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World’s Most Expensive Watch

Last Updated : 22 Sep, 2023
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Graff Diamonds Hallucination is considerably the most expensive watch in the world which costs over $55 million. Currently, the watch holds the record of being the world’s most expensive watch. This is the most expensive watch ever made. There are interesting, and fascinating elements attached to the watch that make it worth the price, and that are costly diamonds.

Cost of the Graff Diamonds Hallucination

The most exciting part behind this watch’s highest price is that the watch is not the timepiece that would help you keep a track of time, but the fascinating expensive diamonds make this cost $55 million. The kaleidoscopic array of brilliantly cut colored 110-carat diamonds attached to the platinum bracelet gives this timepiece a breathtaking look.

This sparkling wonder can lead you to forget about the main purpose you’ve bought it for and you’ll end up focusing on the diamonds and the sleek design of the watch that is capable enough to keep the eyes of anyone clutched to the fantastic piece of jewel.

The Idea Behind the Making of Graff Diamonds Hallucination the ‘Most Expensive Watch’

The first question that crosses the mind of people after hearing about the watch and its price is, “What brand does it belong to?” So, the world’s most expensive watch Graff Diamonds Hallucination is manufactured by Graff which is a British multinational jewelry brand which was founded in London by Laurence Graff in the year 1960.

Graff unveiled the watch ‘Graff Diamonds Hallucination’ in the year 2014. The timepiece consists of diamonds cut in different shapes that include marquise, radiant, pear, round, and heart-shaped. In addition, the multicolored, stunning timepiece includes diamonds that are Fancy Vivid Yellow, Fancy Intense Blue, Fancy Light Grey Blue, Fancy Green, and Fancy Orange. These gems are considered to be more expensive than the usual diamonds.

To make this most expensive watch that would convince a buyer to spend a huge amount of money, $55 million, it took a highly skilled team of designers, gemologists, and master craftsmen.

Now, the question is, why was important to make such an expensive watch? So, the company’s founder Laurence Graff had a wish to create a piece that would showcase the company’s works as a whole, including, skills, design, and innovation. He considered this timepiece to be apt for the same.

Other Expensive Watches in the Market

After Graff Diamond Hallucinations, the second most expensive watch is again made by Graff which is named Graff Diamonds The Fascination which is priced at $40 million. The two expensive timepiece giants are followed by Breguet No.160 priced at $30 million, Chopard 201-Carat Watch priced at $25 million, and Patek Philippe Supercomplication which is priced at $24 million.

Since the invention of watches and clocks have been the symbol of status in society as earlier, during ancient times people have been keeping the track of time via various methods, and keeping an eye on the sun is one such method that would get disrupted during uncertainty in the weather. With the invention of these devices, it became easier for people to keep track of time as well as it became a status symbol as only people who were economically strong were able to buy it.

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