List_of_most_expensive_watches_sold_at_auction

List of most expensive watches sold at auction

List of most expensive watches sold at auction

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This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 1.5 million US dollars. The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction. This price is the aggregate of the hammer price (i.e., the winning bid or sale price at the auction) plus any buyer's premium paid to the auction houses (where levied, and in accordance with the rates charged by the relevant auction house).[1][2] While the rates of buyer's vary between auction houses (which rates can also vary within each auction house based on the nature of the lot and its value), most auction houses publish their results inclusive of the buyer's premium, and so the rankings which follow are based on the aggregated price paid by the buyer: for the watch itself (the hammer or sale price) and for the auction house's services and administrative costs (the buyer's premium). Inflation-adjusted prices are also listed for reference. If a watch has been sold at auction for several times, only the highest final price is included. Finally, any auctioned watch without public online records from auctioneers (e.g. major auction houses) will not be included in the ranking.

A Patek Philippe pocket watch

As of December 2022, the most expensive watch (and wristwatch) ever sold at auction is the Patek Philippe Grandmaster Chime Ref. 6300A-010, fetching US$31.19 million (31,000,000 CHF) in Geneva on 9 November 2019.[3][4] The most expensive pocket watch ever sold at auction is the Patek Philippe Henry Graves Supercomplication, fetching US$23.98 million (23,237,000 CHF) in Geneva on 11 November 2014.[5][6][7][8]

As of December 2022, at least 115 timepieces have been sold at auction for over US$2 million, and at least 173 timepieces have been sold at auction for over $1.5 million. Among the top 10 of these watches, nine are Patek Philippe timepieces and one is Rolex's.

Summary (as of December 2022)

Auction records

  • Worldwide (and Europe): The most expensive watch ever sold at auction worldwide is the Patek Philippe Grandmaster Chime Ref. 6300A-010, which fetched $31.19 million (31,000,000 CHF) in Geneva on 9 November 2019 (by Christie's).[3][4]
  • Asia: The most expensive watch ever sold at auction in Asia is the Patek Philippe Gobbi Milano Double Signed "Heures Universelles" Ref. 2523, which fetched $8.97 million (70,175,000 HKD) in Hong Kong on 23 November 2019 (by Christie's).[9][10]
  • North America: The most expensive watch ever sold at auction in North America is Paul Newman's Rolex Daytona, which fetched $17.75 million in New York on 26 October 2017 (by Phillips).[11]

Auction houses

The following table shows the breakdown of auction houses that have sold the most expensive watches at auctions (for at least US$2 million). As of December 2022, there are at least six auction houses that have sold watches for no less than $2 million: Christie's, Phillips, Antiquorum, Sotheby's, Poly Auction, and Monaco Legend Auctions.[12]

Breguet No. 1705 tourbillon wristwatch
More information Ranking range, Phillips ...

The following table has a threshold of 1.5 million US dollars.

More information Ranking range, Phillips ...

Manufacturers

The following table shows the brand breakdown of the most expensive watches ever sold at auction (for at least US$1.5 million). As of December 2022, there are 19 manufacturers that have manufactured watches that qualify: Patek Philippe, Rolex, Breguet, Audemars Piguet, Philippe Dufour, F. P. Journe, George Daniels, Richard Mille, URWERK, Zenith, Vacheron Constantin, Omega, Tag Heuer, Chopard, Bulova, Cartier and Attributed to Piguet & Capt.

Among these brands, Philippe Dufour, F.P. Journe, George Daniels, Richard Mille, URWERK and Piguet & Capt are independent watchmakers.[13][14][15][16][17][18][19]

A Rolex Daytona Ref. 6263 wristwatch
More information Rank, Manufacturer ...

Ranked list (as of December 2022)

The following table contains details of the 173 timepieces auctioned for at least US$1.5 million, ranked according to their original auction prices. The inflation-adjusted price is given by consumer price index inflation-adjusted value of United States dollars in 2023.

More information Rank, Manufacturer ...

Unranked results

The following table contains some of the most expensive auctioned watches without public online records from auctioneers (e.g., major auction houses). This list is possibly incomplete.

More information Rank, Manufacturer ...

See also

Notes

  1. [N 1]
    The movement was manufactured in 1895 and the case in 1927.
  2. [N 2]
    The movement was manufactured in 1970 and the watch was encased in 1975.
  3. [N 3]
    The movement was manufactured in 1942 and the case in 1948.
  4. [N 4]
    The movement was manufactured in 1951 and the watch was encased in 1957.
  5. [N 5]
    The lot included the sandals, bowl, plate and a pair of glasses owned by Mahatma Gandhi along with his images and letters of authenticities issued by noted Indian historians.

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    "Mahatma Gandhi's Pocketwatch Formerly owned by Mahatma Gandhi, political and spiritual leader of India, later given to his grandniece, Abha Gandhi. Accompanied by Gandhi's sandals, bowl, plate, glasses, images of Gandhi and letters of authenticity from Ghita Mehta, Talatsahid Khan Babi, and Professor Lester Kurtz. The watch: Zenith, movement No. 421357, case No. 49529. Made circa 1910. Fine, rare and Historically Important, sterling silver keyless pocket watch with alarm function". Antiquorum. Retrieved 2020-10-31.
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