Neiman Marcus is setting the Christmas bar high with their new luxury gift list this year.

On Tuesday, Neiman Marcus issued their Christmas catalog which offers a number of expensive "fantasy gifts." This is the 86th edition of the annual catalog issued by the Dallas-based retailer.

If you have an extra million to spare this holiday season you might be interested in a pair of "his and hers" watches that come with a European trip to Geneva and Paris.

The watches and trip is the most expensive item featured with a price of $1,090,000. Van Cleef & Arpels designed the watches that follow a love story. One watch shows a man standing on top of the Notre Dame looking to the Eiffel Tower while the other shows a woman on the tower looking toward the man. Both watch faces are surrounded with diamonds with moving figures.

"It's a classic love story," said Marisa Neira, product manager for Van Cleef & Arpels. "Boy meets girl, a romance is sparked, but fate has intervened and they are separated, but both are left longing to find one another."

The trip to Paris is meant to create your own love story that is featured in the story of the watches while the trip to Geneva allows for a tour of Van Cleef & Arpels facility.

There's also the option for a special edition McLaren 12C Spider sports car for $354,000.

You can also purchase a dinner for 10 of your favorite people that will be made by four famous chefs at a cost of $250,000.

If you're a Neiman Marcus shopper on a budget, you can spend $30,000 for a walk-on appearance in "Annie: The Musical" on Broadway.

The catalog also features gifts the average person can afford as 40 percent of the items are less than $250 such as a monogrammed mug for $10.