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‘Holy Grail’ of watches by Replica Patek Philippe sells for a world

The ‘Holy Grail’ of watches sold at auction today to a Replica Patek Philippe mystery buyer – for a world record £15.1million.
Wealthy collectors descended on Geneva, Switzerland, for the sale of the Henry Graves Supercomplication.
Made by Patek Philippe, it is the most complex watch ever assembled entirely by hand and was offered with an estimate of £10million.

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A bidding frenzy soon broke out in the Sotheby’s auction room after an opening offer of 9m Swiss francs (£5.85m).
There were tense moments in the auction house and bids became drawn out around the 18m mark (£11.7m).
The hammer eventually went down at a staggering 20.6million (£13.4m) – a new world record with the auction house – sparking a round of applause.
With auction costs, the final price paid by the ‘man in a red tie’ was £15.1 million.
Patek Philippe was commissioned by New York banker Henry Graves to make the watch in 1925.
It took Swiss horologists three years to research and a further five to make, completing it in 1933.
The watch has a gold openface minute repeating chronograph clockwatch with Westminster chimes.
It also features a perpetual calendar, moon phases, sidereal time, power reserve, and indications for time of sunset and sunrise and the night sky of New York City.
In total, there are 24 horological complications and ‘The Graves’ held the title of the world’s most complicated watch for 56 years.
The masterpiece has only been surpassed by technicians working with the aid of computers. It was last Replica Patek Philippe wound in 1969 and is still in working order.

Replica Patek Philippe 7041R-001 – Rose Gold – Ladies – Gondolo

Mechanical manually wound Replica Patek Philippe 7041R-001 movement, Caliber 215 PS, Seconds subdial, Dial flange set with 108 diamonds (~0.31 ct.), Grained silvery-white dial with brown roman numerals, Strap: alligator with square scales, hand-stitched, shiny dark chestnut with cream-colored stitching, Prong buckle, Sapphire-crystal case back, Water resistant to 30 m, Rose gold, Case dimensions: 30×33.8 mm.

MOVEMENT

  • Mechanical manually wound movement
  • Caliber 215 PS
  • Diameter: 21.9 mm
  • Height: 2.55 mm
  • Jewels: 18
  • Bridges: 5
  • Parts: 130
  • Balance: Gyromax®
  • Vibrations/hour: 28 800 (4 Hz)
  • Power reserve: Min. 44 hours
  • Hallmark: Patek Philippe Seal

This watch dates to 1956, meaning it likely sat at a retailer waiting for a home for a few years before it was given to Rosell B. Perkins in 1959 after the then-governor’s first year in Albany. The two men had worked together for over a decade and both served in President Dwight D. Eisenhower’s Sub-Cabinet. When Rockefeller was elected Governor of New York, he appointed Perkins as his Counsel. The watch’s screw-down caseback is engraved “R.B.P / Jan. 1 – Mar. 25, 1959 / N.A.R” to commemorate the occasion.

The Watch

The reference 1463 chronograph was Patek Philippe’s Replica first waterproof chronograph, though it’s much better suited to a beach chair in front of Hotel Carleton than taking a dip. From its introduction in the early 1940s through the release of the reference 5070 in 1998, it was the only waterproof chrono made by Patek. As with many mid-century classics, the 1463 came in a variety of dial and case configurations with the vast majority produced in yellow gold. In this way the watch here is typical, but it has the much-desired Breguet numeral dial instead of one with more pedestrian stick markers or numerals at only 12 and 6.