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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.
Prices paid for the holy trinity of Swiss watches — Rolex, Patek Philippe, and Audemars Piguet — fell 4.9%, 6.5%, and 7.4%, respectively. This follows a rough 2023 when Rolex prices fell 8.2% .
Patek Philippe SA (French: [paˈtɛk fiˈlip]) is a Swiss luxury watchmaker and clock manufacturer, located in the Canton of Geneva and the Vallée de Joux. [3] Established in 1839, it is named after two of its founders, Antoni Patek and Adrien Philippe.
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By 2017 grey market sales of luxury watches were "upending the global watch industry," according to Barron's; exports of new watches from Switzerland fell 10% in 2016 and there was a glut of inventory of new watches, driving prices down. [10]
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The Patek Philippe Calatrava is a line of dress watches built by Swiss watchmaker Patek Philippe. [1] Known for its simple and elegant design, the Calatrava wristwatch has been a flagship model of Patek Philippe since its introduction. [2] [3] [4] The first version of the Calatrava was launched in 1932, inspired by the Bauhaus principle. [5] [6 ...
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