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Omega: Constellation Star

Price: $22,000
Carats: 0.54

Crafted from 18k red or yellow gold with a bracelet set with 144 full cut diamonds and a mother of pearl dial, these watches are described by Omega, Swiss watch maker since 1848 as “a compelling blend of elegance and the brand’s best mechanical watch making technology”.

In 2011 Swiss watchmakers dodged a triple whammy of a record high Swiss franc the disaster in Japan and the Arab spring with ease, delivering an impressive 19 percent growth of Swiss watch exports to 19.3 billion francs ($21.1 billion). That was helped by buoyant demand particularly from China, but also a rebound in luxury appetite from the U.S. and Japan. Francois Thiebaud, head of the Swiss exhibitors' committee, said that "if exports reach between 20 and 25 billion francs in 2012, we would be satisfied."