Watches are no different. Google, Apple, and Samsung may all be rushing to make smart watches, but the classic chronograph continues to sell.
Since May 2012, Christie’s and Sotheby’s — the major players in the watch auction market — have sold six watches for more than $2 million apiece.
These are the most expensive watches ever sold at auction, as of May 2013.
#18 In November 2009, Antiquorum sold a pocket watch that belonged to Gandhi, along with other objects that belonged to him, for $2.096 million.
#17 An 18-karat yellow gold chronograph by George Daniels sold for $2.1 million at a Sotheby's auction in London in November 2012.
#16 A 1944 stainless steel, water-resistant perpetual calendar Patek Philippe wristwatch sold for $2.26 million to a private Swiss museum at Christie's in November 2007.
#15 This Patek Philippe pink gold, perpetual calendar chronograph wristwatch sold for $2.28 million at Christie's in May 2007.
#14 In November 2011, Antiquorum sold a full 24-hour repeating Patek Philippe pocket watch for $2.29 million.
#13 A Patek Philippe 18-carat pink gold wristwatch with a blue enamel dial from 1953 sold for $2.7 million at Christie's in November 2010.
#12 This 1942 Patek Philippe calendar wristwatch, which shows the moon phases, sold for $2.77 million at Christie's in November 2009.
#10 (tie) A Patek Philippe in pink gold with a perpetual calendar and moon phases sold for $2.78 million at Christie's in Geneva in May 2012.
#10 (tie) The Breguet Museum paid $2.78 million for this Breguet timepiece at Christie's in Geneva in May 2012.
#8 (tie) A Patek Philippe two-crown world time wristwatch depicting North America sold for $2.99 million at a Christie's auction in Geneva in May 2012.
#8 (tie) A, 18-karat, Patek Philippe Henry Graves Jr. watch engraved with the Graves family coat of arms sold for $2.99 million at a Sotheby's auction in June 2012.
#7 This 1954 Patek Philippe platinum perpetual calendar wristwatch, with sweep centre seconds and a moon phase dial, sold for $3.1 million at Christie's in May 2008.
#6 This 1928 Patek Philippe 18-carat, white gold, cushion-shaped, single button chronograph wristwatch sold for $3.6 million at Christie's in May 2011.
#5 This 1949 Patek Philippe stainless steel perpetual calendar wristwatch with Arabic numerals sold for $4.1 million at Christie's in May 2008.
#4 A Breguet & Fils chronograph with two movements from 1814 sold at Christie's in Geneva for $4.7 million in May 2012.
#3 The Yellow Gold Calibre 89, made by Patek Philippe in 1989, sold for $5.2 million at Antiquorum in Geneva in 2009.
#2 This Patek Philippe 18-carat gold perpetual calendar chronograph wristwatch with moon phases and a tonneau-shaped case sold for $5.7 million at Christie's in May 2010.
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