Rolex is one of the most valuable brands in the world. The company produces around 2,000 watches a day with an estimated annual revenue of $7.9 billion. It is the largest single luxury watch brand in the world. These Rolex watches are well-known for their precision, excellence and durability.

Here are the 10 most expensive Rolex watches in the world as of 2014.

10) Rolex Submariner for Cartier ($100,000)

Rolex created two watches for Cartier. They were sold by Cartier in its Fifth Avenue outlet in New York. The first watch, Double Red Sea Dweller, sold for $91,000. The second is the Rolex Submariner.

9) Paul Newman Rolex Daytona ($106,273)

The casing and dial of this signature watch are made of 14k champagne gold. The tachometer outside and the three interior sub dials were fitted with black enamel. The watch features 17 jewels in its nickel finished lever movement. Only 200 models of this were made.

8) Steve McQueen 1967 Rolex Submariner ($234,000)

Popular American actor Steve McQueen sported a Rolex Submariner in the 1971 movie Le Mans. The watch, which was made of stainless steel, had automatic movement at its center and a COSC-certified chronometer.

7) Paul Newman Ferrari Red Rolex Daytona 6565 ($267,203)

American actor Paul Newman wore this Rolex Daytona 6565 in the 1969 movie Winning. Rolex designed the watch based on the Ferrari red color. This cool stainless steel watch is coated with tritium and has a fat strap. It is winded manually. The watch has 17 jewel components and red enamel.

6) Rolex Platinum Pearlmaster 18956 ($276,000)

Rolex Platinum Pearlmaster 18956 is a special edition watch that features a baguette diamond bezel and bracelet. Its dial is made of meteorite diamond. The double-quick set is made of sapphire crystal and has a hidden clasp. Released in 2011, this beautiful watch comes with Rolex books, tags and leather wallet.

5) Dr. Rajendra Prasad’s Gold Rolex Oyster ($440,000)

Dr. Rajendra Prasad was the first President of the Republic of India. He owned the Gold Rolex Oyster watch. It was presented to him in the year 1950 on the occasion of India’s first ever Republic Day. This wonderful watch features an 18K gold dial with a map of India and date 26 January 1950 inscribed into it.

4) James Bond 1973 Rolex 5513 ($450,000)

James Bond 1973 Rolex 5513, which was used in the Roger Moore film Live and Let Die, has a white on black dial, and stainless steel body and strapping. It also features a razor disc, buzz saw and a magnetic field generator. Bond uses the magnetic field generator to dodge a bullet.

3) Rolex GMT 116769TBR ($485,350)

This expensive watch features a wave diamond dial with luminous hour markers. The bracelet is made of white gold (18K). This self-winding automatic watch features an Oysterlock clasp. The case and locks are encrusted with 76 brilliant round diamonds.

2) Eric Clapton’s 1971 Rolex Daytona ($505,000)

Eric Clapton’s 1971 Rolex Daytona watch features a silver monochrome dial, a stark contrast to the more common design themes of the Rolex that have different schemes.

1) 1942 Rolex Chronograph ($1.16 million)

The 1942 Rolex Chronograph is a classic. It went at a Christie’s auction for $1.16 million. Only 12 pieces of this watch were made. It features 17 jewels and pink gold Arabic and baton numerals.