Patek Philippe watch sells for record $24.4 million at Sotheby's
The world's most "complicated" handmade watch makes history
Made by the famed luxury watchmaker Patek Philippe in 1933 for the prominent banker Henry Graves, Sotheby's sale has just smashed the world record for the most expensive watch ever sold at auction – which was previously held by the very same watch.
The gold watch, was sold back in 1999 to Sheikh Saud Bin Mohammed Bin Ali Al-Thani of the Qatari royal family, for $11 million, and was then re-released in 2014 to coincide with the 175th anniversary of the Swiss watchmaker, selling for $24.4 million.
The timepiece has been called "the most important watch in the world," said to be "one of the wonders of the world," and "the collector's holy grail", as it boasts 24 complications and 900 individual parts.