$2.7 Million Patek Philippe Watch Stars in Christie's Sale

by Jared Paul Stern (RSS feed)
Apr 5th 2011 at 10:01AM

An extremely important white gold Patek Philippe single-button chronograph from 1928, undoubtedly the only one of its kind, is expected to fetch up to $2.7 million at Christie's Important Watches sale in Geneva on May 16.

Created in 1928 on the eve of the stock market crash, the unique and complicated 1928 chronograph was a bespoke commission from one of Patek Philippe's most important patrons, though his exact identity is unknown.

The cushion-shaped wristwatch, with vertically positioned registers and Breguet numerals, is the only known example extant of a single-button chronograph by Patek Philippe made in white gold.

As such, it's perfectly possible that it could end up selling for more than $2.7 million, especially with the buoyant market for such horological masterpieces at the moment.

[via JustLuxe]

Tags: auctions, bespoke, Christies, chronograph, Geneva, gold, most expensive watches, Patek Philippe, watches, white gold