During Christie’s Important Watches auction in Geneva on May 11, the highest price of CHF1,935,800 ($1,751,218) was paid for the rare Patek Philippe wristwatch (pictured above). Another Patek Philippe came in sencond with CHF1,891,000 ($1,710,690) including buyer’s premium.
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Patek Philippe watch sold for $475,000
Posted on Aug 1 - Filed Under Jewelry, Miscellaneous | Comments
The Patek Philippe watch below was sold for “only” half a million dollars, so it’s a little bit short of our usual selection criteria, but nevertheless, this is one of the most expensive Patek Philippe I’ve ever seen and in its category, this sale event certainly worth mentioning.
It is a platinum automatic perpetual calendar wristwatch with retrograde date and phases of the moon. The Patek Philippe No.1908044 Ref.5013P was launched in 1992 and is one of the most complex wristwatches ever made by Patek Philippe with a total of 515 parts.
The watch was sold for 241,250 GBP ($475,817)
Other recent, interesting, high-end sales in their respective category at Sotheby’s auction include:
Emerald and diamond braclet by Tiffany & Co was sold for 145,250 GBP (~$287,000)
1990 Chateau Petrus red Bordeaux wine from Pomerol, France was sold for 23,000 GBP (~$45,000)
Image source. Thanks
The Chopard Super Ice Cube timepiece exhibits 60 carat of diamonds and retails for approximately GBP 639 320 ($1,259,000)
Chopard, a Swiss jewelry and watch maker founded by Louis-Ulysse Chopard in 1860, is now owned by the Scheufele family. Besides their 100+ years of producing high quality and beautiful time pieces and jewelry, Chopard is also known for the current design of the Goldan Palm award of the Cannes film festival and being one of the ongoing sponsor of the event.
See also our post about the Humblot Big Bang
With the Big Bang’s new found popularity amongst the horologically savvy Hublot has unveiled its “One Million Dollar Big Bang” at this year’s Baselword. The One Million Dollar Big Bang watch is completely covered, case, dial and buckle, with more than 493 Top Wesselton “baguette” diamonds. It is the first ever watch or let me be precise, flying tourbillion, realized in “serti mysterieux” or “mysterious setting.” Serti mysterieux is a technique pioneered by Van Cleef & Arpels to hide the stone settings under the stone. Thus you can only see the diamonds or the stones, not the structure which is holding them.
Hublot has spent more than 2,000 hours making the One Million Dollar Big Bang; from design through to research and development, machine programming, choice of (micro-) precision tools, the cutting of the diamonds, the visual examination of each part, setting, casing and fine-tuning.
This just leaves one question, “Is the One Million Dollar Big Bang considered a Timepiece or Jewelry?”
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