Gold watch fetches record $21.3 million at auction

November 12, 2014 08:03

A gold watch billed as the most expensive and most complicated in the world has fetched a record $21.3 million (Rs 131 crore) when it went under the hammer in Switzerland. The sale of the Patek Philippe 'Henry Graves Supercomplication', a handcrafted timepiece named after its original owner, a New York banker who ordered it in 1925, was the main event at a jewel and watch auction held in Geneva on Tuesday. The watch weighs more than half a kilo and comprises 900 separate parts.

Image: The Patek Philippe 'Henry Graves Supercomplication timepiece.

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