The 10 Most Expensive Watches Ever

It should come as no surprise that one brand rules the rankings.

By Terry Christodoulou 15/09/2021

The pinnacle timepieces of haute horology are coveted, collectable and, by virtue, command stratospheric prices. So, at Robb Report we’ve compiled a heady list of the world’s most expensive watches to date.

 

Patek Philippe Ref. 5016A-010

Sold the 2015 Only Watch charity auction, Patek Philippe produced a unique piece – ref. 5016. – in an uncharacteristic stainless steel.

The 36.8mm watch hosts a perpetual calendar, minute repeater and tourbillon and had ordinarily (although nothing is ordinary here) been produced in precious metals available to VIP clients through an application process. It’s no wonder this rare example, fitted with a blue enamel dial, sold for approx. $10,800,000.

 

Vacheron Constantin Ref. 57260

The Vacheron Constantin ref. 57260 pocket watch took an alleged 8 years to develop and hosts 57 different complications, 2826 individual components and weights nearly a kilogram (957g to be precise).

So what does one get to lug around such a serious piece of kit? Well, highlights include multiple perpetual calendars (one is clearly not enough), Astronomic and Lunar calendars, sunrise and sunset times, celestial charts and chiming complications.

Arriving in a white gold case that measures 98mm and 50.55mm thick it is biding for the title of most complicated watch in the world.

The task, so great, it even comes with its own website and is rumoured to have cost the anonymous client US$10 million or approx. $13,500,000.

 

 

Patek Philippe Ref. 2523 Gobbi Milan ‘Heures Universelles’

A unique 18-carat pink gold two-crown world time wristwatch with 24-hour indication and double-signed blue enamel dial, the Patek Philippe Ref. 2523 was manufactured in 1953. Described by Christie’s as “breathtakingly rare,” the watch is the only known reference 2523 to feature both Patek Philippe’s signature and that of the prestigious Milan retailer Gobbi. Sold at Christie’s Hong Kong in November 2019 for approx. $12,304,908

 

Patek Philippe Ref. 1518 In Stainless Steel

The Patek Philippe Ref. 1518 perpetual calendar chronograph in stainless steel is so rare that not even the Patek Philippe Museum in Geneva has one. Widely considered the brand’s defining reference, the 1518 was the world’s first perpetual chronograph wristwatch to be produced in a series by any manufacturer. Sold at Phillips Geneva Watch Auction: FOUR in November 2016 for $16, 300,000.

Rolex “Paul Newman” Daytona Ref. 6239

 

The Rolex Ref. 6239 “Paul Newman” Cosmograph Daytona is a stainless steel chronograph wristwatch with off-white “exotic” dial and tachymeter bezel, purchased by Joanne Woodward, likely in 1968, as a gift for actor and budding motorsport racer Paul Newman. Sold at Phillips’ Winning Icons sale in New York in October 2017 for approx. $24.2 million.

 

Jacob & Co. Billionaire Watch

While it may not be as technically complicated as some of the timepieces on this list, it certainly has its own appeal – at least to champion boxer, Floyd Mayweather Jr.

The aptly named “Billionaire Watch” is a feat of impressive luxury watch gem setting with 325 baguette-cut and emerald-cut diamonds covering the entirety of the watch.

Not to be outshone by the diamonds, the JCAM09 calibre inside features a tourbillon movement that is entirely skeletonised. At approx. 27,750,000 it’s about as flashy as it gets. 

Chopard 201 Carat Watch

 

Chopard is both an elevated jeweller and esteemed watchmaker and here, with the Chopard 201 carat Watch has exemplified its expertise in both.

The watch sees 874-high grade coloured diamonds set in a combination of yellow and white gold. Here, the centrepiece is a trio of three different coloured heart-shaped diamonds with a combined weight of 39.52 carats. A hidden button works a mechanism to open the three stones like petals of a flower revealing the face of the watch.

For approx. $29,580,000, it’s a colourful way to spend it.

 

Patek Philippe Henry Graves Supercomplication

Commissioned by New York banker Henry Graves Jr,. this ‘holy grail’ of modern watchmaking by Patek Philippe is made from 18-carat gold and boasts 24 different complications.

The 74mm timepiece sees 920 individual components, two dials, a perpetual calendar, moon phases, split-seconds chronograph, sunrise and sunset times and a celestial star chart. It’s also a minute repeater and a grande and petite sonnerie.

Although likely worth more today, it was last sold in 2014 for approx. $34,435,000.

Breguet Grande Complication No. 160 Marie Antoinette

In 1783, a mysterious admirer of Marie Antoinette hers ordered from Breguet, as a gift for the Queen.  The Breguet workshop spent 44 years producing the 63mm pocket watch. Thought to be lost when stolen from an Israeli museum in 1983, it was recovered in 2007 – estimated to have a value of approximately US$30 million (approx. $44,360,000).

What did Marie Antoinette commission? Transparent rock crystal dial that not only tells time but temperature, celestial time and the power reserve. Also arrives with a minute repeating complication and chronograph function.

Often referred to as the Mona Lisa of the watchmaking world, it’s a complicated work of art.

 

Patek Philippe Grandmaster Chime Ref. 6300A-010

The Patek Philippe Ref. 6300A-010 “Grandmaster Chime,” is a unique stainless-steel version of a timepiece introduced in 2014 to mark the watchmaker’s 175th anniversary. The double-face reversible watch boasts 1,366 movement components and 214 case components and features 20 complications, including a perpetual calendar, a minute repeater, a second-time zone, a leap year cycle and esoteric chiming mechanisms known as grand and petite sonneries. Sold at Only Watch auction in Geneva in November 2019 for approx. $45,840,000.

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Best of Europe: Grand Hotel Des Étrangers

Fall for a Baroque beauty in Syracuse, Italy.

By Robb Report Team 06/05/2024

Sicily has seen a White Lotus–fuelled surge in bookings for this summer—a pop-culture fillip to fill up its grandes dames hotels. Skip the gawping crowds at the headline-grabbers, though, and opt instead for an insider-ish alternative: the Grand Hotel des Étrangers, which reopened last summer after a gut renovation.

It sits on the seafront on the tiny island of Ortigia in Syracuse, all cobbled streets and grand buildings, like a Baroque time capsule on Sicily’s southeastern coast. 

Survey the entire streetscape here from the all-day rooftop bar-restaurant, Clou, where the fusion menu is a shorthand of Sicily’s pan-Mediterranean history; try the spaghetti with bottarga and wild fennel or the sea bass crusted in anchovies. Idle on the terrace alfresco with a snifter of avola, the rum made nearby. 

Image: Benedetto Tarantino

As for the rooms, they’ve been renovated with Art Deco–inflected interiors—think plenty of parquet and marble—but the main asset is their aspect: the best of them have private balconies and a palm tree-fringed view out over the Ionian Sea. Doubles from around $665; desetranger.com

 

 

 

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Watch of the Week: TAG Heuer Formula 1 | Kith

The legendary sports watch returns, but with an unexpected twist.

By Josh Bozin 02/05/2024

Over the last few years, watch pundits have predicted the return of the eccentric TAG Heuer Formula 1, in some shape or form. It was all but confirmed when TAG Heuer’s heritage director, Nicholas Biebuyck, teased a slew of vintage models on his Instagram account in the aftermath of last year’s Watches & Wonders 2023 in Geneva. And when speaking with Frédéric Arnault at last year’s trade fair, the former CEO asked me directly if the brand were to relaunch its legacy Formula 1 collection, loved by collectors globally, how should they go about it?

My answer to the baited entreaty definitely didn’t mention a collaboration with Ronnie Fieg of Kith, one of the world’s biggest streetwear fashion labels. Still, here we are: the TAG Heuer Formula 1 is officially back and as colourful as ever.

As the watch industry enters its hype era—in recent years, we’ve seen MoonSwatches, Scuba Fifty Fathoms, and John Mayer G-Shocks—the new Formula 1 x Kith collaboration might be the coolest yet. 

TAG Heuer
TAG Heuer

Here’s the lowdown: overnight, TAG Heuer, together with Kith, took to socials to unveil a special, limited-edition collection of Formula 1 timepieces, inspired by the original collection from the 1980s. There are 10 new watches, all limited, with some designed on a stainless steel bracelet and some on an upgraded rubber strap; both options nod to the originals.

Seven are exclusive to Kith and its global stores (New York, Los Angeles, Miami, Hawaii, Tokyo, Toronto, and Paris, to be specific), and are made in an abundance of colours. Two are exclusive to TAG Heuer; and one is “shared” between TAG Heuer and Kith—this is a highlight of the collection, in our opinion. A faithful play on the original composite quartz watch from 1986, this model, limited to just 1,350 pieces globally, features the classic black bezel with red accents, a stainless steel bracelet, and that creamy eggshell dial, in all of its vintage-inspired glory. There’s no doubt that this particular model will present as pure nostalgia for those old enough to remember when the original TAG Heuer Formula 1 made its debut. 

TAG Heuer
TAG Heuer

Of course, throughout the collection, Fieg’s design cues are punctuated: the “TAG” is replaced with “Kith,” forming a contentious new brand name for this specific release, as well as Kith’s slogan, “Just Us.”

Collectors and purists alike will appreciate the dedication to the original Formula 1 collection: features like the 35mm Arnite cases—sourced from the original 80s-era supplier—the form hour hand, a triangle with a dot inside at 12 o’clock, indices that alternate every quarter between shields and dots, and a contrasting minuterie, are all welcomed design specs that make this collaboration so great. 

Every TAG Heuer Formula 1 | Kith timepiece will be presented in an eye-catching box that complements the fun and colour theme of Formula 1 but drives home the premium status of this collaboration. On that note, at $2,200 a piece, this isn’t exactly an approachable quartz watch but reflects the exclusive nature of Fieg’s Kith brand and the pieces he designs (largely limited-edition). 

TAG Heuer
TAG Heuer

So, what do we think? It’s important not to understate the significance of the arrival of the TAG Heuer Formula 1 in 1986, in what would prove integral in setting up the brand for success throughout the 90’s—it was the very first watch collection to have “TAG Heuer” branding, after all—but also in helping to establish a new generation of watch consumer. Like Fieg, many millennial enthusiasts will recall their sentimental ties with the Formula 1, often their first timepiece in their horological journey.  

This is as faithful of a reissue as we’ll get from TAG Heuer right now, and budding watch fans should be pleased with the result. To TAG Heuer’s credit, a great deal of research has gone into perfecting and replicating this iconic collection’s proportions, materials, and aesthetic for the modern-day consumer. Sure, it would have been nice to see a full lume dial, a distinguishing feature on some of the original pieces—why this wasn’t done is lost on me—and perhaps a more approachable price point, but there’s no doubt these will become an instant hit in the days to come. 

The TAG Heuer Formula 1 | Kith collection will be available on Friday, May 3rd, exclusively in-store at select TAG Heuer and Kith locations in Miami, and available starting Monday, May 6th, at select TAG Heuer boutiques, all Kith shops, and online at Kith.com. To see the full collection, visit tagheuer.com

 

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8 Fascinating Facts You Didn’t Know About Aston Martin

The British sports car company is most famous as the vehicle of choice for James Bond, but Aston Martin has an interesting history beyond 007.

By Bob Sorokanich 01/05/2024

Aston Martin will forever be associated with James Bond, ever since everyone’s favourite spy took delivery of his signature silver DB5 in the 1964 film Goldfinger. But there’s a lot more to the history of this famed British sports car brand beyond its association with the fictional British Secret Service agent.

Let’s dive into the long and colourful history of Aston Martin.

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What Venice’s New Tourist Tax Means for Your Next Trip

The Italian city will now charge visitors an entry fee during peak season. 

By Abby Montanez 01/05/2024

Visiting the Floating City just got a bit more expensive.

Venice is officially the first metropolis in the world to start implementing a day-trip fee in an effort to help the Italian hot spot combat overtourism during peak season, The Associated Press reported. The new program, which went into effect, requires travellers to cough up roughly €5 (about $AUD8.50) per person before they can explore the city’s canals and historic sites. Back in January, Venice also announced that starting in June, it would cap the size of tourist groups to 25 people and prohibit loudspeakers in the city centre and the islands of Murano, Burano, and Torcello.

“We need to find a new balance between the tourists and residents,’ Simone Venturini, the city’s top tourism official, told AP News. “We need to safeguard the spaces of the residents, of course, and we need to discourage the arrival of day-trippers on some particular days.”

During this trial phase, the fee only applies to the 29 days deemed the busiest—between April 25 and July 14—and tickets will remain valid from 8:30 am to 4 pm. Visitors under 14 years of age will be allowed in free of charge in addition to guests with hotel reservations. However, the latter must apply online beforehand to request an exemption. Day-trippers can also pre-pay for tickets online via the city’s official tourism site or snap them up in person at the Santa Lucia train station.

“With courage and great humility, we are introducing this system because we want to give a future to Venice and leave this heritage of humanity to future generations,” Venice Mayor Luigi Brugnaro said in a statement on X (formerly known as Twitter) regarding the city’s much-talked-about entry fee.

Despite the mayor’s backing, it’s apparent that residents weren’t totally pleased with the program. The regulation led to protests and riots outside of the train station, The Independent reported. “We are against this measure because it will do nothing to stop overtourism,” resident Cristina Romieri told the outlet. “Moreover, it is such a complex regulation with so many exceptions that it will also be difficult to enforce it.”

While Venice is the first city to carry out the new day-tripper fee, several other European locales have introduced or raised tourist taxes to fend off large crowds and boost the local economy. Most recently, Barcelona increased its city-wide tourist tax. Similarly, you’ll have to pay an extra “climate crisis resilience” tax if you plan on visiting Greece that will fund the country’s disaster recovery projects.

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Omega Reveals a New Speedmaster Ahead of the Paris 2024 Olympics

Your first look at the new Speedmaster Chronoscope, designed in the colour theme of the Paris Olympics.

By Josh Bozin 26/04/2024

The starters are on the blocks, and with less than 100 days to go until the Paris 2024 Olympics, luxury Swiss watchmaker Omega was bound to release something spectacular to mark its bragging rights as the official timekeeper for the Summer Games. Enter the new 43mm Speedmaster Chronoscope, available in new colourways—gold, black, and white—in line with the colour theme of the Olympic Games in Paris this July.

So, what do we get in this nicely-wrapped, Olympics-inspired package? Technically, there are four new podium-worthy iterations of the iconic Speedmaster.

Omega

The new versions present handsomely in stainless steel or 18K Moonshine Gold—the brand’s proprietary yellow gold known for its enduring shine. The steel version has an anodised aluminium bezel and a stainless steel bracelet or vintage-inspired perforated leather strap. The Moonshine Gold iteration boasts a ceramic bezel; it will most likely appease Speedy collectors, particularly those with an affinity for Omega’s long-standing role as stewards of the Olympic Games.

Notably, each watch bears an attractive white opaline dial; the background to three dark grey timing scales in a 1940s “snail” design. Of course, this Speedmaster Chronoscope is special in its own right. For the most part, the overall look of the Speedmaster has remained true to its 1957 origins. This Speedmaster, however, adopts Omega’s Chronoscope design from 2021, including the storied tachymeter scale, along with a telemeter, and pulsometer scale—essentially, three different measurements on the wrist.

While the technical nature of this timepiece won’t interest some, others will revel in its theatrics. Turn over each timepiece, and instead of a transparent crystal caseback, there is a stamped medallion featuring a mirror-polished Paris 2024 logo, along with “Paris 2024” and the Olympic Rings—a subtle nod to this year’s games.

Powering this Olympiad offering—and ensuring the greatest level of accuracy—is the Co-Axial Master Chronometer Calibre 9908 and 9909, certified by METAS.

Omega

A Speedmaster to commemorate the Olympic Games was as sure a bet as Mondo Deplantis winning gold in the men’s pole vault—especially after Omega revealed its Olympic-edition Seamaster Diver 300m “Paris 2024” last year—but they delivered a great addition to the legacy collection, without gimmickry.

However, the all-gold Speedmaster is 85K at the top end of the scale, which is a lot of money for a watch of this stature. By comparison, the immaculate Speedmaster Moonshine gold with a sun-brushed green PVD “step” dial is 15K cheaper, albeit without the Chronoscope complications.

The Omega Speedmaster Chronoscope in stainless steel with a leather strap is priced at $15,725; stainless steel with steel bracelet at $16,275; 18k Moonshine Gold on leather strap $54,325; and 18k Moonshine Gold with matching gold bracelet $85,350, available at Omega boutiques now.

Discover the collection here

 

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