This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 9.5 million US dollars. The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction. This price is the aggregate of the hammer price (i.e., the winning bid or sale price at the auction) plus any buyer's premium paid to the auction houses (where levied, and in accordance with the rates charged by the relevant auction house). While the rates of buyer's vary between auction houses (which rates can also vary within each auction house based on the nature of the lot and its value), most auction houses publish their results inclusive of the buyer's premium, and so the rankings which follow are based
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