Watches

You can buy a couple of Bugattis for the same price as this Patek Philippe

Published on Mar 29, 2023 at 12:50 PM (UTC+4)
by Alessandro Renesis

Last updated on Mar 30, 2023 at 4:22 PM (UTC+4)
Edited by Kate Bain

This Patek Philippe Grand Complication Sky Moon Tourbillon just set the world record for the most expensive watch sold online.

In fact, you can buy a couple of Bugattis for the same price as this Patek.

Record-breaking Patek Philippe, both dials - Image courtesy of Christie's
Record-breaking Patek Philippe, both dials – Image courtesy of Christie’s

READ MORE: The auction price of this Patek Philippe Tiffany Blue Nautilus will make you gasp for air

The watch has two faces and each dial serves a purpose.

The front dial indicates the hours and minutes of standard time, and it is used to display a perpetual calendar, which will be accurate for the next 100 years.

It even takes leap years into account.

In addition to that, you’ve got days of the week at the 9 o’clock, a leap year indicator at the 12, and a moon phase at the 6 o’clock.

Record-breaking Patek Philippe, dial - Image courtesy of Christie's
Record-breaking Patek Philippe, dial – Image courtesy of Christie’s
Record-breaking Patek Philippe, front dial - Image courtesy of Christie's
Record-breaking Patek Philippe, front dial – Image courtesy of Christie’s

The second dial, located where the case back would normally be, displays a star chart of the northern sky and an additional indicator showing the rising and setting orbit of the moon.

It also displays something called sidereal time, which is a timekeeping system used to locate celestian objects.

Record-breaking Patek Philippe, case back - Image courtesy of Christie's
Record-breaking Patek Philippe, case back – Image courtesy of Christie’s
Record-breaking Patek Philippe, case back back dial - Image courtesy of Christie's
Record-breaking Patek Philippe, case back back dial – Image courtesy of Christie’s

The seller bought it new in 2015 for around $1.2 million.

It’s an exorbitant amount of money for a watch but, even so, it turned out to be a great investment.

The Christie’s online auction kicked off with a $3.5 million bid, and the price quickly shot up to $5 million.

The final bid was $5,790,153 when the gavel fell.

That’s more than any Ferrari, any Lamborghini, and even most Bugattis since a brand-new Bugatti Chiron costs around $3 million.

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Experienced content creator with a strong focus on cars and watches. Alessandro penned the first-ever post on the Supercar Blondie website and covers cars, watches, yachts, real estate and crypto. Former DriveTribe writer, fixed gear bike owner, obsessed with ducks for some reason.