Stretching the creative envelop, Piaget has created a unique collection of a watch embedded in a ring encrusted with diamonds, rubies and emeralds. In effect the piece is like a miniature watch carrying the appeal of a jewellery piece. The ring has been crafted with 18 karat white gold in bold designs to make the piece an accessory to be worn on celebrations. %% The watch hands are resting on a base of diamonds. The piece is likely to be priced at about $20,000 - $30,000.