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Arabo called the Astronomia "revolutionary" and the "most important" Jacob & Co. watch. [17] 2015: Jacob & Co. unveiled the Billionaire watch with a price tag of $18 million. [18] The 18k white gold case and bracelet was covered with 260 carats of diamonds, with each individual gem weighing 3 carats each. [17]
A Patek Philippe pocket watch. This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 1.5 million US dollars. The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction.
In 2007, Arabo founded Jacob & Co. SA in Geneva, Switzerland, and introduced his first high-watchmaking timepiece, the Quenttin. It was the first watch to have a vertical tourbillon and a 31-day power reserve, at the time the world's longest power reserve. [24] [25] [26] [27]
A gold watch worn by John Jacob Astor IV, a member of the wealthy Astor family and the richest man aboard the Titanic, sold for a record-breaking £1.175 million ($1.485 million) at auction on ...
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The passing of Jacob Bunn Jr. threw Illinois Watch into disarray. In 1928, for a sum in excess of $5,000,000.00, the Illinois Watch Company was purchased by the Hamilton Watch Company of Lancaster, Pennsylvania, which continued to operate the factory under the Illinois name and shifted the emphasis from pocket to wrist watch production.