Every man should own a wrist watch that is both stylish and functional.

Whether it be priced under $500, $250, or even $100, a nice watch can drastically improve your style, while doing its job of telling the time.

But when budget is less of a concern, luxury watches are options that provide much more than style and function.

Buying a luxury watch should be looked at as investment. Because of its superior quality, choosing a luxury watch will outlast lower-priced items and even has the potential to appreciate in value over time.

At Insider Picks, we like to judge products for their actual quality, not just the company who made it. With that said, there are certain name brands that dominate the luxury watch market — and they don’t come cheap.

Check out the five best-selling luxury watches below.

5. IWC Pilot Automatic Chronograph Watch

5. IWC Pilot Automatic Chronograph Watch

Coming in at #5, the IWC Pilot is an attractive watch that features a stainless steel case, a blue dial with luminous silver-tone hands, and a brown calfskin leather strap. The watch display includes  60-second, 30-minute, and 12-hour sub-dials as well as day and date. Its Swiss made automatic movement has a 44-hour power reserve, so your watch will keep on going.

IWC Pilot Automatic Chronograph Watch, $4,075 ($4,950)

4. Panerai Luminor 1950 Tuttonero GMT Watch

4. Panerai Luminor 1950 Tuttonero GMT Watch

At more than $10,000, the Panerai Luminor 1950 is the most expensive watch of the bunch. The watch uses a black ceramic case, bracelet, and bezel. Its black dial is accented by luminous Arabic numerals and hands. A date display is featured at 3 o’clock, while a small seconds sub-dial is at 9 o’clock. This watch is also Swiss made and uses automatic movement.

Panerai Luminor 1950 Tutonero GMT Watch, $10,550 (Originally $14,400)

3. Rolex Submariner Automatic Watch

3. Rolex Submariner Automatic Watch

Rolex is one of the most well-known luxury watch brands, so it’s no surprise to see it on the list. As an excellent everyday watch, the Submariner features a stainless steel case, Rolex oyster bracelet, and unidirectional bezel. For contrast, the dial is black and a black Cerachrom ring is placed on top of the bezel. White luminous hands and markers keep the design simple and functional.

Rolex Submariner Automatic Watch, $7,195 (Originally $7,500)

2. Tudor Pelagos Chronometer Automatic Watch

2. Tudor Pelagos Chronometer Automatic Watch

The Tudor Pelagos features a titanium case, bracelet, and unidirectional bezel. A vibrant blue used on top of the bezel and dial make this watch eye-catching, while remaining simple enough to wear every day. White luminous hands and markers accent the blue face. If you want to go for a sportier look, blue rubber wrist strap is also included. With a 70-hour power reserve, this automatic watch will keep going for a very long time.

Tudor Pelagos Chronometer Automatic Watch, $3,595 (Originally $4,395)

1. Omega Speedmaster Professional Moonwatch

1. Omega Speedmaster Professional Moonwatch

Coming in at #1, the Omega Speedmaster is the perfect blend of classic styling and intricate dial displays. The watch features a stainless steel case, bracelet, and fixed tachymet bezel. Its black dial is contrasted by silver hands displays as well as 60-second, 30-minute, and 12-hour sub-dials. Unlike the other four automatic watches, the Speedmaster Moonwatch uses a hand wind movement with a 48-hour power reserve.

Omega Speedmaster Professional Moonwatch, $3,350 (Originally $5,250)

 

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