The Patek Phillipe Kingdom

The Platinum World Time created by Patek Philippe was sold at auction for over $4 million USD in 2002. It is believed that only one was created and, at the time, it was the most expensive wristwatch in the world.

In fact, Patek Philippe had produced all of the ten most expensive watches in the world. The company, headquartered in Geneva, made their first wristwatch in 1868. They had already made a name for themselves prior to that, however, by providing watches to Queen Victoria herself in 1851. Other notable customers include Pope Pius IX, a king and queen of Denmark, an Italian king and Saddam Hussein’s son-in-law.

Patek Philippe’s most expensive watch was a yellow-gold pocket watch created in 1932 for New York banker Henry Graves, Jr. The watch, Supercomplication, was created as part of a vain competition Graves had with Ohio automobile engineer James Ward Packard to have commissioned a watch with the most complications in the world. This watch, of course, guaranteed that Graves won the contest. Supercomplication wasn’t surpassed until over fifty years later, when Patek Philippe created the 18k gold Caliber 89 which had a total of thirty-three different functions.

Graves’ watch became the most expensive watch in the world when it was sold at auction in 1999 for over $11 million USD. Caliber 89 went for a mere $6 million