This $31.1 Million Patek Philippe Is Now the Most Costly Watch Ever Auctioned


How’s this for unique: On Saturday, Christie’s auctioned off a one-of-a-kind, by no means worn Patek Philippe watch, and the luxurious timepiece bought for a record-breaking 31 million Swiss francs, or $31.1 million. That’s the best value ever paid for an auctioned timepiece, and it beats the earlier file by roughly $7.eight million, in response to CNN.

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The watch, a Patek Philippe Grandmaster Chime 6300A-010, was specifically made for this public sale. In line with an announcement from Christie’s, it’s the one model of the timepiece ever produced in stainless-steel, and it’s reversible, that includes two dial plates constituted of 18-carat gold with gold utilized Breguet numerals on the time aspect. There are 20 issues in complete, together with 5 chiming modes, a day/night time indicator, and day/date on each dials. The case measures 47.7mm in diameter, and it’s held in place with a smooth black hand-stitched alligator leather-based band. And simply in case you overlook how uncommon this ticker is, it’s marked with the inscription “the one one.”

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An nameless purchaser bought the watch on Saturday, and the ultimate sale blew previous the watch’s estimated value of $2.5 to $three million, in response to knowledge from Christie’s. Curiously, the earlier file was additionally held by a Patek Philippe watch: That went to a classic mannequin made in 1932 that bought for 23.2 million Swiss francs in a 2014 Sotheby’s public sale, CNN studies.

The Grandmaster was one among 50 timepieces auctioned throughout Solely Watch, a biannual occasion to boost cash for analysis into Duchenne muscular dystrophy, a genetic illness that causes muscle deterioration. General, the occasion raised over $38 million for the trigger—the majority of it coming from only one extremely uncommon, extremely costly watch.

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