World’s most expensive wristwatch ‘Patek Philippe’ fetches a whopping $31 million

An exclusive and one-of-a-kind Patek Philippe watch sold for $31 million at a charity auction in Geneva, making it the most expensive wristwatch ever auctioned.

The previous record for a wristwatch which fetched $17.7 million in 2017 for a Rolex Daytona once owned by Paul Newman. But the The steel Patek Philippe Grandmaster Chime Ref. 6300A-010 smashed the previous records.The Patek was sold as part of the Only Watch auction in Geneva held by Christie’s to benefit research on Duchenne muscular dystrophy. For the selling purposes watchmakers took help of the best watchmakers around the world including Patek, Audemars Piguet and F.P. Journe created and donated one-of-a-kind watches. The fact that the sale was for charity helped boost the bidding prices, according to the auctioneers.The Patek Philippe Grandmaster Chime reference 6300A-010 is the only one of its kind that will be made in stainless steel. It has 20 complications. It inlcudes a grande and petite sonnerie, a minute repeater, instantaneous perpetual calendar with a four year display, second time zone and 24-hour and minute subdial. The black dials -one salmon colored and the other black is the most unique feature in it.

The buyer of the watch has not yet been identified.