Bloomberg BusinessWeek Lists Most Expensive Watches of 2010

2010 means that more diamonds, gold, platinum, chronographs and tourbillions are set to make their mark in the world of chronology. Combine them and you have the elements that make up the most expensive watches of 2010. The world’s most prestigious and renowned watchmakers have submitted their picks for the most expensive watches of the year, based on aesthetics and technical functions. Here’s a few that made the list:

• Tag Heuer’s Monaco V4 is priced at $80,000, but despite that relatively exorbitant price tag, it’s probably one of the cheaper ones on this list. The world’s first and only belt-driven timepiece was inspired by maker Moët Hennessy Louis Vuitton’s (LVMH) love for cars. Though only 150 pieces were manufactured, the Monaco V4 is highly durable and requires less maintenance because of the belts and micro ball bearings.

• The L'Astronomo Luminor Tourbillion 1950 Equation of Time pays tribute to Galileo Galilei, as each piece is engraved with the client’s hometown, located on the back near the rotating sky chart of the city. Cast in rose gold and priced $235,000 each, only 30 of these limited edition luxury watches will be produced.

• Although Swiss watchmaker IWC’s Grande Complication was first launched 20 years ago, it continues to makes its mark in the world of watchmaking. Featuring a perpetual calendar with a moon phase, minute repeater, and chronograph with automatic movement, only about 50 pieces are manufactured annually. The platinum version is priced at $318,000 while the Portuguese-style case costs $220, 567.

• With a price of $508,000, Chopard’s Secret luxury watch features a pave-set diamond dial and a frame adorned with 19 carat diamonds in brilliant, baguette, and square cuts. Only two Secret watches have been produced so far.

• From Breguet comes the Classique 5349 Grande Complication at the price of $755,000. With twin tourbillons rotating in a platinum case lined with diamonds, this piece has more than 570 parts and is protected by three patents for its “superior precision and technological mastery”.

• For approximately $1,091,869, watch collectors can own Patek Philippe’s Sky Moon Tourbillon. The first double-faced watch has a nocturnal sky with the stars, moon, moon phases and sidereal time. The ultimate luxury watch also has a perpetual calendar, tourbillon, and a minute repeater.

• The title of most expensive watch belongs to Louis Moinet’s Meteoris, priced at an astonishing $4,599,487. With a set of four tourbillon watches, each made from a different material such as a meteorite from Mars, the moon, an asteroid, and the “Rosetta Stone”, the Meteoris comes with a planetarium that makes its price worth paying for.