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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 11 November 2014, the watch was sold in Geneva, Switzerland. The final price, bid by Aurel Bacs serving as proxy for an anonymous entity, reached 23,237,000 Swiss Francs, equivalent to US$24 million at the time. The sum established a new highest price for a timepiece, including both pocket watches and wristwatches. [18]
In 1979, Vacheron Constantin made Kallista, one of the most expensive wristwatches in the world. Its initial price was $5 million, but in 2016 the watch was valued at about $11 million. [41] Kallista had 118 emerald-cut diamonds. It took about 6,000 hours for the watch masters to make this watch and about 20 months for jewelers to enrich the watch.
Rolex watches, which aren’t known for their affordability, are getting even more expensive this year with the soaring price of gold to blame. Prices on some of the Swiss company’s gold watches ...
The company was founded in 1983 through the merger of ASUAG and SSIH, moving to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the traditional Swiss watchmaking industry. [2] [3] [4] The Swatch Group is the largest watch company in the world and employs about 31,000 people in 50 countries. [5]
Any watch with a tourbillon will cost a great deal more than an equivalent piece without the feature. The prices of Swiss models typically start at $40,000 and the prices of more expensive tourbillon watches can reach six figures. The prices of some Chinese models can range from hundreds of dollars to nearly $5000. [17]