DALLAS (AP) — Luxury retailer Neiman Marcus has rolled out its annual holiday catalog, and the priciest gift this year is a pair of $1 million "his and hers" timepieces from Van Cleef & Arpels.The pair of 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 — almost 40 percent of the items offered in the catalog are under $250.Copyright 2012 The Associated Press.

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