They say time is money, and these most expensive watches prove that it can easily be worth millions.

Haute <a href="https://www.lofficielusa.com/watches/omega-constellation-manhattan-29-mm-by-omega" target="_blank" rel="noopener">horology</a>: It's not referring to the fashion shows and <a href="https://www.lofficielusa.com/fashion-week/fashion-trends-fall-winter-2023-haute-couture-paris-fashion-week" target="_blank" rel="noopener">runways</a> it may bring to mind, but the glamorous world of the most expensive watches, designed by manufacturers that reach the highest standard of hand-made quality and craftsmanship.&nbsp;
Imagine decadent <a href="https://www.lofficielusa.com/fashion/precious-gemstones-high-jewelry-art" target="_blank" rel="noopener">gems</a> and intricate dials, all coming together in unique shapes and colors for millions of dollars. Fashionably late? With these luxury watches there's only fashionably right on time. Keep scrolling to take a look at the most expensive watches ever created.

Graff Diamonds Hallucination - $55 million

Image: Graff Diamonds

Worth a whopping $55 million and crafted concisely from 110 carats of rare and colorful <a href="https://www.lofficielusa.com/fashion/rare-diamond-engagement-shapes-trends-weddings" target="_blank" rel="noopener">diamonds</a>, The Hallucination tops the list of the most expensive watches. The precious stones are set into a bracelet of platinum, and the different shapes and unique colors of the diamonds across the band all revolve around a tiny quartz dial (yes, there is still a watch in all that decadence). While the gems absolutely steal the show, the watch is also very functional, long-lasting, and accurate so your timepiece does more than make a statement. Conceived by Laurence Graff, chairman of Graff Diamonds and shareholder in the South African Diamond Corporation, the diamonds selected are some of the best and most beautiful, as Graff chooses himself which jewels get to adorn his creations. It's clear that the Hallucination is just as dreamy and whimsical as it sounds.

Graff Diamonds The Fascination - $40 million

Another gorgeous timepiece from Graff Diamonds is The Fascination. What makes The Fascination so unique is that it isn't really even a watch, at least some of the time. The stunning 38-carat pear-shaped diamond in the center covers the dial and can be removed and worn as a <a href="https://www.lofficielusa.com/fashion/diamonds-ovals-celebrity-engagement-ring-trend-2021" target="_blank" rel="noopener">ring</a>. The other white diamonds adorning the watch make up 152.96 carats. You would think the white diamonds make this watch a little more understated and more subtle than The Hallucination, but that huge stone in the center demands attention. Get two for the price of one, because for $40 million&mdash;and the second most expensive watch in the world&mdash;you should have a timepiece that does it all.

Patek Philippe Grandmaster Chime - $31 million

Next on the list of most expensive watches is arguably a much more <a href="https://www.lofficielusa.com/men/watches-mens-fashion-spring-2022-patek-philippe-panerai" target="_blank" rel="noopener">classic style of watch</a>. But what appears simple is actually the work of 100,000 hours of development and assembly. The Grandmaster Chime is Patek Philippe's most complicated wristwatch ever made, and you know you are always getting quality from one of the oldest watch manufacturers in the world. This particular watch has 20 extra features beyond displaying the time, as well as one dial on the front and another on the back. From this feat of watchmaking comes six patented innovations. Beyond the complex function of the watch, it also looks stunning. With blue opaline dials, gold-applied numbers, and 18k gold dial plates, everyone will have the time to take a good look. Encased in white gold, the watch also has a strap of blue alligator leather.

Breguet Grande Complication Marie Antoinette - $30 million

Image: Brequet

Brequet's watches have awed since the time of <a href="https://www.lofficielusa.com/fashion/marie-antoinette-myths-queen-of-france" target="_blank" rel="noopener">Marie-Antoinette</a>, and she has been said to have acquired many of his timepieces over the years. In 1783, the Grande Complication Marie Antoinette was commissioned for the French Queen by an unknown admirer. As elaborate as possible with no time or financial limits, this watch was crafted over the span of 44 years, well after Marie-Antoinette was executed and four years after Brequet also passed. The watch includes every function that was available at the time, from a perpetual calendar to a thermometer and power-reserve indicator, making it easily one of the most dynamic and most expensive watches of its time. It's a watch made for royalty, but only if you have the $30 million to cover it.

Jaeger-LeCoultre Joaillerie 101 Manchette - $26 million

Another of the most expensive watches fit for a queen is the Jaeger-LeCoultre Joaillerie 101 Manchette watch, a version of the watchmaker's 101 Calibre Collection, which blends high jewelry with fine watchmaking in the world's smallest mechanical engine. <a href="https://www.lofficielusa.com/fashion/queen-elizabeth-secrets-coronation-dress-king-charles-royal-family" target="_blank" rel="noopener">Queen Elizabeth II</a> wore this watch to celebrate 60 years on the throne, fitting for her Diamond Jubilee. The white gold bracelet with diamond set links makes this timepiece unmistakably unique. The dial itself fades in the background of complexly aligned squares of diamond, wound together in a thick cuff bracelet. While maybe not entirely practical for actually reading the time, the watchmaking skill and precision still shine through.

Chopard 201-Carat - $25 million

The Chopard 201-Carat watch is a sight to behold. The Swiss watchmaker has long been a favorite of a wide range of wealthy watch-wearers, from celebrities to royalty. So, it makes sense that this watch, crafted with 874 diamonds, demands to be in the public eye. A mix of different weights, there's a 15-carat <a href="https://www.lofficielusa.com/fashion/pink-sakura-diamond-breaks-auction-record" target="_blank" rel="noopener">pink diamond</a>, a 12-carat blue diamond, and an 11-carat white diamond all bordering the tiny dial, if anything making it rather hard to read the time. Although, if you're spending $25 million for this mastery, you're probably more concerned about the bling than the time.&nbsp;

Patek Philippe Henry Graves Supercomplication - $26 million

Up next on the list of most expensive watches is the Patek Philippe Henry Graves Supercomplication, a gorgeous <a href="https://www.lofficielusa.com/men/luxury-watches-cartier-tag-heuer-hermes" target="_blank" rel="noopener">pocket watch</a> with, you guessed it, a super number of complications. From a perpetual calendar and celestial chart based on the New York sky seen by the titular Henry Graves, for whom the watch was made, this watch really does it all. The timepiece found its way to the <a href="https://www.lofficielusa.com/fashion/princess-diana-black-sheep-sweater-sothebys-auction" target="_blank" rel="noopener">auction block</a> in 2014, where an anonymous bidder settled the final price after 15 minutes, the most anyone had ever paid for a watch at the time. The price reflects the incredible craftsmanship and production of the pocket watch, but also the exclusivity of owning a rarity so sought after.&nbsp;

Rolex Paul Newman Daytona Ref. 6239 - $18.7 million

Actor and race car driver Paul Newman makes this list along with Marie-Antoinette and Queen Elizabeth II, and for good reason. Newman contributed to the popularity of <a href="https://www.lofficielusa.com/fashion/sergio-tacchini-rolex-monte-carlo-masters" target="_blank" rel="noopener">Rolex's</a> "Daytona" watches because of his love for timepieces. Now, the style is one of the most recognizable in the world. His wife, Joanne Woodard, commissioned the watch in 1968, engraved with the words, "Drive Carefully." Like the Patek Philippe pocket watch, the Paul Newman Daytona was also the subject of a long bidding war resulting in $18.7 million. Not only classic and sleek in design, the watch is also an endearing homage for any fans, making the timepiece entirely timeless.

Jacob &amp; Co. Billionaire Watch - $18 million

With less history than some other watches on this list, the Jacob &amp; Co. <a href="https://www.lofficielusa.com/politics-culture/bumble-founder-whitney-wolfe-herd-youngest-self-made-billionaire-tinder" target="_blank" rel="noopener">Billionaire</a> watch was introduced in 2015, with Ashoka diamonds totaling about 189 carats. This cut of diamond optimizes brilliance, making the stone look almost 50 percent larger than a typical emerald cut. You can tell the Billionaire watch is drowning in decadence. The skeletal dial intentionally leaves out any unnecessary material to make for the most precise and robust operation, all coming together with a bracelet of diamonds in a gorgeous work of watchmaking.

Patek Philippe Stainless Steel Ref. 1518 - $12 million

Last on this list of most expensive watches doesn't mean cheap by any means. This particular model of the Patek Philippe Stainless Steel watch is worth $12 million. While most other watches from this esteemed watchmaker would use gold on the case, this watch uses high-grade <a href="https://www.lofficielusa.com/fashion/omega-new-seamaster-collection-watch-styles-models-75th-anniversary-summer-blue" target="_blank" rel="noopener">stainless steel</a>. The watch was also the first to have a perpetual calendar and chronograph, making it entirely unique for so many reasons. The expensive price is the result. While stainless steel may seem less valuable than gold, the fact that it is special in Patek Philippe's collection makes it worthy of the big bucks.&nbsp;

The Most Expensive Watches in the World

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