Do you have 12 million Euros on a forgotten bank account? Maybe this is the moment to check your accounts. On 14 November the most expensive watch in the world -the Patek Philippe Henry Graves Supercomplication- will be brought to the hammer at Sotheby's in Geneva. We’ve got a small hint: it seems to be a good investment.
The Patek Philippe Henry Graves Supercomplication. It sounds good. Back in 1925 banker Henry Graves from New York asked Patek Phillipe to create a extraordinary watch. Nowadays most of us are already satisfied with a TW Steel watch or a Welder watch. But this American banker only wanted the most complicated watch in the world. Well, Henry Graves question was the start of a great watch history.
The Patek Philippe Henry Graves Supercomplication became the most complicated watch ever made. Today it’s the most expensive watch in the world. After three years of research and five years of production the watch was finished in 1933. It’s made of 18-carat gold, shows the time, has a perpetual calendar, shows the sunrise and sunset in New York and provides information about the stars above ‘the Big Apple’. Moreover the watch has 21 other functions.
Meanwhile, the Patek Philippe is not the most complicated watch in the world anymore. Thanks to the computer it is possible to built more complicated watches then the 80 year old Patek Philippe Henry Graves Supercomplication. But it took 59 years to built a more complicated watch! It’s a pity… But the Henry Graves Supercomplication is still the most expensive watch in the world. 15 years ago a new owner payd 8 million Euros for this golden watch. The future new owner has to pay at least 12 million Euros. That means that the watch became in the past 15 years every year 267.000 Euros more expensive! A very interesting investment…