Posted By: ADMIN
Published to Patek Philippe on Apr 22, 2020
Patek Philippe has mastered every aspect of watchmaking – from the hand-winding two-hand watch right through to the most complicated watch in the world.
Synonymous with class and high auction values, the craftsmanship that goes into every watch is unrivalled and so it’s no wonder that collectors and enthusiasts are prepared to part with thousands of pounds to be a proud owner of one.
Here, we look at some of the most expensive Patek Philippe timepieces of all time:
1.Patek Philippe Grandmaster Chime 6300A ~ £24.2M
The world’s most expensive watch is a Patek Philippe. Those at the Only Watch charity auction in Geneva, witnessed it go under the hammer for a whopping £24.2 million last November.
The one-off Patek Philippe Grandmaster Chime (reference 6300A-010) is a stainless-steel version of the Swiss manufacturer’s most complicated wristwatch, with 1,366 parts working in perfect harmony.
With 20 complications, two dials and a reversible case, it was launched in 2014 to mark Patek’s 175th anniversary.
In 2016, the watch was made available as part of the brand’s regular collection but only available in precious metal.
All the proceeds from the sale of the watch will go towards research for Duchenne muscular dystrophy.
2. Patek Philippe Henry Graves Supercomplication pocket watch ~ £18.2M
Pushing boundaries like no other watch before, this Supercomplication with 24 complications and more than 900 parts, is made of 18 carat gold.
The timepiece was finally presented to millionaire banker Henry Graves Jr, following five years in planning and creation.
Its complications include a perpetual calendar and even a celestial chart mapping the sky over Manhattan! This dial is calibrated for sunset, sunrise and the equation of time for the same location - Mr Graves’ home on 5th Avenue, East 64th Street in New York!
For over 60 years, this watch was the most complicated in the world but in 1989 it was robbed of his title by… another Patek Philippe - the Calibre 89 Grand Complication Pocket Watch at no 4!
In 1999 it sold for £8.3 million at a Sotheby’s auction but just 15 years later it was re-auctioned again and sold for a staggering $24 million or £18.2 million on cash today.
This made this magnificent watch the world record holder yet again as the most expensive timepiece ever sold.
3. 1527 Perpetual Calendar in 18ct Rose Gold ~ £4.3M
This watch was once the most expensive ever sold at auction, raising £4.3 million and it’s easy to see why.
Not only was it made during the Second World War, but it has influenced some of Patek’s most popular watches to date.
With a diameter quite large for time era, of 37.6mm and curved lugs, this unique reference remains timelessly elegant.
4. Calibre 89 Grand Complication pocket watch ~ £3.8M
The most complicated watch ever produced was this one... with 33 complications, 1728 components and 126 jewels, weighing in at 1.1kg!
Its complications include perpetual calendar, sidereal time displays and a Westminster chime on four gongs - as well as a thermometer!
It was secretly developed in the 1980s and was designed to mark the brand’s 150th anniversary in 1989.
The one sold at Sotheby’s for £3.8 million was in yellow gold (pictured) but it was also created in white and pink gold as well as one in platinum.
This iconic watch marked the beginning of a new era for watchmaking. It was an entrepreneurial risk as it wasn’t made for a certain customer, and sparked a lot of interest, which ultimately changed the working ways of many luxury watch brands.