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A $5-million watch, the world's most expensive, unveiled at show

March 08, 2012|By W.J. Hennigan
  • Hublot's $5-million watch with 1,282 diamonds.
Hublot's $5-million watch with 1,282 diamonds. (Sebastien Bozon / AFP/Getty…)

The world’s most expensive wrist watch, encrusted with 1,282 diamonds, was unveiled by Swiss watchmaker Hublot, according to a report by AFP.

The price? $5 million.

The white-gold watch was revealed this week at the world's biggest watch show, Baselworld Watch and Jewellery Show in Basel, Switzerland.

According to the AFP report, it took 17 people at Hublot 14 months to set the more than 140 carats of diamonds on the watch.

Jean-Claude Biver, president of the watch company, told AFP that it would be difficult to make a more expensive watch "because the surface of the watch is limited."

A quick perusal of Hublot’s website reveals that the company takes pride in over-the-top designs. The company has an entire section reserved for “World Firsts.”

Biver also said that several people have expressed interest in acquiring it. He didn’t provide details.

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