The Harry Winston Opus Eleven doesn't need watch hands. It's got main cylinders which disintegrate and re-assemble every hour to tell you the time.
The three cylinders are meant to "deconstruct" time—with the biggest circle housing 24 placards that rotate and move every hour on a complex series of gears. The small top circle displays the minutes while the small bottom circle displays the beat of a titanium balance-wheel.
If Inception were a watch, I'm sure it would choose to be this one. It won't be easy to get a hold of one though, as there are only 111 of them being made at $250,000 each. [Harry Winston via Uncrate]