The most expensive watch sold at auction was a one-off stainless-steel edition of the Patek Philippe Grandmaster Chime Ref. 6300A, which achieved 31 million Swiss francs (£24,329,900; $33,649,500; €28,520,400) at the eighth Only Watch auction held at Christie’s in Geneva, Switzerland, on 9 November 2019. As this was a charity event, there were no auction fees or buyer’s premium.
In addition to its one-off steel casing, several other features made this watch unique, including golden opaline and ebony-black dials and an inscription on one of the dials of “The Only One”.
Of the total CHF 38,593,000 accrued at the eighth Only Watch charity auction, 99% of the proceeds went to funding research into muscular dystrophy.
This beat the previous record, also held by a Patek Philippe & Co. timepiece, of 23.22 million CHF (£15.1 m/$24 m), including buyer’s premium, paid for the unique Henry Graves Jr Supercomplication, a gold, double-dialled and double open-faced, minute-repeating clockwatch (pocketwatch) crafted by hand between 1925 and 1932 by (Switzerland). This was sold at the Important Watches sale at Sotheby’s in Geneva, Switzerland, on 11 November 2014.
This also beats the previous most expensive wristwatch: a Rolex Oyster Cosmograph Daytona, aka the “Paul Newman” Rolex, which sold to a private telephone bidder for $17,752,500 (£13,520,300), including buyer’s premium, on 26 October 2017 at Phillips Auctioneers in New York City, USA.
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History of Auctioneering
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A limited edition Swatch watch – one of only 140 made – designed in 1984 by French artist Christian Chapiron (known as Kiki Picasso) sold at auction at Sotheby’s, Milan, Italy in 1989 for $45,000 (£27,450).
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The earliest official online game auction site was Station Exchange. Launched by SOE in June 2005, it provided a legitimate means for players to buy and sell characters, items and money to other players, for real money, woth SOE making a cut from the profits. As well as raising revenue for the company, Station Exchange provides players with a safe way of performing transactions, without having to use third party websites.
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A Hong Kong based investor paid US$2.1 million (?1.3 million) on 28 June 2008 for a lunch date with Warren Buffett, the world’s richest man. Zhao Danyang (Hong Kong) enjoyed a meal for himself and seven friends accopmanied by Mr. Buffett at Smith & Wollensky’s steakhouse in New York.
All proceeds from the auction went to a charity which helps the poor and homeless in San Francisco.
Warren Buffett is an American investor and the largest shareholder and CEO of Berkshire Hathaway.
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The most expensive music single sold at auction is a rare seven-inch copy of unreleased 1965 single Do I Love You (Indeed I Do) by Frank Wilson (USA). It sold for £25,742 ($39,294) to a buyer who wished to remain anonymous. Seller Kenny Burrell, a DJ and record collector stated that he was selling his copy in order to gain credibility as a record expert.
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Portrait of an Artist (Pool with Two Figures), painted by British artist David Hockney (b. 9 July 1937) in 1972, sold for $90,312,500 (£69,547,900; €79,919,300) – including buyer’s premium – at Christie’s auction house in New York City, USA, on 15 November 2018. This makes the acrylic-on-canvas the most expensive painting by a living artist sold at auction to date.
The dimensions of the painting are 213.5 x 305 cm (84 x 120 in).
Portrait of an Artist (Pool with Two Figures) takes this record from Jeff Koons’s Balloon Dog (Orange) – a 3.6-metre (12-foot-high, orange-tinted, stainless-steel sculpture resembling a dog made from balloons that sold at Christie’s in New York City, USA, on 12 November 2013 for $58.4 million (£36.49 million; €43.6 million).
Hockney first created a painting based on this composition in 1971, but unhappy with the results, he destroyed it. The current work was a second attempt, created in April 1972 in just a few weeks (working for up to 18 hours a day) for an exhibition at the André Emmerich Gallery in New York City, USA.
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The most expensive book illustration sold at auction is E.H. Shepard’s “Original Map of the Hundred Acre Wood”, which sold for £430,000 ($571,369; €485,860), including premium, auctioned by Sotheby’s in London, UK, on 10 July 2018.
Ernest Howard Shepard is a renowned English artist, best known for his illustrations in The Wind and the Willows and Winnie-the-Pooh.
The “Original Map of the Hundred Acre Wood” illustration was created for Milne’s Winnie-the-Pooh woodland setting. The illustration is supposed to be the work of the character Christopher Robin and includes locations on the map purposely misspelled (“Big Stones and Rox” and “Nice For Piknicks”). The map is signed off by Christopher with “Drawn by me and Mr Shepard helpd”.
The illustration has remained in a private collection for the past five decades.
The record title was previously, held by E.H. Shepard’s illustration “For A Long Time They Looked At The River Beneath Them…”, a drawing of Winnie-the-Pooh and Christopher Robin playing Poohsticks, which sold for £314,500 ($492,727; €398,031).
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Mecum Auctions, Inc. is an American auction company specializing in collector cars and motorcycles. It was founded by Dana Mecum in 1988, and was originally based in Marengo, Illinois. Since 2011, it has been headquartered in Walworth, Wisconsin. The company hosts various auction events across the United States. Television coverage began in 2008, contributing to the popularity of the events.
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Mecum Auctions, Inc. is an American auction company specializing in collector cars and motorcycles. Since 2011, it has been headquartered in Walworth, Wisconsin. The company hosts various auction events across the United States. Television coverage began in 2008, contributing to the popularity of the events.
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Napoleon Bonaparte’s real tooth was auctioned off in 2011. It was taken out while he was in exile on St. Helena, turning it into a one-of-a-kind historical artifact. The tooth sold for an impressive £13,000, bought by a dentist eager to add a piece of the French emperor’s dental legacy to his collection.
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