The hammer came down at $24 million US dollars on the most expensive timepiece in the world at Sotheby’s in Geneva on November 11. The Henry Graves Supercomplication re-established its supreme status as the most valuable timepiece in auction history beating the record of $11 million it established in 1999. Five bidders competed for the watch completed by Patek Philippe in 1932. It went to an anonymous buyer in the room. It is the most complicated watch ever made by human hands – without computer-assisted technology. In 1925, Patek Philippe was commissioned by Henry Graves, a prominent New York banker, to produce the most complicated watch in the world. The product of three years of research and five years’ effort by the most skilled technicians, this extraordinary timepiece is a gold openface minute repeating chronograph clockwatch with Westminster chimes. It incorporates a perpetual calendar, moon phases, sidereal time (used by astronomers), power reserve, and indications for time of sunset and sunrise and the night sky of New York City.
Commenting on the results of the sale, Tim Bourne, Sotheby’s Worldwide Head of Watches, and Daryn Schnipper, Chairman of Sotheby’s Watch Division, said: “This evening’s stellar result confirms the “rockstar” status of The Henry Graves Supercomplication. It is more than a watch. It is a masterpiece which transcends the boundaries of horology and has earned its place among the world’s greatest works of art. The fascination it has attracted over the past few months, as Patek Philippe celebrates its 175thanniversary, is a fitting tribute to the genius of the Swiss manufacturer.”























