As one of the many watches they released for the Year of the Dragon, Piaget (previously referenced) announced the Dragon and Phoenix watches earlier this year. Both are powered by their manually-wound caliber 56p, and have the watch face hidden within the 18k white-gold construction. The phoenix was added to the dragon to provide balance, the queen of the imperial couple with the dragon as king.
First the dragon, entirely diamond set with ruby cabuchon eyes. The left side shows the piece in the usual configuration, the right with the pearl open to reveal the watch
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Closing off the dragon section, a closeup of the face
The phoenix has 300 baguette-cut diamonds (13.71 cts) and 603 brilliant-cut diamonds (5.77 cts) and 9 sapphires (4.19 cts). The dial and leaves are mother-of-pearl, or so says the PR, I don't see where the leaves are.
The first picture is of the watch in "closed" form, the second is open
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