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

Imagine spending $1.2 million on a watch and then quintupling your investment a few years later - that's what happened with this record-breaking Patek Philippe.

by | Published on 29th Mar 2023

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.

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.

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.

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.



You might be interested in

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.

Trending This Week

Related Articles