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Time Tells Wealth: The Most Expensive Watches Auctioned in History

Updated: Dec 16

A Look at High-End Watches Auctioned for Millions with Sàwai Black


When it comes to luxury items, few things embody prestige and elegance quite like high-end watches. These exquisite timepieces often transcend their primary function, becoming symbols of prestige, craftsmanship, and even status. 


Some watches have fetched staggering prices at auctions, turning them into the ultimate collector's items. Here, we delve into the most expensive watches ever sold at auction, showcasing the craftsmanship, history, and exclusivity that define these remarkable pieces.


From Collector’s Dream to Auction Block: The Costliest Watches


The realm of luxury watches is vast, and some pieces have garnered record-breaking sums at auctions. 


1. Patek Philippe Grandmaster Chime Ref. 6300A


In 2019, this Patek Philippe timepiece made history when it was sold for a staggering $31 million. The Grandmaster Chime is not only a technical marvel with 20 complications, but also a unique piece crafted specifically for the "Only Watch" charity auction. The complexity, craftsmanship, and exclusivity made it a must-have for collectors.


2. Rolex Daytona “Paul Newman” Ref. 6239


This iconic watch once owned by actor Paul Newman set the auction world ablaze in 2017 when it sold for $17.8 million. Known for its stylish, rare dial and celebrity association, it remains one of the most sought-after watches in the world of collectors.


3. Patek Philippe Henry Graves Supercomplication


This pocket watch was commissioned by banker Henry Graves Jr. in 1933 and is considered one of the most complicated mechanical watches ever made, featuring 24 complications. It sold for $24 million at a Sotheby’s auction in 2014, a true masterpiece of horological craftsmanship.


4. Patek Philippe Stainless Steel Ref. 1518


One of only four known models, this rare stainless steel Patek Philippe 1518 sold for $11.1 million at a Phillips auction in 2016. Its rarity and timeless design make it a prized possession for collectors worldwide.

5. Jacob & Co. Billionaire Watch


True to its name, the Billionaire Watch sold for $18 million in 2018. Encrusted with 260 carats of diamonds and a skeletonized design showcasing its intricate movement, this watch is a dazzling combination of haute horlogerie and opulence.

Additionally, the auction market has witnessed the sale of other high-end brands, such as Audemars Piguet and Vacheron Constantin, with prices soaring into millions. The allure of these timepieces lies not only in their craftsmanship but also in the stories they tell, from royal ownership to revolutionary designs.


But what makes these watches so valuable? 


Factors such as rarity, historical significance, brand reputation, and craftsmanship play a crucial role. For collectors, owning one of these masterpieces is not just about telling time - it's about owning a piece of art, a symbol of success and status.

Investing in Luxury with Sàwai Black


Owning an expensive watch is not merely a statement of wealth; it is an investment in a piece of history and craftsmanship. The most expensive auctioned watches, with their exceptional stories and remarkable designs, become symbols of prestige. 

In the luxury watch market, discerning collectors understand the importance of authenticity and quality. 

Whether you’re an avid collector or a first-time buyer, aligning with a trusted source like Sàwai Black is vital in ensuring that your luxury investment is both authentic and valuable.

Why Choose Sàwai Black?


Sàwai Black goes beyond just providing access to luxury items; we offer a personalised experience tailored to meet your high standards. Our focus on authenticity ensures that each piece we offer is genuine and worth the investment. 

From rare watches to other luxury items, every piece in our collection is chosen with care, prioritising both sophistication and functionality.

The world of auctioned watches is fascinating and filled with extraordinary stories. From record-breaking sales to intricate craftsmanship, these timepieces are more than just tools for telling time; they are reflections of culture, artistry, and status. 

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