$55 Million Timepiece: Graff "Hallucination"

This dazzling kaleidoscope of candy colored diamonds is actually a watch. Unveiled by Graff Diamonds, the "Hallucination" is said to be the most expensive watch ever created. The London-based diamond and jewelry firm is famous for unique designs that showcase some of the rarest gems in the world. The "Hallucination" was created to debut at the 2014 Baselworld watch and jewelry fair currently underway in Switzerland.

The whimsical ladies’ timepiece has a pink face and features 110 carats of colored diamonds, including various shades of pink, yellow, blue, orange and green. Graff’s designers worked with a wide range of diamond shapes, including round, oval, pear, marquise, heart, princess, shield, hexagonal and emerald cuts.

A team of designers, gemologists and master craftsmen collaborated on the "Hallucination", which reportedly took thousands of hours to complete. The concept for the design came directly from Lawrence Graff, the chairman of Graff Diamonds, who calls the amazing watch "a celebration of the miracle of colored diamonds."

The concept for the Graff Hallucination came directly from Laurence Graff, chairman of Graff Diamonds, with Graff’s highly skilled team of designers, gemologists and master craftsmen working intensively for thousands of hours in order to perfect the piece.
Commenting on the timepiece, he said: “The Graff Hallucination is a sculptural masterpiece; a celebration of the miracle of colored diamonds.
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