Patek Philippe watch sells for $31m in record auction
INTERNATIONAL – A Patek Philippe timepiece sold for $31 million (about R459.3m)
, the highest price for a wristwatch in auction, at a charity sale run by Christie’s in Geneva.
, the highest price for a wristwatch in auction, at a charity sale run by Christie’s in Geneva.
The steel Grandmaster Chime went under the hammer after a 5-minute bidding war in a packed room of more than 300 people. The watch beat the previous record, set by a Daytona Rolex that once belonged to Paul Newman. That piece fetched $17.8 million in 2017.
The Patek Philippe has two dials (one on the back) and 20 special functions. It was sold Saturday in an event called Only Watch in which watchmakers offer one-of-a-kind timepieces to raise money for research into Duchenne muscular dystrophy.
Source: iol.co.za
