Watches are one of most important fashion accessories for both men and women since its invention. It is a style statement for rich and stylish people. Knowing about the world’s most expensive watches is itself an extremely interesting experience. There are expensive watches with diamond and jewel encrusted in them as well as million dollar luxury watches that only the richest people of the world can afford. There are a few watches whose normal price ranges between five-six figures. But some of the world’s most expensive watches are beyond pricey and fall into the rare category of over $1 million. They can be recognized instantly as they are crafted with gold, diamond or silver with exquisite craftsmanship.