Talk about ballin’. Swiss luxuary watchmaker Hublot recently raised the bar during BaselWorld 2012 earlier this month, showing off the most expensive watch of the fair, the Hublot “$5 Million” watch.

And, it wasn’t just for show either. It has actually been sold to Asia’s leading luxury watch retailer, The Hour Glass (Singapore).

Known for their over-the-top designs, Hublot spared no expensive in crafting this expensive timepiece. The watch boasts 1282 diamonds, with more than 100 carats of baguette-cut bling, sitting in 18 K white gold.

The watch took a full 14 months to craft, with 7 months’ work for 12 cutters, and the same for the 5 setters, with all the major specialists working on the piece full-time.

“This watch can be considered as a veritable collection of diamonds,” a press release from Hublot reads. “Like a collection of paintings, each was individually chosen in relation to the others to create a harmonious whole. This is the most precious watch ever created by Hublot and its long-standing partner, Atelier Bunter in Geneva. The diamonds selected by Hublot are all of the highest quality, graded A VVS in clarity and Top Wesselton in colour