Asian buyers walked away from with some pricey bling in 2010. Scene takes a look back at the top trends that stood out this year in the world of watches and jewelry. See the slideshow.

1. Luxury in China = watches: Watches became one of the largest categories for luxury spending in China, thanks largely to the growing group of wealthy male consumers.

2. Pink diamonds: The crown gems at both the Sotheby's and Christie's jewelryauctions around the wolrd this year were pink diamonds. With a healthy Asian economy, one of these rare stones fetched a record price at auction - US$23 million for Christie's 'Perfect Pink.' It was the highest price ever paid for a precious stone in Asia.

3. V-VIP treatment: To cater to a new group of top-tier buyers, watch and jewelry retailers this year developed specialized VIP services from wine and cigars to stand-alone private shops and service centers.

4. Bespoke is it: Though big luxury brands - Patek Philippe, Rolex and Piaget - are household names in China, smaller independent watchmakers, such as Greubel Forsey in Switzerland, are getting attention from sophisticated Asian buyers who are demanding more 'bespoke' timepieces.

5. Made-in-China luxury: There are budding signs of Chinese brands establishing themselves in the watch industry. China-based Shanghai Watch has won over many collectors with the first China-made tourbillion timepiece.

6. Your wish is our command: Chinese collectors now make up 35% of Sotheby's customers, which has auction houses scrambling to understand better what they want.