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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.
On November 12, 2016, a Ref. 1518 in steel became the most expensive wristwatch ever sold at auction (until October 2017), fetching a record-breaking US$11.14 million (11,002,000 CHF) in Geneva (through Phillips' auction house). [80] As the successor, Ref. 2499 is widely considered to be one of the greatest watch models in the world.
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A rise in gold prices in 1974 had grave consequences for the watch exporting industry. Between 1970 and 1974 the price of gold rose from 4,850 to 18,000 francs and the value of the US dollar against the Swiss currency fell by up to 40%. As a result, the price of watch exports rose by as much as 250%.
While classic dress watches clocked it at well under 40mm—more like 31 to 36mm—many modern examples are 39mm or even 41mm. What is more important to our minds is that the watch be subtle.Keep ...
1. Gigayacht. Sold for: $168 million Roman Abramovich, a Russian billionaire, must have been staring at an empty dock for a while now, because the 168 milly he shelled out for a 400-foot yacht is ...