The timeless appeal of the timepiece. The functional mechanism turned fashion pice. A whole category of fashion encompassing the recollection of time is a highly sought out experience. Luxury Brands among Patek Phillipe, Rolex, Richard Mille, and Audemars Piguet, have some of the most expensive watches sold at auction.
Patek Phillipe surely has the most outlandsish sales to date. With the highest grossing over 31 million dollars at auction in 2019. And the second most sold at 23 million in 2014. The average sold among all watchmakers are at about 2 million at auction.
Crunching the numbers pulls out some interesting statistics; excluding watches that have come up twice, 72 watches have sold for in excess of 2M CHF, representing a sum total of 311M CHF. Patek Philippe is the dominant brand making up 82% of the list, and interestingly, yellow gold is the top material at 44%, followed by pink gold, then steel, and platinum. Unsurprisingly the Patek Philippe reference 2499 is the most frequent entry with 15%, with the double crown world time reference 2523 at 8%. Wristwatches account for 78% or results, while pocket watches represent the remaining 22%. Watch Manual
## # House Date Location Make Price CHF
## 1 1 Only Watch Nov 2019 Geneva Patek Philippe 31,000,000
## 2 2 Sotheby’s Nov 2014 Geneva Patek Philippe 23,237,000
## 3 3 Phillips Oct 2017 New York Rolex 17,323,129
## 4 4 Phillips Nov 2016 Geneva Patek Philippe 11,002,000
## 5 5 Christie’s Nov 2019 Hong Kong Patek Philippe 8,943,325
## 6 6 Only Watch Nov 2015 Geneva Patek Philippe 7,300,000
## 7 7 Antiquorum Apr 2002 Geneva Patek Philippe 6,603,500
## 8 8 Antiquorum Apr 2004 Geneva Patek Philippe 6,603,500
## 9 9 Christie’s May 2010 Geneva Patek Philippe 6,259,000
## 10 10 Only Watch Nov 2017 Geneva Patek Philippe 6,200,000
## 11 11 Phillips May 2018 Geneva Rolex 5,937,500
## 12 12 Antiquorum Nov 2009 Geneva Patek Philippe 5,120,000
## 13 13 Phillips May 2017 Geneva Rolex 5,066,000
## 14 14 Phillips May 2015 Geneva Patek Philippe 4,645,000
## 15 15 Christie’s November 2019 Geneva Patek Philippe 4,575,000
## 16 16 Sotheby’s July 2019 London George Daniels 4,514,810
## 17 17 Christie’s May 2012 Geneva Breguet 4,339,000
## 18 18 Sotheby’s Sep 2017 London George Daniels 4,159,703
## 19 19 Christie’s May 2008 Geneva Patek Philippe 4,127,000
## 20 20 Sotheby’s Nov 2018 Geneva Patek Philippe 3,915,000
## 21 21 Antiquorum Jun 2002 Hong Kong Patek Philippe 3,912,097
## 22 22 Christie’s Nov 2012 Geneva Patek Philippe 3,779,000
## 23 23 Phillips May 2017 Geneva Rolex 3,722,000
## 24 24 Only Watch Sep 2013 Monaco Patek Philippe 3,654,486
## 25 25 Christie’s Nov 2012 Geneva Patek Philippe 3,443,000
## 26 26 Antiquorum Apr 2005 Geneva Vacheron Constantin 3,306,250
## 27 27 Phillips Nov 2015 Geneva Patek Philippe 3,301,000
## 28 28 Christie’s Nov 2018 Geneva Patek Philippe 3,252,500
## 29 29 Christie’s May 2016 Geneva Breguet 3,245,000
## 30 30 Christie’s May 2011 Geneva Patek Philippe 3,235,000
## 31 31 Christie’s May 2008 Geneva Patek Philippe 3,207,400
## 32 32 Antiquorum Oct 2002 Geneva Patek Philippe 3,193,500
## 33 33 Christie’s Nov 2012 Hong Kong Patek Philippe 3,093,882
## 34 34 Phillips de Pury Nov 2001 Geneva Patek Philippe 3,083,500
## 35 35 Sotheby’s Nov 2018 Hong Kong Patek Philippe 2,953,525
## 36 36 Antiquorum Apr 2002 Geneva Patek Philippe 2,918,500
## 37 37 Christie’s May 2017 Geneva Patek Philippe 2,911,500
## 38 38 Phillips Nov 2017 Hong Kong Patek Philippe 2,809,697
## 39 39 Christie’s Nov 2009 Geneva Patek Philippe 2,787,000
## 40 40 Phillips Nov 2017 Geneva Patek Philippe 2,772,500
## 41 41 Christie’s May 2012 Geneva Patek Philippe 2,771,000
## 42 42 Antiquorum Apr 2002 Geneva Patek Philippe 2,753,500
## 43 43 Christie’s May 2007 Geneva Patek Philippe 2,736,000
## 44 44 Sotheby’s Jun 2014 New York Patek Philippe 2,652,483
## 45 45 Christie’s Nov 2014 Geneva Patek Philippe 2,629,000
## 46 46 Christie’s May 2012 Geneva Patek Philippe 2,547,000
## 47 47 Christie’s May 2012 Geneva Breguet 2,547,000
## 48 48 Christie’s Nov 2005 Geneva Patek Philippe 2,540,000
## 49 49 Phillips de Pury May 2002 Geneva Patek Philippe 2,533,500
## 50 50 Phillips May 2016 Hong Kong Patek Philippe 2,522,150
## 51 51 Christie’s Nov 2007 Geneva Patek Philippe 2,513,000
## 52 52 Phillips May 2016 Hong Kong Patek Philippe 2,491,636
## 53 53 Christie’s November 2019 Hong Kong Patek Philippe 2,462,839
## 54 54 Antiquorum Mar 2009 New York Zenith 2,427,709
## 55 55 Phillips May 2019 Geneva George Daniels 2,420,000
## 56 56 Phillips May 2016 Geneva Rolex 2,405,000
## 57 57 Christie’s Nov 2013 Geneva Patek Philippe 2,372,000
## 58 58 Sotheby’s May 2008 Geneva Patek Philippe 2,345,000
## 59 59 Phillips Nov 2019 Hong Kong Patek Philippe 2,313,064
## 60 60 Phillips Nov 2017 Geneva Patek Philippe 2,292,500
## 61 61 Phillips December 2019 New York Patek Philippe 2,265,955
## 62 62 Christie’s May 2004 Geneva Patek Philippe 2,252,000
## 63 63 Antiquorum Apr 2006 Geneva Patek Philippe 2,250,500
## 64 64 Christie’s Nov 2014 Geneva Patek Philippe 2,225,000
## 65 65 Antiquorum Apr 2004 Geneva Patek Philippe 2,203,500
## 66 66 Christie’s Jun 2013 New York Patek Philippe 2,122,095
## 67 67 Phillips de Pury Nov 2002 Geneva Patek Philippe 2,102,200
## 68 68 Christie’s Nov 2011 Geneva Patek Philippe 2,099,000
## 69 69 Antiquorum Nov 2000 Geneva Patek Philippe 2,093,500
## 70 70 Antiquorum Apr 1996 Geneva Patek Philippe 2,093,500
## 71 71 Christie’s Nov 2014 Geneva Patek Philippe 2,045,000
## 72 72 Sotheby’s May 2003 Geneva Patek Philippe 2,029,600
## Notes
## 1 Steel 6300 Only Watch 2019
## 2 Graves Super Complication
## 3 Paul Newman Paul Newman
## 4 Steel 1518
## 5 2523 pink gold blue enamel Gobbi dial
## 6 Steel 5016 Only Watch 2015
## 7 Platinum 1415
## 8 White gold Calibre 89
## 9 Unique perpetual calendar chronograph 1527
## 10 Titanium 5208 Only Watch 2017
## 11 Unicorn white gold Daytona
## 12 Yellow gold Calibre 89
## 13 Bao Dai 6062
## 14 130 steel The Doctor’s Wristwatch
## 15 Henry Graves minute repeater
## 16 Space Traveller I
## 17 Garcias double movement pocketwatch
## 18 Space Traveller II
## 19 Briggs Cunningham steel 1526
## 20 Asprey 1st series 2499
## 21 Gradowski clockwatch
## 22 The J.B. Champion
## 23 Gold screw pusher lemon Newman “Legend”
## 24 Titanium 5004 Only Watch 2013
## 25 Platinum 2499
## 26 King Fouad pocketwatch
## 27 Steel 1436
## 28 Serpico 1st series 2499
## 29 Havas pocketwatch
## 30 1928 white gold single button chronograph
## 31 Platinum 2497
## 32 Pink 1st series 2499 pulsation Freccero dial
## 33 Star Calibre
## 34 Early centre seconds perpetual calendar in gold
## 35 Pink 3rd series 2499 Tiffany dial
## 36 White gold 130
## 37 Selassie 2497
## 38 2523 double crown guilloche centre
## 39 The first centre seconds perpetual calendar
## 40 Pink 3rd series 2499
## 41 2523 double crown North America map, Manila
## 42 1415 Eurasia cloisonné dial
## 43 Pink 2nd series 2499 Gobbi dial
## 44 Early single button chrono, 5959 inspiration
## 45 Pink 1st series 2499
## 46 Pink 1st series 2499
## 47 Peyronnet pocketwatch
## 48 Graves Grande Complication
## 49 Duke Ellington split second
## 50 Pink 3rd series 2499
## 51 Early centre seconds perpetual calendar in steel
## 52 2523 double crown guilloché centre
## 53 6002 Sky Moon Tourbillon black dial
## 54 Ghandi’s pocketwatch
## 55 Super Complication
## 56 Oversized split second chronograph
## 57 1925 left handed split second chronograph
## 58 Count Trossi oversized chronograph
## 59 Sky Moon Tourbillon red markers
## 60 White gold 2497 with bracelet
## 61 Pink 1518
## 62 Graves platinum tourbillon pocketwatch
## 63 2523 double crown North America map
## 64 2523 double crown blue enamel
## 65 Steel 530 sector chronograph
## 66 Palmer complicated pocketwatch
## 67 Pink 1st series 2499
## 68 Pink gold 3448 Freccero
## 69 1938 perpetual calendar
## 70 1939 minute repeating perpetual calendar
## 71 White gold 2497 with bracelet
## 72 Reference 96 perpetual calendar