According to the President of the Swiss watch industry, Jean-Daniel Pasche, there are many people who would like to own a Swiss watch as they find the brand’s products are very attractive. Swiss firm Hublot has displayed its most expensive watch at a corporate event in Basel. A Swiss watch maker unveiled this week on March 7th the white gold watch, the world’s most costly watch with a price tag of five million dollars at the biggest watch show of the world, Baselworld watch and jewelry show in Basel, Switzerland. President of the company told it would be very difficult to create an expensive watch as watch’s surface will be limited. Their website made it a point that the company would be proud for its top designs which is world’s first of its kind.
The wrist watch with diamond laden model will be the star of the show where about 1,815 exhibitors from forty one countries with 100,000 visitors are expected for the show which is going to be held between March 8th and March 15 2012.The watch is encrusted with more than 1200 diamond including six precious stones of each three carats. It is created with the labor of seventeen people for fourteen months to set one hundred and forty carats of diamonds on the bracelet of white gold watch which was opened to the public on Thursday.
The watch was fashioned with the large diamonds by the New York based master setter. The Swiss watch makers are successful this year in spite of economic downturn in Europe.