The latest addition to the million-dollar watch club is Hublot’s limited-edition Black Caviar Bang, which features an 18k white gold case and a clasp that features hundreds of precision-cut black diamonds.

The watch's total of 34.5 carats is made up of 322 diamonds on the case, 179 on the bezel and another 30 on the clasp.

The million-dollar price tag on this stunning watch can be attributed to the fact that black diamonds are extremely rare.