Ask Men recommends the Jean Dunand Palace and the Maitres Du Temps Chapter One as the best luxury watches for men on the market as of 2015. For women, Watch Time recommends the Lange & Söhne Saxonia Automatic and the Breguet Héritage Phase de Lune, among others.
Luxury watches tend to be divided into several categories. For example, black tie watches are generally understated pieces designed to be worn with evening wear, while diving watches are waterproof and contain special features relevant to active individuals. Luxury watches can be considerable investments, as many cost more than $100,000. Price tags of more than $500,000 are not unheard of.