New record set by Patek Philippe as the world’s most expensive watch

The Christie’s only watch auction held on Saturday saw a never before story. A unique wrist watch designed by well-known watchmakers like Patek Philippe, Audemars Piguet and F.P Journe was sold off at a humungous price of Rs.220 Crores breaking a world record of being the most expensive wrist watch on Earth. 

The wrist watch thus receiving a title of the most expensive watch was hugely drooled over by watch collectors around the world. The starting bid for the auction began at $100,000 dollars, which then received steep increase in price as more and more watch enthusiasts placed their bid for the one-of-a-kind watch. The watch so coveted was indeed one-of-a-kind with a beautiful colour combination of pink on the inside and silver on the outside. It is embedded with 17 jewels and has a platinum plate. 

The auction held on Saturday was organized in Geneva, Switzerland. It was a charity auction where the funds raised would be used in contributing to the research on Duchenne muscular dystrophy. The auction was very successful and needless to say, the maximum fund was generated from the most coveted Patek wrist watch. Switzerland has once again proved that it is the king of watches. 

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