The recipients of the prestigious ‘Oscars of timekeeping’ have been announced | CNN

The recipients of the prestigious ‘Oscars of timekeeping’ have been announced | CNN

CNN  — 

The recipients of the prestigious “Oscars of watchmaking” for this year have been selected, with a diverse selection of timepieces acknowledged for their exceptional engineering and visually appealing design.

In Geneva earlier this month, the Grand Prix d’Horlogerie de Genève (GPHG) awarded the world’s top watches in fifteen distinct categories, such as sports, jewelry, and travel timepieces, as chosen by an industry panel.

The prestigious Aiguille d’Or Grand Prix for the best watch in the world was presented to the Ferdinand Berthoud FB 1 Chronometer by Ferdinand Berthoud.

This limited-edition white gold and titanium time piece, which retails for more than $200,000, has a leather strap and is powered by a hand-wound movement comprised of more than 1,120 components.

A vintage Patek Phillipe wristwatch recently sold for a staggering $11 million, setting a new record for the highest auction price.

The international online and in-person votes for the Public Prize were tallied and the winner was announced to be Czapek Genève’s 33 bis Quai des Bergues.

The successful timepieces were exhibited in Seoul, Rome, and Geneva before making their way to Dubai on November 15 for their last appearance at Dubai Watch Week.

The top sought-after timepieces of 2016: Pythons, maps, and vintage cars.

This year’s 27-person international jury recognized timepieces from Audemars Piguet, Montblanc, MB&F, Piaget, TAG Heuer, and Tudor, as well as Chanel, Eberhard & Co, Fabergé, and Grönefeld.

Take a look at the gallery above for the complete list of winners for this year.