The most expensive watches ever produced in the world

As important as time is, watches and clocks have long been the most cherished treasures worldwide.

Despite the humongous sums of money some brands of watches cost, there are many buyers.

Beyond telling the time, watches tend to elevate a person's clothes or outfits, hence the rave for stylish and expensive ones.

The huge market for this style has inspired some of the world's most expensive watches ever manufactured and bought.

Graff Diamonds Hallucination - $55 million

At $55 million, the Graff Diamonds Hallucination is the most expensive watch in the world. With 110 carats of very rare and very large coloured diamonds, the clock is set in a platinum bracelet.

Graff Diamonds The Fascination - $50 million

This Graff Diamonds piece embodies elegance. The bracelet watch has 152.96 carats of diamonds and a detachable 38.14-carat pear-shaped stone.

Patek Philippe Grandmaster Chime Ref. 6300A-010 - $31 million

Attributed as the most complicated Patek Philippe wristwatch ever made, the $31 million watch has 19 complications, including five chiming modes and a date repeater.

Breguet Grande Complication Marie Antoinette - $30 million

Manufactured in 1783, the Breguet Grande Complication Marie Antoinette watch combines history with advanced features like a thermometer and perpetual calendar. The watch is named after Marie Antoinette, the Queen of France, who was a patron of Breguet's work.

Jaeger-LeCoultre Joaillerie 101 Manchette - $26 million

The Jaeger-LeCoultre Joaillerie 101 Manchette boasts a unique design feature of a seemingly random arrangement of polished or diamond-set links that cleverly conceals the miniature Calibre 101 movement within.