Two renowned watch-makers Jean Francois Ruchonnet (the designer of TAG Heuer’s famous Monaco V4 Concept Watch ) and Vianney Halter have come together to create this exceptional timepiece titled Cabestan. The watch has a truly revolutionary design inspired from water and maritime activites and is totally innovative from its design point of view. The watch looks a bit complex and seems like it’s made only to be worn by tech-geeks but actually its construction is very particular. The mechanical design of the Cabestan, including its tourbillon, is totally transversal and every indication of hour, minute, seconds, and power reserve appear on the cylinders located at the four corners of the watch. The watch features the original mechanical movement, with manual winding, a fusee and a tourbillon and is also water-resistant to 30 metres.
The watch is available in a limited edition of 135 pieces for a price of $220,000 and will be available from end of 2006 up to the beginning of 2008. The limited edition collection will feature watches made in gold and platinum. One functional prototype will be presented at Baselworld 2006, and a pre-series of the first ten watches is expected by the end of 2006. The designer Jean-Francois Ruchonnet also intends to create a third piece which is totally innovative and dedicated to Air and aviation.
via EuropaStar
$220,000 Cabestan Watch

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And here I thought my $11 fishing reel that I duct taped to my $2 Timex watch was unique. I guess the only thing mine is missing is the need to wind it up.
For those poor folks out there only able to find $40,000 in change in between their cushions, try this other Vianney Halter masterpiece;
Here
The Watchismo Times