https://www.theguardian.com/lifeandstyl ... ty-auctionWorld's most expensive watch sells for £24.2m in charity auction
All proceeds from sale in Switzerland go to research into Duchenne muscular dystrophy
Rupert Neate
@RupertNeate
Mon 11 Nov 2019 15.38 GMT Last modified on Mon 11 Nov 2019 16.04
The Patek Philippe Grandmaster Chime has a reversible case with dials in rose gold and black.
A Patek Philippe watch has sold for a record 31m Swiss francs (£24.2m) at a charity auction hosted by Christie’s in Switzerland. It is by far the highest price ever paid for a wristwatch, and all of the proceeds will be donated to research into muscular dystrophy.
The Patek Philippe Grandmaster Chime 6300A-010, which was created specially for the charity auction Only Watch, was bought by a private telephone bidder following a five-minute auction at the Four Seasons Hotel des Bergues, in Geneva, on Saturday. It had been expected to sell for SFr2.5-3m.
The watch beat the previous record, set by a Daytona Rolex once owned by Paul Newman, which sold for $17.8m in 2017.