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It’s amazing to see the combination of historical relevance, celebrity notoriety, limited availability, and hype that drive up the prices of the costliest watches sold at auctions!
The top three watches on this list are:
- Patek Philippe Grandmaster Chime 6300A-01: This watch made history in November 2019, when it was sold for a hammer price of $31.2 million, breaking the record for the most expensive watch ever sold. It boasts an impressive 20 complications powered by four spring barrels and features a reversible case with rose gold and black dials.
2. Rolex Daytona Paul Newman 6239: This original Paul Newman Rolex Oyster Cosmograph Daytona was sold for $17.8 million in 2017. Paul Newman was known to frequently wear this watch and its sale at Phillips Auction House saw a portion of the proceeds donated to charity.
3. Patek Philippe Stainless Steel 1518: This rare stainless steel Patek Philippe 1518 sold for $11.1 million in 2016, making it the most expensive wristwatch ever sold at auction. It was a groundbreaking timepiece, as it was the first perpetual calendar chronograph to be produced in series, with only a limited number made in stainless steel.
These watches are incredibly desirable because of their interesting past, limited availability, and broad appeal. They are particularly prized at auctions, which is a testament to their status and charm.
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