Patek Philippe’s most expensive watch was a yellow-gold pocket watch created in 1932 for New York banker Henry Graves, Jr. The watch, Supercomplication, was created as part of a vain competition Graves had with Ohio automobile engineer James Ward Packard to have commissioned a watch with the most complications in the world. This watch, of course, guaranteed that Graves won the contest. Supercomplication wasn’t surpassed until over fifty years later, when Patek Philippe created the 18k gold Caliber 89 which had a total of thirty-three different functions.

Graves’ watch became the most expensive watch in the world when it was sold at auction in 1999 for over $11 million USD. Caliber 89 went for a mere $6 million.

Chopard’s $25 million watch

Yes, you read that right: twenty-five million dollars. This gaudy timepiece by Chopard is adorned with three heart-shaped diamonds—a 15-carat pink diamond, a 12-carat blue diamond and an 11-carat white diamond. For good measure, they threw in 163 carats of white and yellow diamonds to bring the total to 201 carats of diamonds. The result is something that looks rather like a geode that’s been turned inside out and dipped in lemon Kool-Aid. Add to that the fact that the size of the watch’s face must make telling time into a fun game of Where’s Waldo and you’ll see that Chopard has truly created a recipe for success.

Of course, its $25 million price tag guarantees its place as the world’s most expensive watch for years to come.

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