Despite the existence of smart watches in the market, luxury watches have not lost their popularity. A whole lot of people are still crazy after them. Watches are taken as an age old tradition, dating back to almost 16th century. They are considered an important accessory for men. According to general perceptions, wearing a good wristwatch describes almost everything about one’s personality. Now when we talk about style, the factor of luxury automatically sneaks in. This is when things start getting costly. Buying one of the luxurious wristwatches may cost you millions of dollars but if they are embossed with precious stone and crafted by hands then they worth every penny of it.
Wearing a piece of brilliance and timeless art on your wrist makes you feel incredible about yourself. This is what makes these beautifully crafted timepieces unique and extravagant. A lot of evolution and innovation has been made in the field of luxurious watches with time as they keep on getting better and better. So, the time has come for us to have a look at the names of five most expensive watch brands in the world and find out what are the factors that make them so popular and costly.
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A. Lange & Sohne
A. Lange & Sohne is a wristwatch brand of German origin. They are absolutely perfect at watch making. Each watch that is produced by this company is a masterpiece. It was a company founded in 1845 and at that time, they were expert at making high quality pocket watches. 1990 was the year of revival of this company as it was closed down in 1948 for some reasons. After a gap of a few decades, they made a comeback in 1994 while introducing their newly invented watch at that time and up till now they are performance is quite satisfactory in the market.
Coming to the prices of A. Lange & Sohne timepieces, you would still be required to spend $4000 to buy their cheapest watch. While talking about the expensive ones, the price of the can go beyond a staggering amount of $2 million.
According to the experts, Patek Phillipe is one of the most highly-ranked watchmakers. It has a rich history and its foundation was late in 19th century. Having hands-on experience of over 160 years, the timepieces produced by this company are highly prestigious. Since the very beginning, they had the honor of supplying watches to Queen Victoria. Almost all of their watches are powered by an incredibly complex mechanism making them extraordinarily unique and pricey.
The price tags of their luxury watches usually go from $10,000 to $780,000. You must be thinking that it is quite a lot of amount to be spent on a watch but this information will surely let you to give your opinion a second thought. One of their astounding creation known as the Henry Grave was sold for $11million in 1999, and then again for $24 million in 2014. Now that is what you actually call a gigantic amount of money.
Formed in 1735 by Jehan-Jaques Blancpain, all of the products from this company are crafted with extreme precision and delicacy. These are the features that make their every watch incredibly unique and precious. To retain the extravagance in the quality of their timepieces, they only produce about 30 watches annually and it makes you realize that getting your hands on one of their luxury watches wouldn’t be easier for anyone.
Price tags for Blancpain timepieces start from $6000 till $500,000. They are internationally recognized as one of the masters who producing quality wristwatches that run on a complicated mechanism.
Powered by raging mechanics and flaunting the extraordinary style, this Swiss watch brand came into existence when Carlos Diaz and Roger Dubuis partnered and ventured in the field of watchmaking. Although the global market of luxury watches have already some dominant players who exist in this field from centuries, but being only 20 years old Roger Dubuis is performing extremely well. Their incredible craftsmanship is finely reflected from the quality of their timepieces.
The luxury watches from this brand have been priced from $11,000 to $156,000. Entering the million dollar watch race, Roger Dubuis has produced an outstanding piece of art with RD101 movement, having a whooping price tag of $1,125,000.
It is this company that was founded in 1755 by Jean-Marc Vacheron has has an uninterrupted history in watchmaking. Over the course of time the quality of their products has just been refined. These are the facts that made thos brand one of the oldest and finest watchmakers. They have produced masterpieces for Napoleon Bonaparte and many other influential historical figures.
Well, if you go for the cheapest option in terms of watch that this brand offers than you have to pay at least $11,000 dollars to own one. In order to commemorate their 250th anniversary, Vacheron Constantin produced about seven limited edition watches with some of the most astounding features and they were sold for $1,538,160 each. They were driven by sophisticated mechanism and were titled as the most complicated watches in history.
What justifies spending millions on luxury watches?
There are many factors that motivate people to buy luxury watches. Just like women are fond of expensive jewelry, the same case implies on men when talking about pricey wristwatches. There are many factors that attract individuals to buy these timepieces like prestigious quality, renowned brand name, reflection of seamless art and most importantly the attractiveness. In this world when everything around us has been modernized, these timepieces are classic and have the power to hold precious moments with in them.
Another common perception found among people about these luxury timepieces is that they are taken as investments. These watches last years and those who buy them know their real value, not only in monetarily sense but also in a way that they become a reflection of their personal style. It is also to be remembered that the value of these timepieces remains preserved no matter how many years have passed.