Most expensive watches of the year

Published: December 21, 2014 12:24:58 AM

THERE’S NOTHING that conveys your financial status more than what you wear on your wrist...

THERE’S NOTHING that conveys your financial status more than what you wear on your wrist. The world of luxurious timepieces has expanded in recent times as technology, innovation and ornamentation combine to produce watches that are truly unique and spell class and elegance apart from money. Notably, the brand that features the most is Patek Phillippe, but not as number one. Venture Capital Post has listed the 10 most expensive watches sold across the globe in 2014:

Chopard 201: This is more jewellery than timepiece, but nothing shouts luxury like this. This 201-carat watch has been around for a while and it remains the most expensive watch you can buy at $25 million. Yes, you read that right.

Patek Philippe Reference 1527 watch: This watch comes with a history. It was owned by the Stern family, the owners of Patek Philippe. It features curved contours that, when worn, fit perfectly on the wrist. It is also a very complicated watch because it features a silver dial, perpetual calendar and gold Arabic numerals made of 18-carat gold. It costs $5 million.

Breguet & Fils 2667 Precision watch: This is a rare timepiece first sold in 1814. The current version is made of 19-carat gold and features two movements. It was auctioned for almost $4.7 million.

Louis Moinet Meteoris watch: The history attached to this watch is what makes it so valuable. Designer Moinet decided to use pieces of meteorites to make a set of watches. He collaborated with meteorite hunter Luc Labenne to collect pieces from the moon, a Mars meteorite and an asteroid. The result was the creation of four extremely rare tourbillon watches worth over $4.5 million each.

Patek Philippe 1939 Platinum watch: This platinum watch was the original ode to wind itself and tells users the time from different parts of the globe. It sold at an auction for $4 million.

Patek Philippe Henry Graves Pocket Watch: The strange name is because it was originally made for an American banker named Henry Graves. This 18-carat gold watch houses over 900 parts, which took five years to be completed. This limited-edition pocket watch retails for $11 million.

Patek Philippe 1928 watch: This single-button chronograph watch is equally historical. Its luxury stems, literally, from a 34-mm cushion-shaped button made from 18-carat white gold. It sells for $3.5 million.

Piaget Emperador Temple watch: This unique watch is encrusted all over with gems and diamonds, and has a pyramid-shaped design. The design allows the watch to open twice: the first opening over a mother-of-pearl and diamond face, and the other with a larger face containing tourbillon and power indicator. Hundreds of perfectly-cut diamonds are fitted into the watch. It costs $3 million.

Patek Philippe 1953 Model: This Heures Universelles watch is made from 18-carat yellow gold, featuring a polychrome and an enamel dial that resembles the continent of North America. It costs $2.8 million.

Cartier Secret watch: This watch is made from 18-carat white gold that is plated with rhodium. Despite featuring a 3.5-carat portrait-cut diamond, what makes it expensive is that the watch covering is made up of more than 3,000 brilliant-cut diamonds. It costs $2.5 million.

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