From Fendi, this all-new Crazy Carats watch ($15,000) is crafted in steel and set with diamonds and colorful jewel time markers for an elegant yet whimsical appeal. The Swissmade watch has two crowns—one for adjusting the time and the other for rotating the index gemstones; a patented mechanism allows its wearer to change the gems displayed by turning the crown, revealing blue sapphires (shown here), pink sapphires, diamonds or multicolored topaz stones. Bal Harbour Shops, 9700 Collins Ave.; fendi.com

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