We used inflation-adjusted prices to create our list of the world’s most high-end watches ever sold, so you know how much these watches would be worth if they went on the market today. So if you want to know the most expensive watch in the world with its price, keep reading. Hailing from the most expensive watch brands in the world (think Patek Philippe, Rolex, Chopard, and Vacheron Constantin), these watches turn the heads of anyone even mildly interested in timepieces with their exquisite engineering, superb styling, precious stones, precious metals, and their exclusivity-many being one-offs or limited editions. Their very raison d’être appears to be to break world records, catch the eye of top collectors, and encourage millionaires and billionaires, members of royal families, and Hollywood A-listers to empty their pockets. But the world’s most expensive watches are in a class of their own. There are pilot watches, dive watches, field watches, and dress watches. It’s called Haute Horlogerie for a reason. The world’s most exciting, exclusive, and extravagant timepieces are multi-million dollar creations destined to end up in fiercely guarded private collections, if not museums. Another reason to be in the room: “It's something so special that you will never see it again,” Davidoff says.If there’s one word that’s synonymous with luxury watches, it’s expensive. This way, he can bend the ear of the auctioneer to work the bidding increments, or feel out the vibe in the room and see if he can uncover a deal. Davidoff makes sure he’s in the room for all his favorite pre-scouted watches. If you have your heart set on a certain watch, the best way to win it is in person. “And, if you're not sure about something, do not hesitate to ask somebody who knows better than you do.” Don't be lazy and don’t trust auction houses.” Davidoff says this last rule is important because auction houses work for the sellers, not the buyers. “You're going to click on and zoom in on the pictures-look at all the pictures. “Pictures, condition report, and then you can phone a friend,” he says. What factors are used to get to these select few?ĭavidoff compares vetting pieces to the three lifelines on Who Wants to Be a Millionaire?. This year, out of over 1,000 watches, Davidoff whittled that down to 108 pieces to examine more closely. He creates a list of every watch he’s interested in seeing. Once the full preview of the auction is released roughly a month in advance he “sits in a dark room, talks to no one, and just goes lot by lot,” he says. How do I crush my opponents?įor a dealer like Davidoff, the preparation process is extremely intensive. “If you're going to Christie's and say, ‘I would like to bid 500,000,’ they will ask you kindly for a bank letter or statements proving that you have sufficient funds,” Davidoff says. When registering for an auction, the house will require your address, identification, credit card, phone number, and all that good stuff. Unsurprisingly, making a million-dollar bid at Christie’s isn’t like making an offer on Grailed. This watch was made all the way back in 1943 (!!), and the dial has taken on a limey quality. This is the type of watch AP makes all the time now, most notably its ceramic Royal Oak. Also in the just-let-me-hold-it-for-a-second category is an Audemars Piguet perpetual calendar chronograph.
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