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The top 10 most expensive watches sold by Christie's in 2018, ranked
The top 10 most expensive watches sold by Christie's in 2018, ranked
Christine KopaczewskiDec 30, 2018, 23:00 IST
Christie'sThis 1944 18k gold Patek Philippe watch came in at No. 4.
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The 10 most expensive watches sold at Christie's this year ranged in price from $566,000 to $3.2 million.
The auction house also celebrated 25 consecutive years as the leading jewelry auction market in 2018.
Topping this list, a rare Patek Philippe wristwatch sold for a whopping $3,234,905 at Christie's.
In a time when smartphones reign supreme, it's fascinating to find that there are still people willing to pay a pretty penny for a good old-fashioned watch.
Whether they simply value the old way of telling time or are looking for a way to display their style on their wrist, watch buyers were willing to drop some serious cash with Christie's this year.
In 2018, the auction house said it made $492.3 million in total jewelry sales ($484.5 million in live auction and $7.8 million online). The sales total earned Christie's its 25th consecutive year as the leading jewelry auction market. It also saw a new record being set with a bottle of Macallan 60 Year Old selling for a whopping $1.5 million (incidentally, that bottle broke the record set by another bottle of Macallan 60 Year Old, which had sold for $1.1 million just two months prior).
Here are the top 10 most expensive watches sold by Christie's in 2018, ranked from least to most expensive.
5. Stacked with impressive features like a minute-repeating instantaneous perpetual calendar, leap year indication, day and night display modes, and moon phases, it's no wonder this platinum Patek Philippe auctioned for $753,277.
2. An officially certified chronometer, 18K gold Rolex with a triple calendar, star dial, and moon phases, this watch proved to be a big ticket item when it brought in $1,572,500.
1. The year's most expensive watch sale at Christie's, an 18K gold Patek Philippe chronograph watch, signed by Philippe and featuring a perpetual calendar and moon phases, went for a whopping $3,234,905.