Friday there were rumors in Geneva that Patek Philippe Grand Master Chime Ref. The 6300A could sell for over $ 20 million. But when the hammer finally fell on Saturday at the Only Watch auction, crowds were stunned when the clock sold for a full $ 31,194,370, a figure that cemented its place as the most expensive watch in the world. Past record holders include Patek Philip's Henry Graves Supercomplication, which sold for $ 24 million in 2014, and the Rolex Paul Newman Daytona wrist watch, which sold for $ 17 million in 2017.
Let's keep in mind that while the Patek Philippe Grandmaster Chime is the most expensive and most sought after watch in the Patek Philippe collection, with 1,366 movement components and 214 case components, this version is steel. If this were not for charity – the income from Only Watch benefits from research on Duchenne Muscular Dystrophy – we can believe that the clock-collecting world had really gone crazy. Previous iterations of Grandmaster Chime include Ref. 5175R in 18 carat rose gold, a $ 2.5 million variant introduced in 2014 for Patek Philippe's 175th anniversary. Another, $ 2.2 million Ref. 6300G, was made in white gold. Ref. The 5175R was limited to just seven pieces, one of which lives at the Patek Philippes Museum. Ref. The 6300G was technically not limited, but you can bet it's done very few.
What Finally Ref. 6300A into the stratosphere is the fact that this version is one-of-a-kind fact highlighted on the dial, which spell out "The Only One." More importantly, it was available to anyone willing to raise enough money. Other Grandmaster Chimes are reserved only for Patek Philippe's top collectors – and even they have to submit an application to prove that they are more worthy than their equally wealthy colleagues. Topping it is the golden opaline slice (sometimes referred to as salmon), a treat that has become highly collectible. The disc on the other face is in black ebony. Ultimately, the icing on the one was that it comes packed in a steel box. Of course, steel is not a precious or rare metal, but in recent years it has become increasingly the most sought after material in urine collection.
Here we hope to achieve $ 31 million for steel ref. 6300A helps find a cure for Duchenne Muscular Dystrophy.