The Top 8 Most Expensive Watches In The World In 2023

Last Updated on 6th January 2024

It’s not uncommon to hear words like extravagant, exclusive and exciting associated with luxury expensive watches. But if there’s one word that often stays hidden under the pile, it is expensive! The world’s most luxurious high end watches cost millions of pounds and are nothing but admirable pieces of art worn on the wrist.

Combining the best of horology, the watches demand such a high price and the instant attention of anyone evenly faintly interested in buying and selling timepieces. With superb styling, exquisite stones and marvellous engineering, these pricey perfections command insane prices. These are most expensive watches in the world in 2023.

Top 8 Luxury Watches With Jaw-Dropping Price Tags

1. Graff Diamonds Hallucination

Topping the list of the most expensive watch in the world 2023 is the Graff Diamonds Hallucination. As the name rightfully suggests, the watch is breathtakingly beautiful and fantastically brilliant, causing quite a stir making heads turn everywhere. The watch flaunts a kaleidoscopic effect with the culmination of several brightly different coloured diamonds.

Featuring 110 carats of different coloured diamonds (pink, yellow, blue and green) in other elegant cuts (emerald, pear, heart, round and marquise) and set into a platinum bracelet, this timepiece is a sensuous spectacle that is worth claiming a million pounds.

The Graff Diamonds Hallucination is one of the most expensive watch brands that pushes the boundaries of horology to the most extreme and deserves to be the world’s most expensive watch.

2. Patek Philippe Grandmaster Chime ‘Only One’

If you’re going to spend millions on a intricate timepiece, then how about getting two for the price of one? Before you start finding answers, the Patek Philippe Grandmaster Chime Ref. 6300A-010 has two dials, one on the front and the other on the back. Patek created this timepiece to celebrate the brand’s 175th anniversary. It is the most complicated timepiece the company produces.

The watch comprises 20 complications, including five chiming modes, a minute repeater, a perpetual calendar and an acoustic alarm. This most expensive Patek features a reversible white gold case, with one side featuring a rose gold dial and the other in black ebony. Both dials have gold-applied numerals and 18ct gold plates.

This is the first and only Grandmaster Chime watch in stainless steel, hence, the name ‘ONLY ONE’. The ‘Only One’ Patek was created for a biennial charity watch auction named Only Watch.

Patek Philippe Grandmaster Chime 002 1

3. Breguet Grande Complication Marie-Antoinette

A watch that entails a fascinating history of love and romance is the Breguet Grande Complication Marie-Antoinette. One of Queen Marie Antoinette’s ex-lovers originally commissioned the watch in 1783. It featured almost all the complications the world knew then, including a minute repeater, a thermometer and a perpetual calendar.

No watch has ever come close to this gem when you speak of complexity and beauty. Crafting this legendary timepiece took around 40 years, and unfortunately, the queen was executed before she got to see this timekeeping marvel.

Gold encases this pocket watch, with sapphires gracing every working space. You can admire the intricate mechanics displayed inside it. This timepiece is still considered the 5th most complicated watch in the world.

4. Jaeger-LeCoultre Joaillerie 101 Manchette

What if we told you that Jaeger-LeCoultre designed the intricate Joaillerie 101 Manchette timepiece to celebrate Queen Elizabeth II’s 60th year in power? Did it give you some vision of what to expect? Indeed, this watch is everything one could think of and maybe beyond.

Featuring a unique profile of white gold, the watch has a series of diamond-set links concealing the world’s smallest movement, the miniature Calibre 101. The case is made of white gold and set with 576 diamonds. The bracelet is also made of white gold and set with 400 diamonds.

The Royal-approved Jaeger-LeCoultre Joaillerie 101 Manchette is a limited edition watch from one of the world’s expensive watch brands with only five pieces produced. Pay some millions, and this refined beauty is all yours!

Jaeger LeCoultre Joaillerie 101 Manchette 002 1

5. Patek Philippe Henry Graves Super Complication 

The Patek Philippe Henry Graves Supercomplication is considered a masterpiece of watchmaking and remains one of the world’s most sought-after and valuable complicated wristwatch. The watchmaker created this stunning pocket watch in 1933 for a wealthy banker named Henry Graves Jr.

It took almost five years to design and build this astonishing watch, which is an absolute delight. The watch boasts 24 different complications, including a perpetual calendar, Westminster chimes, sunrise and sunset times, and a celestial map of New York as seen from Grave’s New York home.

Graves owned the Supercomplication until he died in 1953, after which an anonymous buyer purchased it at auction. This was the most complicated timepiece in the world for a long time.

6. Rolex ‘Paul Newman’ Daytona

Rolex is easily the world’s biggest and most popular luxury watch brand. For many, it’s a byword for success, status and exclusivity. Actor, race car driver and enthusiast Paul Newman shared a deep interest in fine watches.

His wife, Joanne Woodard, gifted him an incredibly rare Rolex Cosmograph Daytona as a tribute to his passion. This rare watch features a unique cream and black ‘exotic’ dial and has the words ‘DRIVE CAREFULLY ME’ engraved on the back. The Paul Newman Daytona Ref. 6239 appeals to anyone interested in Hollywood and car racing.

Newman wore the watch during his racing career. Later, he gave it to his daughter’s boyfriend at the time. Hands down, this Daytona is the most exclusive Rolex watch of all time.

One of the most expensive watches was given as a Gift to Paul Newman
One of the most expensive watches was given as a Gift to Paul Newman

7. Jacob & Co Billionaire

The Billionaire lives up to its luxurious luxury watch title and rightfully earns its name. The beautiful skeleton face of the expensive wristwatch is a dazzling presentation of the brand’s rebellious spirit. The watch’s face and bracelet are made of 18ct white gold. 177.11ct of 325 baguette-cut and emerald-cut diamonds decorate the bracelet and case of the Billionaire.

On the dial, you could see the intricately hand-crafted tourbillon movement in function. The rose-cut jewel on the crown adds the cherry on top for one of the world’s finest timepieces.

The Billionaire is a fascinating testament to Jacob & Co’s unmatched watchmaking skills, and wearing this watch on the wrist is sure to make many heads turn. 

8. Chopard 201 Carat Watch

While some love luxury timepieces for their excellent technical skills, others love the bling that some have to offer. Dazzling with a whole range of spectacular colours, this expensive watch from Chopard looks ethereal in all its glory. The stunning Chopard 201 watch has 874 diamonds totalling 201ct, and the centre of the watch comprises three big heart-shaped diamonds in pink, yellow and blue.

The brand took several years to create this one-of-a-kind piece. Sourcing the diamonds, designing the watch, and crafting the final product involved a team of highly skilled artisans and experts.

If that’s not enough, Rich Glare stated that the three heart-shaped stones of the shimmering timepiece open up like flower petals when one presses the spring-loaded mechanism.

Final Words

The most expensive watches in the world are not mere timepieces from luxury watch brands. They are works of art representing the pinnacle of design, innovation, technology and craftsmanship for the prestige wrist couture. All the eight watches listed above are surely some exceptional pieces worth millions of pounds. Which is your favourite pick as a watch connoisseur?