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On 11 November 2014, the watch was sold in Geneva, Switzerland. The final price, bid by Aurel Bacs serving as proxy for an anonymous entity, reached 23,237,000 Swiss francs, equivalent to US$24 million at the time. The sum established a new highest price for a timepiece, including both pocket watches and wristwatches. [18]
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.
Police logo. Police is an Italian brand of fashion accessories. Launched in 1983 by the De Rigo brothers as the first brand of their company Charme Lunettes, which initially specialized in manufacturing sunglasses for third parties. Today, the Police brand is a business unit the De Rigo group of brands and companies [1] [2] [3] [4]
The watch was an 18-size, full plate design. In 1869, the National Watch Company won "Best Watches, Illinois Manufacture" at the 17th Annual Illinois State Fair, for which it won a silver medal. [3] The company officially changed its name to the Elgin National Watch Company in 1874, as the Elgin name had come into common usage for their watches.
Luminox Watch Company is a U.S. company founded in 1989 and headquartered in Pfaffikon, Switzerland. Luminox also makes branded watches for various military groups with custom insignias and designs. Among these are the Heliswiss team, US Coast Guard , US Air Force , and a variety of other special forces and EMS teams worldwide.
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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 .