11/26/2009

World Most Expensive Watch | $5 Million Patek Philippe Calibre 89



Antiquorum’s 35th anniversary sale that was held recently on the 14th and 15th November was one successful event. The highlight of this sale was the Patek Philippe Calibre 89 timepiece from the Matsuda Collection. The exquisite yellow gold timepiece is said to be the world’s most complicated watch and had drawn many enthusiastic bidders ever since Antiquorum announced its intention to sell this exceptional timepiece. In just a few minutes of bidding, the timepiece managed to fetch a final bid of CHF 5,120,000 ($5,053,360), setting a new world record for this watch and also the most expensive watch sold in 2009 by any auction house in the world. As expected Patek Philippe continued to be the favorite brand at the auction with other timepiece from the famous watchmaker fetching extremely strong prices.

Some of the timepieces that were best sellers at this auction include, the Patek Philippe platinum and diamond wristwatch Ref. 3990 which fetched 312,000 CHF ($307,990), the white gold Patek Philippe ref. 5102 “Celestial” that fetched 228,000 CHF ($225,090), and the Patek Philippe Ref. 5041, a rare white gold wristwatch with perpetual calendar sold for a commendable 102,000 CHF ($100,710).

Overall, an extremely successful sale, the Antiquorum’s anniversary sale “Celebrating 35 Years of Making History in Time” drew an impressive 12,174,948 CHF ($12,020,873) in total sales over the two days.



Source : Antiquorum

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