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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.
This historic watch was also featured in "Time in Office", an exhibit held at the National Watch and Clock Museum that showcased the actual timepieces used by past American presidents dating back to George Washington. [5] Gallet made a specific "Red Tail" edition of their Flying Officer Chronograph during World War II.
The so-called trench watch, or 'wristlets' were practical, as they freed up one hand that would normally be used to operate a pocket watch, and became standard equipment. [187] [188] The demands of trench warfare meant that soldiers needed to protect the glass of their watches, and a guard in the form of a hinged cage was sometimes used. [188]
Quartz clocks and quartz watches are timepieces that use an electronic oscillator regulated by a quartz crystal to keep time. This crystal oscillator creates a signal with very precise frequency , so that quartz clocks and watches are at least an order of magnitude more accurate than mechanical clocks .
Sold through Phillips' Geneva auction house, the watch fetched a final price of US$11.14 million (CHF 11,002,000). [80] This was the first time that a steel-case Ref. 1518 (only four were made in steel) went for auction; in fact, this piece was the first of the four steel Ref. 1518 manufactured, which features a chronograph and perpetual calendar .
Hans Wilsdorf moved to London in 1905 and set up his own business with his brother-in-law Alfred Davis, Wilsdorf & Davis, providing quality timepieces at affordable prices – the company later became Rolex. [37] Wilsdorf was an early convert to the wristwatch, and contracted the Swiss firm Aegler to produce a line of wristwatches.
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With prices similar to Swiss luxury brands, the quality, fit and finish of Raketa timepieces have improved markedly since the 1960s. Since "Raketa" is one of the rare manufacturers capable of fully producing its watches, including movements, hairsprings and escapements in-house, its parent firm, Petrodvorets Watch Factory, is beginning to ...