AUCTION UPDATE : Graves Supercomplication sells for 23.2 million CHF

Graves Supercomplication

In an update to yesterday’s post about the sale of the Graves Supercomplication, earlier today Geneva time the Patek Phillipe Supercomplication pocket watch sold for CHF 23,237,000 (USD23,983,140) at Sothebys, setting a new record for a timepiece sold at auction and soundly thrashing the previous record of USD 11 million set in 1999 by the same piece. The auction estimate had been for a figure around CHF 15 million.

The successful bidder was Mr. Aurel Bacs, a notable figure in the watch world and former head of the Christie’s watch department who now has his own firm of Bacs & Ruso SA.

Categories: Auctions, News, Patek Philippe, pocket watches, watches


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: