What are the most expensive handbags and watches in the world? From diamond-encrusted record-holders to auction legends, here are the 2026 headline pieces — and a more attainable way to own authentic luxury.
Most expensive handbags in the world
- Mouawad 1001 Nights Diamond Purse — ~$3.8 million. The most expensive handbag in the world (Guinness World Record), in 18k gold set with 4,500+ diamonds.
- Hermès Diamond Himalaya Birkin — ~$450,000–500,000. The "rarest handbag in the world," in pale Niloticus crocodile with diamond-set white-gold hardware.
- Hermès Himalaya Kelly and diamond-set exotic Birkins regularly clear six figures at auction, making Hermès the dominant name at the top of the bag market.
Most expensive watches in the world
- Graff Diamonds Hallucination — ~$55 million. The most valuable watch ever made, with 110+ carats of coloured diamonds set in platinum.
- Patek Philippe Grandmaster Chime Ref. 6300A — ~$31 million. The most expensive wristwatch ever sold at auction (2019 Only Watch), with 20 complications and a reversible dual dial.
- Rolex "Paul Newman" Daytona (Paul Newman's own) sold for ~$17.8 million, the benchmark for vintage collector watches.
How to own authentic luxury for less
These record pieces are collector and auction territory — but real luxury is more attainable than it looks. The pre-owned market puts authenticated Hermès, Chanel, Rolex, Cartier and more within reach at well below retail. On Libas Collective, a Dubai marketplace for authenticated pre-owned luxury, every piece can be verified before purchase, with delivery across the UAE and worldwide. Shop pre-owned bags → · Shop pre-owned watches →
