Tuesday, September 1, 2009

The Most Expensive Wristwatch

Count Carlo Felice Trossi’s wristwatch sold for a record 2.345 million Swiss francs ( $2,157,760) at a Sotheby’s auction. Experts described “Trossi Leggenda” almost certainly unique amongst 200 watches. This is because it is a watch of historic importance as well as symbolizes the year 1932, a marking point which also saw car racing and the emergence of airplanes.

Geoffery Ader, head of watches at Sotheby’s told a news conference held before the sale that the watch was one of “great symbolic and historic importance as it came out in 1932, a turning point which also saw car racing and the emergence of airplanes.” He added that the “combination of Patek Phillipe and Ferrari make it an exceptional watch”.

A number of other watches also reached impressive prices. A gold Rolex made around 1980, known as the “Oyster Daytona Paul Newman” and named after the Florida car race and for the American actor who made the style famous, netted 157,000 francs, compared to its pre-sale estimate of 50,000 to 80,000 francs.

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