Update: Patek Philippe's Henry Graves Watch Typically costs $24 Million at Sotheby'ssharetweetshareThe world's priciest watch ever sold at auction retained that lofty title in a Sotheby's auction on November 11, which coincided with all the 175th anniversary celebration of their maker, Patek Philippe.The so-called Henry Graves Supercomplication, a pocketwatch produced by Patek Philippe in 1933, is considered the most famous watch in the world and has now the excellence to become the most complicated watch ever made completely by human hands. Its reappearance around the auction block, 10 years after it took over as most costly watch ever sold at auction, started in exactly the same year that Patek Philippe commemorates 175 a lot of making replica watches. Estimated at over 15 million Swiss francs (about $15.5 million), the watch sold for $23,983,140 for an anonymous buyer at Sotheby's Geneva sale of Important Watches. Discussing the sale on the Henry Graves Supercomplication ahead of the auction, watches Tim Bourne, Sotheby's worldwide head of replica watches, and Daryn Schnipper, chairman of Sotheby's watch division, said: "The number of superlatives which may be linked to this icon with the Last century is truly extraordinary. Indisputably the 'Holy Grail' of replica watches, The Henry Graves Supercomplication combines the Renaissance ideal in the unity of beauty and craftsmanship with the apogee of science . Our offering with this horological masterpiece of design in 1999 was unquestionably the highlight of our professional careers and hang up a world record which includes held until today. Were extremely privileged for being offering it again."Courtesy Sotheby'sThe backstory in this famous Patek Philippe pocketwatch begins in 1925, when Henry Graves, a leading The big apple banker, commissioned the organization to make "the most complicated watch on earth." After several years of research and several years of effort, rolex submariner vintage Patek Philippe's most talented watchmakers produced this gold, open-faced, minute repeating chronograph watch with Westminster chimes. Its features 24 horological complications altogether add a perpetual calendar, moon-phase indication, sidereal time, power reserve display, and indications for sunset and sunrise times and also the night sky of New York City. The Henry Graves watch retained the title with the world's most complicated watch for 56 years, along with the model that surpassed it absolutely was manufactured by technicians using computer-assisted machines. Sotheby's first sold the Henry Graves Supercomplication in The big apple in December 1999, james bond omega together with sales of 81 masterpieces in the world-renowned Time Museum. By having an estimated tariff of $3-5 million, the watch exceeded all expectations gets hotter sold to get a record-breaking $11 million, becoming the priciest timepiece ever sold at auction. This November, the watch world saw history made yet again.Courtesy Sotheby'sThis article was originally published on July 27, 2014, and it has been upgraded.sharetweetshare replica automatic tag heuer watches
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