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A counterfeit Patek Philippe watch. The hand on the left sub-dial has fallen off. A common myth states that a genuine watch can be discerned from a fake by the fluid movement of the sweep hand. This is because many counterfeited watches use inexpensive crystal quartz movements which produces the start/stop once per second sweep.
A Patek Philippe pocket watch. 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.
Since the 2000s, Patek Philippe timepieces have repeatedly fetched high prices in auctions worldwide. As of 2023, among the world's top ten most expensive watches ever sold at auctions, nine were Patek Philippe watches. Among the top 58 most expensive watches sold at auction (over 2 million US dollars), 46 are Patek Philippe watches.
Pre-owned luxury watches saw a surge in demand during COVID-19—but there's been a sharp reversal since. Prices of high-end Rolex and Patek Philippe watches hit a new 2-year low as luxury slump ...
It was called Patek Philippe Henry Graves Supercomplication. Designed and built by Patek Philippe, it was an ultra-complicated (24 functions) pocket watch. Graves spent 60,000 Swiss francs (USD $15,000) (equivalent to $353,059 in 2023), [5] nearly five times the price paid by Packard. It took three years to design, another five to manufacture ...
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