DALLAS (October 9, 2012)--Luxury retailer Neiman Marcus has rolled out its annual holiday catalog, and the priciest gift offered this year is a pair of $1 million his-and-hers timepieces from Van Cleef & Arpels.

The watches depict a tale of lost love on the faces and come with a trip to romantic Paris and Geneva.

Dallas-based Neiman Marcus is known for featuring expensive and often outrageous "fantasy gifts" in its Christmas Book.

The 86th edition includes a special edition McLaren 12C Spider in red for $354,000, a hen house inspired by France's Versailles palace for $100,000 and a walk-on role in Broadway's "Annie: The Musical" for $30,000.

Those with smaller budgets can take heart, though, because almost 40 percent of the items offered in the catalog are less than $250.