The two-dial steel rarity sells for CHF 31,000,000 leading the Only Watch charity auction 2019 and setting the absolute world record price to ever being paid for a watch.
The Geneva event held last weekend by Christies has raised a total of CHF 38,593,000 in selling 50 unique pieces by the industry-leading brands, all for funding the research on Duchenne Muscular Dystrophy. And while there were enough solid bids, one did indeed steel the everybody else’s thunder. The first ever Patek Philippe Grandmaster Chime rocking 20 complications including such exotic features like an acoustic alarm that strikes the preselected time and a date repeater sounding the date on demand has crossed the 31 million mark. From this day on, it’s officially the most expensive watch ever. The funny thing is, the previous record holder – the Henry Graves Supercomplication – was also produced by Patek Philippe, only in form of a pocket watch and almost a century ago.
Another outstanding performance was shown by the F.P. Journe Astronomic Blue hammering for 1,8 millions. With a unique tantalum case and a prototype movement featuring 18 functions including sidereal time, annual calendar, and equation of time – all operated via the single crown – it surely wasn’t a sleeper. But raising such a sum is nonetheless a historic achievement.
The Audemars Piguet Code 11.59 Tourbillon Openworked was hammered for CHF 1 million and thus still gets the podium position. After only two days since the GPHG award for another CODE 11.59 reference, the controversial – as seen this winter –collection seems to finally regain momentum. And with a case mixing pink and white gold as well as the beautiful in-house manually-wound movement regulated by a large tourbillon, we clearly understand why.
As to the six-digit prices, the best performances came from the AkriviA Chronometre Contemporain – unique steel version of a recent Rexhep Rexhepi’s masterpiece with a hand hammered dial raising CHF 360,000 – and the Tudor Black Bay Ceramic One – the first ever Black Bay in ceramic, not to mention the bold black-on-black color scheme – hammering for CHF 350,000.
Nov. 11, 2019