World’s priciest watch fetches $21.5M at auction

Last week, the world’s most expensive watch sold in Geneva at auction for 20.6 million Swiss francs, roughly $21.5 million, bringing new meaning to the cliché “time is money.”

Made by Patek Philippe for Henry Graves Jr. in 1932 and known as the Supercomplication, the watch has 24 “complications,” including Westminster chimes, a perpetual calendar, sunrise and sunset times and a celestial map of New York as seen from Graves’s apartment on Fifth Avenue, according to the BBC.

The watch was made at the tail end of the “golden age of watchmakers,” according to Stacy Perman, author of “A Grand Complication.” “Until the advent of the automobile they [Patek Philippe] were considered the most innovative makers in the world.” [BBC]Christopher Cameron

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