Posted June 27th, 2009 3:25 pm by admin
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Watches, MOST EXPENSIVE
Top 10 Most Expensive Watches
#3 Patek Philippe Platinum World Time
The #3 Most Expensive Watch Platinum World Time (1939) from Patek Philippe is often believed by experts to be the only watch ever of its kind; it was sold for $4,026,524 by the leading watch autioneer Antiquorum in 2002. The auction price of the watch was more than double the world-record sale price for any wristwatch. The earlier record for a wristwatch was about $2 million. In the 2002 auction, the watch was bought by an Asian buyer.
This watch manufactured in the year 1939 is unique as is shows time in 42 cities around the globe. The World Time complication was the brainchild of Louis Cottier, a famous independent watch manufacturer. He invented it during 1935. Later, this world time complication was taken by Patek Philippe to manufacture great timepieces.
For the world time, the owner has to wind the watch and select a city so that it can direct it to the 12 o’clock point. This helps the hour hand and the center ring to move to a certain time and show the correct time of the selected city.
The Platinum World Time wristwatch from Patek Philippe is appreciated and preferred by both the watch lovers and watch collectors. The other designs, which are in vogue, are the ones that have hand-painted cloisonné miniature and those with enamel themes. Watch collectors and lovers prefer those pieces that have a world map at the center of the dial.
This platinum Patek Philippe World Time or for that matter any Patek Philippe wrist watches are worth an investment.
