Graff Diamonds The Fascination ~ Price: $40 Million

The watch consists of 152.96 carats of white diamonds with a center fancy-cut exquisitely rare stone that is a 38.13-carat D Flawless pear shaped diamond that detaches into a ring.

According to Laurence Graff, the founder and chairman of Graff Diamonds: “The Fascination is an outstanding piece, carefully crafted so it can be worn in a number of different ways – adding a touch of magic to the jewel,”