If I Had $500k to Spend on a Watch, Which Watch Would I Buy?

Splashing over $500 thousand on a wristwatch is not a purchase that would make sense to everyone. But for those who get it, buying a high-end luxury watch isn’t just about getting an instrument to tell the time. An expensive watch is a statement piece meant to demonstrate style and class. 

Luxury watchmakers like Audemars Piguet, Patek Philippe, and Richard Mille invest significant effort in creating these complex horological instruments. These watches feature complex gears that tell the time and perform other intricate functions. They also come in elegant designs that will surely get the attention of anyone who recognizes watches. 

Each watch is carefully built by expert watchmakers, with casing machined to perfection and hundreds of internal components assembled with great attention to detail. Expensive luxury watches are perfect for anyone who appreciates expert horology or a watch lover who wants a new toy. 

Regardless of your category, the good thing about a $500K budget is that it leaves you with plenty of options. In this post, we will list some of the best watches to consider buying if you have $500k to spend on a watch, discussing some of the attributes that make these watches worth the price tag. 

Richard Mille RM 35-03 

The Richard Mille RM 35-03 is an automatic sports watch inspired by the RM 027 Tourbillon developed by Richard Mille for Tennis Legend Rafael Nadal. This timepiece is part of the watchmaker’s Baby Nadal series, joining the catalog in 2022 as the fourth watch in the collection. 

Like the other Nadal watches, this timepiece is renowned for being extremely lightweight and durable.  Richard Mille made this watch durable enough to be worn on the tennis court without getting in the way of the wearer’s activity. This model is made from Carbon and Quartz TPT, exclusive materials with a unique appearance and extreme lightness. 

On top of that, Richard Mille included a butterfly rotor mechanism in this timepiece. This patented invention customizes the movement’s winding to the wearer’s activity level. This is an important innovation for a timepiece meant to be worn for high-energy activities. The watch also has a free spring balance wheel with variable inertia, which guarantees greater reliability when subjected to shocks and movement. 

The RM 35-03 baby Nadal sells for about $423,000 to $535 in the secondary market. The price tag feels right for a high-end Richard Mille sports watch with cool horological features and affiliations with a sports legend like Nadal. 

Patek Philippe Nautilus 5976 

The Patek Philippe Nautilus 5976 is a special timepiece because it is a limited edition model released to celebrate the 40th anniversary of the Nautilus collection. Patek only produced 1300 copies of this timepiece, which explains its high price tag. While this Patek Philippe Nautilus was sold for less than $100,000 in retail, the secondary market price of this watch can be up to $500,000 or even higher.

The white gold Nautilus chronograph comes with an oversized 44mm casing, the largest size category of the Nautilus family.  One unique identifier of this timepiece is the prominent commemorative embossing on the blue dial between the  10 and 2 o'clock positions. It reads "1976-40-2016", confirming the iconic status of this timepiece as an anniversary model. This watch also has indexes made of baguette-cut and princess-cut diamonds. 

The Patek Philippe Nautilus 5976 is a hefty watch with significant wrist presence, which is just what you’d expect for a timepiece of its price tag. As for its functionality, this is a chronograph timepiece powered by the automatic CH 28-520 C caliber, which delivers precise timekeeping and accurate chronograph functionality. 

Patek Philippe Nautilus 5711

The Patek Philippe Nautilus 5711 is one of the most iconic luxury sports watches ever made. Launched in 2006, it quickly became the flagship model of the renowned Nautilus collection, which first debuted in 1976. Designed by the legendary Gérald Genta, the Nautilus line perfectly combines elegance and sportiness, making it a favorite among watch enthusiasts. 

The 5711 became one of the most sought-after luxury watches globally, known for its understated elegance and rarity. It is especially praised for its simplicity, timeless design, and prestigious reputation. Whether you're a collector or simply passionate about luxury timepieces, the Patek Philippe Nautilus 5711 is a must-have for any watch lover.

The production of the iconic Patek Philippe 5711 watch was officially discontinued in 2021. This announcement included a special "farewell" release of a stunning green-dial variant, known as the 5711/1A-014. The discontinuation of the 5711 has significantly increased its desirability among collectors and watch enthusiasts alike, making it a highly sought-after piece in the luxury watch market.

The watch was initially priced at approximately $30,000, varying by version. However, due to its cult status and limited availability, pre-owned models now often sell for over $100,000 in the secondary market. Rare models can command even higher prices, making them highly sought after by collectors. If you're looking to invest in a luxury timepiece, this watch's value and exclusivity make it a standout choice.

Richard Mille RM 65-01

The Richard Mille RM 65-01 has been hailed as one of the most complex Richard Mille watches ever, so the prize tag is perfectly understandable. Launched in 2020, this watch is more complicated than any other automatic timepiece the Richard Mille Brand produced. 

It is an automatic winding split-second chronograph capable of timing events for up to 12 hours, along with several other functions. These include a date display, a function selector, a rapid winding mechanism, and a variable geometry rotor. The watch is powered by the RMAC4 Caliber with over 600 individual components.  

Besides being technically sophisticated, the RM 65-01 has high-end aesthetics that make it useful as an everyday timepiece. Richard Mille even has a version of this timepiece modeled after the McLaren W1, one of the greatest Formula 1 cars.

To get this highly complex sports timepiece, you’ll need to shell out between $250,000 to over $500,000 if you’re buying in the secondary market. While the titanium model is generally cheaper, you’ll need a bigger budget if you purchase this watch's Quartz TPT or Carbon TPT variants. 

Patek Philippe Nautilus 5719/1G

If you’re looking to buy a $500k watch, you should get ready for diamonds - lots of diamonds. Many watches in this category are typically stone-studded to give them a luxurious appearance while boosting their price tag. The Patek Philippe Nautilus 5719/1G is a prime example of this type of blinged-up timepiece. 

The Patek Philippe Nautilus 5719 has a white gold case and bracelet decorated with numerous diamonds. In total, the watch has up to 1675 diamonds, which is just as blinged-up as a timepiece can get.

 Although this watch's high price tag and luxurious appearance make it less likely to be worn for diving or on a fishing trip, it offers a water resistance of 120 meters. With this, you can be certain that the watch won’t get damaged if wet.

Audemars Piguet Royal Oak Offshore Music Edition 15601 BC

This timepiece is a limited edition of the Audemars Piguet Royal Oak Offshore, dedicated to music lovers. AP launched five versions of this watch in 2022, available in 37mm and 43mm size options. Different case material options for this timepiece include titanium black ceramic and 18k white gold. 

All models of this timepiece are characterized by colorful dials, with vibrant equalizer motifs that celebrate Audemars Piguet’s long-standing association with the music world. The line of watches is equipped with self-winding mechanical movements, with Caliber 5909  and Caliber 4309 for the 37mm and 43mm variants, respectively. 

The white gold variant of this timepiece is the most colorful. In addition to the vibrant motif on the dial, this watch also has colored harmony-cut gemstones on its dial and bezel. The rocks included are rubies, peridots, tsavorites, green, blue, and orange sapphires.  

Patek Philippe Perpetual Calendar Chronograph Grand Complications 5271/12P-010

We round up this list with a timepiece slightly above $500K in the secondary market. The Patek Philippe Grand Complications 5271 is an impressive Patek Philippe timepiece with multiple features. This watch is powered by a manually-wound movement with a chronograph function, instantaneous 30-minute counter, perpetual calendar, moon phases, leap year, and day/night indicator. 

The Patek Philippe Classic 5271/12P is part of the Patek Philippe Grand Complications line and is made from platinum material. The 41mm timepiece has a slim profile and an understated charm. However, this watch's bold lacquered red dial adds a vibrancy that ensures that it always stands out on the wrist. This timepiece also features 80 baguette-cut rubies on its bezel, lugs, and clasps, with intense color designed to match the dial color. 

Audemars Piguet Royal Oak Concept Tourbillon "spider-man" 26631IO

The Royal Oak Concept Spider-Man timepiece is the second timepiece of Audemars Piguet’s collaboration with Marvel Studios, which began in 2021. The first watch was a Black Panther timepiece limited to 250 pieces. 

This time, Audemars Piguet has created a timepiece dedicated to the friendly neighborhood superhero. The 42mm Royal Oak Concept Tourbillon timepiece is made from titanium, with a specific case for this model. The bezel and crown of this watch are made of black ceramic material. The dial is heavily skeletonized, and a Spiderman figure appears floating on the watch face. 

AP also created a unique piece for this reference, designed specifically for charity. In this model, the Spiderman character is wearing his dark suit. This unique piece, made from white gold instead of titanium like the regular version, was sold for 6.2 million at a Christie’s auction

Conclusion 

In high-end timepieces, a $500k watch will always represent the pinnacle of horological mastery and precision. Buying any of the timepieces listed here is an opportunity to own a unique piece that will impress anyone with discerning eyes. While the high price tag isn’t for everyone, these watches are some of the best the horological world offers and are worth having for anyone with enough money to afford them.