Swiss Pocket Watch Sells

A gold pocket watch made by Patek Philippe for a banker in the 1930s has sold for a record $21.3 million at auction in Geneva. The sale of the “Henry Graves Supercomplication”, a handcrafted timepiece named after its original owner, a New York banker who ordered it in 1925, weighs more than half a kilo and comprises 900 separate parts.

The winning bidder, who remained anonymous, will have to fork out a total of $24 million, including the commission.It took PATEK PHILIPPE five years to assemble the watch, which has Graves’s name on the dial.

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