Fashion a couple of weeks ago Share Tweet Pin Share Over the summer, we spotlighted BOVET Récital 22 Grand Récital, a watch that costs around $500,000 USD. Now, an insightful new Business Insider is aiming to enlighten consumers on why the aforementioned BOVET timepiece sells for such a steep price. “Many of the most expensive watches are expensive because they’re set with precious stones, which of course raises the price through the roof,” Hodinkee editor-in-chief explains, breaking down the reasons for the BOVET Récital 22 Grand Récital’s jaw-dropping price-tag. “In the case of the Récital 22 Grand Récital however, the watch is as expensive as it is entirely because of the amount of craftsmanship that goes into it and the length of time that it takes to produce the various effects that make the watch what it is.” You can check out Business Insider’s video about the BOVET Récital 22 Grand Récital above. For more, check out URBAN RESEARCH and G-SHOCK’s limited-edition G-100.