Geneva, Switzerland, just hosted Watches and Wonders, THE most prestigious annual event for the horology industry.
Swiss watchmaker Patek Philippe announced that it is launching a new line of watches for the first time in nearly 25 years.
The new line could be unveiled later this year or next year. The "Twenty~4" women’s collection was the last new line of models, launched in 1999.
The usual price tag for many of these luxury watches range anywhere from $30,000 to multi-million dollars. The resale value of these watches is even crazier.
These watches are known for their exquisite engineering, exclusivity, precious stones and more. Here are some of the most expensive watches in the world...
Graff Diamonds' Hallucination is priced at $55 million. Made of 110 carats of coloured diamonds, it was unveiled in 2014.
Graff Diamonds' The Fascination is priced at $40 million. It features 152.96 carats of white diamonds, with a rare, fancy-cut 38.13-carat pear-shaped diamond at its centre.
Patek Philippe Grandmaster Chime Ref. 6300A-010 sold at a Christie's auction in 2019 for over $31 million.
Breguet Grande Complication Marie Antoinette costs $30 million. It took 44 years to make this watch, but Marie Antoinette did not live to see it.
Jaeger-LeCoultre Joaillerie 101 Manchette is priced at $26 million. It was a gift for Queen Elizabeth II’s Diamond Jubilee.