• Located at 36 NE 1st St, Miami, FL 33132
  • THE SEYBOLD®
    • ABOUT
      • Lease Retail Space at the Seybold®
      • Over The Years
      • FAQ
      • Go-To Place For All Things Jewelry
      • Instagram
      • Services
      • Motek – Mediterranean Cafe & Restaurant
  • JEWELRY
    • ALL JEWELRY
      • Watches
      • Rings
      • Bracelets
      • Necklaces
      • Earrings
      • Engagement Rings
      • Pins and Brooches
      • Diamonds
      • Gold
      • Precious Stones
      • Pearls
      • Wedding Bands
    • JEWELRY SERVICES
      • Buy Jewelry
      • Sell Jewelry
      • Jewelry Appraisals
      • Jewelry Cleaning
      • Jewelry Diamond Setting
      • Jewelry Engraving
      • Jewelry Financing
      • Jewelry Repair
      • Jewelry Resizing
      • Luxury Jewelry at Wholesale Price
      • Custom Jewelry Design
      • How to pick out an engagement ring?
  • SHOPS
    • STORES
      • First Floor Directory
      • Second Floor Directory
      • Full Directory
      • Shop at Home
      • Brands
      • Jewelry Services
      • Testimonials
  • DIRECTIONS
    • HOW TO GET HERE
      • Via Uber
      • From Miami International Airport
      • From Fort Lauderdale International Airport
      • From Palm Beach International Airport
      • Via Brightline Train
  • NEWS
  • CONTACT
  • Español
SIGN UP

This $31.1 Million Patek Philippe Is Now the Most Expensive Watch Ever Auctioned

This $31.1 Million Patek Philippe Is Now the Most Expensive Watch Ever Auctioned

How’s this for exclusive: On Saturday, Christie’sOpens in a new Window. auctioned off a one-of-a-kind, never worn Patek Philippe watchOpens in a new Window., and the luxury timepiece sold for a record-breaking 31 million Swiss francs, or $31.1 million. That’s the highest price ever paid for an auctioned timepiece, and it beats the previous record by roughly $7.8 million, according to CNN.

The watch, a Patek Philippe Grandmaster Chime 6300A-010, was specially made for this auction. According to a statement from Christie’s, it’s the only version of the timepiece ever produced in stainless steel, and it’s reversible, featuring two dial plates made from 18-carat gold with gold applied Breguet numerals on the time side. There are 20 complications in total, including five chiming modes, a day/night indicator, and day/date on both dials. The case measures 47.7mm in diameter, and it’s held in place with a sleek black hand-stitched alligator leather band. And just in case you forget how rare this ticker is, it’s marked with the inscription “the only one.”

An anonymous buyer purchased the watch on Saturday, and the final sale blew past the watch’s estimated price of $2.5 to $3 million, according to data from Christie’s. Interestingly, the previous record was also held by a Patek Philippe watch: That went to a vintage model made in 1932 that sold for 23.2 million Swiss francs in a 2014 Sotheby’s auction, CNN reports.

The Grandmaster was one of 50 timepieces auctioned during Only Watch, a biannual event to raise money for research into Duchenne muscular dystrophy, a genetic disease that causes muscle deterioration. Overall, the event raised over $38 million for the cause—the bulk of it coming from just one ultra rare, incredibly expensive watchOpens in a new Window..

Read more: Michael Charboneau

Are you looking to purchase High-end Jewelry? The Seybold jewelry building has the highest-end collections available. Visit the Seybold building today your Go-To place for all things jewelry in Miami!

Go Visit

Share

Related posts

January 26, 2023

Make way for the Diva: Bulgari’s watchmaking renaissance


Read more
January 18, 2023

Put a right-hand ring on it


Read more
January 18, 2023

Watches & Wonders 2022: top men’s watches


Read more
January 18, 2023

Beautifully flawed: Pomellato’s Kintsugi jewels break new ground


Read more

The BOLD Life

SPOTIFY PLAYLIST

Shopping at the

Seybold®

ADDRESS

36 NE 1st St, Miami, FL 33132.

HOURS

Mon-Fri: 9:30 AM - 5:00 PM
Sat: 10:00 AM - 4:30 PM
Sun: Closed

CONTACT US



Go to Directory

Search

Categories

  • Bold Life
  • Bold Life Featured
  • Did you know?
  • Events
  • Lifestyle
  • News

Ten floors and over 300 in-house luxury jewelers.

Florida’s premier and full service jewelry center in the heart of Downtown Miami.

NEWSLETTER

Sign up today

  • EnglishEnglish
  • EspañolEspañol
  • THE SEYBOLD®
  • JEWELRY
  • SHOPS
  • FAQ
  • DIRECTIONS
  • NEWS
  • CONTACT
  • How to get there
  • Take an Uber
  • Hours
  • Brands
  • Instagram
  • Jewelry Services
  • Make way for the Diva: Bulgari’s watchmaking renaissance
    January 26, 2023
  • Put a right-hand ring on it
    January 18, 2023
  • Watches & Wonders 2022: top men’s watches
    January 18, 2023
  • Beautifully flawed: Pomellato’s Kintsugi jewels break new ground
    January 18, 2023
  • The hour of the diva: time to shine with Bulgari’s jewelry watches
    December 20, 2022
© 2021 Seybold® Building. All Rights Reserved. Fusco Corporation.
  • THE SEYBOLD®
  • JEWELRY
  • SHOPS
  • DIRECTIONS
  • NEWS
  • CONTACT
  • Español