During the most coveted watch show in the world, Watches and Wonders 2023 in Geneva, Jacob & Co. unveiled a one-of-its-kind timeless watch. Blending the functionality of a watch with the elegance of jewellery, the Billionaire Timeless Treasure is encrusted with 425 ultra-rare yellow diamonds. Priced at a jaw-dropping $20 million, it is one of the rarest watches deserving of its name.
The iconic timepiece that glistens with diamonds, has not just caught every attention due to its detailing rather, also due to the slow and painstaking process of sourcing rare yellow diamonds, cutting them, and setting them within an intricate gold bracelet. It also has an engineering skeletonized tourbillon making the watch is amongst one of the most exclusive timepieces in history.
And leave it to Swiss maker Jacob & Co. for creating an extravagant timepiece. The Billionaire Timeless Treasure timepiece has been in the works for three and a half years, with much of that time dedicated just to finding enough yellow diamonds of the same colour and quality to decorate the bracelet, bezel, dial, and crown of the watch. Jacob & Co. claims that it nearly emptied the world’s existing supply of these ultra-rare stones.
Each of the 425 Asscher-cut yellow diamonds were sourced, matched, cut, and set to form the structure of the watch. A total of 10 gemologists took 880 carats of rough precious stone and ended up with 216.89 carats after each stone was finally cut. Seraina Wicht, head of gemology at Jacob & Co, comments, “For the Billionaire Timeless Treasure, we were receiving stones one by one, two by two, three at the most. It happened several times that we spent several weeks without receiving a single one that was worthy of the piece.” On top of the 425 Asscher-cut stones, on the case and bracelet, an additional 76 emerald-cut tsavorites frame the movement which is made up of another 57 baguette-cut yellow diamonds.
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