Lindsay Lohan Makes Time for $50,000 Shopping Spree

Fame Pictures

Lindsay Lohan definitely knows what time it is.

The 22-year-old actress dropped some serious cash on a watch shopping spree yesterday at Philippe's Watches & Jewelry in Beverly Hills, Ca.

Lohan's retail by the numbers: the actress dropped $53,000 retail price in about 45 minutes (give-or-take a star discount) on three Rolex watches. For those with watches, about $1,200 per minute!

"I don't know why she bought three watches," admits the owner Philippe Briest. "I guess she just felt like having them."

The watches included one Rolex rose-gold President watch with a diamond dial (retail price at $30,000), one Daytona stainless steel and yellow-gold watch with a black mother-of-pearl dial at $15,000. 

The third was a gift. A stainless steel Rolex with black diamond skull in the center. Total worth $8,000. Phillippe would say who the watch was for—"but it was a very romantic gift, I can say that."

Briest says his playful shopper was "skinny, but very happy. She looks great."

"She loves to play with all the stuff when she comes in. She wants to try everything on. She cannot decide. And then she wants it all."

Lohan was not without some help. Phillippe says he gave his "regular customer" Lohan a discount, which he listed at 20 percent. Check out the video here:

That will come in handy when she comes back on Friday for a watch fitting...and more shopping. "She wants to look at some other stuff," says Briest "It's another play date."