Hublot has sold a $5 million diamond encrusted watch to The Hour Glass in Singapore, one of Asia’s premier luxury watch retailers.
The giant retail group, which sells over 60 luxury brands across 25 boutiques in nine cities throughout Asia Pacific, will first display the watch at its Marina Bay Sands store in Singapore, before taking it on a tour of its other outlets.
The $5 million Hublot watch is believed to be the most expensive piece on show at this year’s Baselworld. The one-off piece, from the Big Bang which has simply been named The $5 Million Watch, carries a total of 1,282 diamonds, including more than 100 carats of baguette diamonds, along with six square emerald cut stones, each weighing more than 3 carats.
The watch took more than 14 months of work to complete including 7 months for the diamond cutters and another 7 months for the setters. Hublot describes it as a gallery of diamonds, with each stone individually chosen to complement the whole piece in a harmonious whole.
“This is the most precious watch ever created by Hublot and its long-standing partner, Atelier Bunter in Geneva,” the company states.
The Hour Glass has not yet commented on its dazzling purchase.