World's Most Expensive Watch by Patek Philippe Fetches Rs 222 Crore, Beats Paul Newman Daytona
Wednesday, November 13, 2019 IST
The Patek Philippe 'Grandmaster Chime' was sold as part of the Only Watch auction held by Christie's on Saturday to benefit research on Duchenne muscular dystrophy.
A one-of-a-kind Patek Philippe watch sold for $31 million (Rs 222 crore) at a charity auction in Geneva, making it the most expensive wristwatch ever auctioned.
The Patek was sold as part of the Only Watch auction held by Christie's on Saturday to benefit research on Duchenne muscular dystrophy.
For the sale, watchmakers including Patek, Audemars Piguet and F.P. Journe created and donated one-of-a-kind watches, which are coveted by top watch collectors around the world. The fact that the sale was for charity helped boost the bidding prices, according to the auctioneers, CNBC reported.
The buyer of the watch has not been identified.
The Patek Philippe Grandmaster Chime reference 6300A-010 is the only one of its kind that will be made in stainless steel.
It has 20 complications, including a grande and petite sonnerie, a minute repeater, instantaneous perpetual calendar with a four-digit year display, second time zone, and 24-hour and minute subdial. The watch's most unique feature is front and back dials - one salmon coloured, the other black - that can be flipped or reversed.
The steel Patek Philippe Grandmaster Chime Ref. 6300A-010 smashed the previous record for an auctioned watch - the $17.7 million fetched in 2017 for the Rolex Daytona once owned by Paul Newman.
Related Topics
Trending News & Articles
ALMATY: Hour upon hour, day upon day, Omir Bekali and other detainees in far western China's new indoctrination camps had to disavow the...
Recently posted . 220K views . 1 min read
If you have payed attention to the belly buttons of people on the beach or the members of your family, you have probably noticed that they have different shapes and...
Recently posted . 10K views . 2 min read
The Langya henipavirus has a place with a similar group of infections, including Nipah, which is known to kill up to 3/4 of people in extreme cases.
Recently posted . 6K views . 1 min read
Queen's death: The eldest of her four children, Charles, Prince of Wales, who at 73 was the oldest heir apparent in British history, became king immediately...
Recently posted . 6K views . 1 min read
More in Global
The team already has about 30 pending orders, including one from Kennedy Space Center in the US for half a ton, UCF said in a statement this week.
Recently posted. 932 views . 1 min read
The quick-release coupling is an essential part of any machine that needs to be able to detach quickly. This is because it allows the operator to easily disconnect ...
Recently posted. 950 views . 1 min read
There is panic in the city of Pakistan, Ratodero, as there is a reported HIV outbreak there. Why? Because a negligent, careless doctor reused syringes on patients...
Recently posted. 1K views . 1 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 2K views
Recently posted . 4K views . 99 min read
Recently posted . 1K views . 49 min read
At least seven people have died in Anhui and East China's Zhejiang province due to the virus, the report said.
Recently posted. 852 views . 0 min read
LONDON: Hundreds of South Asian highly skilled migrants held a protest outside the UK Parliament on Wednesday, claiming they are victims of the n...
Recently posted. 944 views . 2 min read