Arrow Fat Left Icon Arrow Fat Right Icon Arrow Right Icon Cart Icon Close Circle Icon Expand Arrows Icon Facebook Icon Pinterest Icon Twitter Icon Youtube Icon Hamburger Icon Information Icon Down Arrow Icon Mail Icon Mini Cart Icon Person Icon Ruler Icon Search Icon Shirt Icon Triangle Icon Bag Icon Play Video
  • Patek Philippe 5016A wristwatch sets new auction record
  • Post author
    Paul Fraser
  • 5016APatekPhilippewristwatch

Patek Philippe 5016A wristwatch sets new auction record

A Patek Philippe 5016A has set a new world record for a wristwatch at auction.

It made $7.2m at the Only Watch sale held by Phillips in Geneva on November 7.

Patek Phillipe watch
Patek Philippe only made one 5016A in steel

The piece is the only version of the watch built in steel and features a tourbillon, perpetual calender and minute repeater.

All proceeds from the sale will fund research into Duchenne Muscular Dystrophy, a rare disease that mainly affects young boys.

The record for any watch is Patek Philippe's legendary Henry Graves Supercomplication, which sold for $20.5m in 2014.

Please sign up to our free newsletter to receive exciting news about watches and jewellery auctions.

  • Post author
    Paul Fraser
  • 5016APatekPhilippewristwatch