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Two anonymous bidders bid on this watch for nine minutes, resulting in a standing ovation from the crowd where the auction was being held...  Something a little different, this is not a new watch, but a new record. This new Patek Philippe sold at Only Watch 2015 (the largest charity watch auction in the world) for 7,300,000 Swiss Francs which is equivalent to about $7.26 million USD. It remains second to the Graves Supercomplication, a pocket watch that sold for $24 million USD last year. That being said, it holds the record for being the most expensive wristwatch ever sold at auction. Despite this fact, it has a steel case and a blue enamel dial, features which are hardly exclusive to this watch. The watch does however feature a tourbillon, a minute repeater, and retrograde perpetual calendar. Of course, it is a limited edition of one, but just think of everything else 7 million could be spent on. Of course, for those unfamiliar with Only Watch, each brand releases a special edition and the proceeds are donated to charity.
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Jake Fogarty is the founder of It's All About Watches and writer for most of what you will read here. If you want to contact me you can visit the contact and advertising page.
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