All you really need to know about this watch is that it costs half a million bucks and has a waiting list of two to three years. Requiring ten patents and six years of development (as you can see in the right photo there's some really crazy stuff happening on the inside), the F.P. Journe Sonnerie Souveraine ($560,000) is a grand-strike clockwatch and minute repeater. What does this mean? Basically, it sounds the hours and quarters — like dong, dong, dong... ding-dong, ding-dong for 3:30. This might not sound like a big deal, but it's apparently huge in real watchmaking.