The price of an AP Skeleton Iced Out watch depends on whether it’s genuine or a replica. An authentic model, such as the Royal Oak Double Balance Wheel Openworked, fully iced with diamonds, can cost over $230,000 USD due to its luxurious materials and complex craftsmanship. Limited editions or custom diamond settings can raise the price even higher. On the other hand, high-quality replica iced out AP skeleton watches are available for a fraction of the cost—typically between $200 and $1,000 USD—offering similar aesthetics without the investment. Your choice depends on budget, preference, and whether authenticity is a priority.