it one of the most costliest watch in the world.
4. Breguet Grande Complication Marie Antoinette
The Breguet Grande is a luxury watch made by the Swiss brand Breguet, known for its high-end craftsmanship and innovative designs. The costliest watch they’ve ever created is the Breguet Grande Complication Marie Antoinette worth Rs 249 crore.
This watch is thought to have been originally ordered by one of Marie Antoinette’s lovers for the French queen. However, its creation took an incredible 40 years to complete. Unfortunately, Marie Antoinette was executed before the watch was finished.
The watch, made of gold, includes various features such as a perpetual calendar and a thermometer. It is kept in the L.A. Mayer Museum.
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5. Jaeger-LeCoultre Joaillerie 101 Manchette
Jaeger-LeCoultre is a Swiss luxury watch that has been creating high-quality watches since 1833 and are famous for making complex timepieces. The Jaeger-LeCoultre Joaillerie 101 Manchette is currently the world’s fifth most expensive watch priced at Rs 216 crore.
This watch was made as a gift for Queen Elizabeth II in 2012. Made from white gold, the watch boasts 577 diamonds and features the miniature calibre 101 movement.
6. Patek Philippe Henry Graves Supercomplication
This watch, made entirely of pure gold, was crafted in 1933 for American banker Henry Graves. It features two dials and two open faces, and it includes a variety of complex functions, such as a minute-repeating clock with Westminster chimes, and a split-seconds chronograph.
It also has 60-minute and 12-hour registers. The design and construction of timepiece took seven years to complete. Now coming to the cost, this watch is valued at Rs 216 crore.
7. Chopard 201- Carat
Chopard, founded in 1860, is another Swiss luxury brand known for creating high-quality watches and jewellery. Chopard 201- Carat is the seventh most expensive watch in the world valued at Rs 208 crore. The watch is embellished with over 800 unique and colourful diamonds in fancy shapes.
At the heart of the watch is a large heart shaped pink diamond that weighs over 15 carats, as well as a blue diamond weighing over 12 carats and an 11-carat white diamond. The bracelet is embellished with 26 yellow diamonds in pear shape.
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8. Rolex Paul Newman Daytona Ref. 6239
Founded in 1905, Swiss watchmaker Rolex is known for its iconic designs and innovations. Actor Paul Newman received this watch from his wife, Joanne Woodward, in 1968. In 2017, Paul Newman’s Daytona watch was auctioned, and it was sold in just 12 minutes. The value of the watch is Rs 155 crore.
9. Jacob & Co. Billionaire Watch
This is the ninth most expensive watch in the world valued at Rs 149 crore. Crafted with 18-karat white gold, the watch is embellished with 189-carat diamonds and a rose-cut jewel on the crown of the watch. Manufactured in 2015, these watches are mostly owned by royal families of the world.
10. Patek Philippe Stainless Steel Ref. 1518
The last entry on the list is Patek Philippe Stainless Steel Ref. 1518, valued at Rs 99 crore. This stainless-steel watch, which was manufactured way back in 1943, is part of a four-piece series from Patek Philippes which is not made of gold cases.
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Conclusion
These luxury watches are not for the rich, but only for the richest among the rich. Mostly worn by royals like kings and queens, or famous personalities with net worths in billions, these watches are timeless pieces and a status of symbol.
FAQ’s about Costliest Watches in the World
Q) Which is the costliest watch brand in the world?
A) Patek Philippe is the most expensive watch brand in the world, with the price of its watches being in crores of rupees.
Q) Which is the costliest watch in the world?
A) The Graff Diamonds Hallucination is the most expensive watch in the world worth a whopping Rs 458 crore.
Q) Which is the expensive watch owned by Anant Ambani?
A) Anant Ambani owns the Grandmaster Chime by Patek Philippe which is worth Rs 70 to 80 crore.
