Feeds

Swiss watch auctioned for £3.76m

Very expensive Patek Philippe collectible

Business security measures using SSL

A private Swiss museum has stumped a cool 6.26m Swiss francs (£3.76m) for a "unique" Patek Philippe perpetual calendar chronograph watch, which now has the honour of being the most expensive yellow gold watch ever to sell at auction.

The Patek Philippe watch sold yesterdayAccording to Christie's, the 1943-44 timepiece (pictured) features "an avant-garde case design and was a forerunner for future generations of complicated wristwatches". Aurel Bacs, of the auctioneer's watch department, described it as the "Mona Lisa of all watches".

Monday night's sale in Geneva saw European bidders "fiercely challenged by international collectors, especially buyers from China", Bacs explained. Quite who finally secured the prize is unknown, but Reuters notes that Geneva is home to a Patek Philippe museum which "displays exceptional pieces by the independent Swiss watchmaker".

The seller, who scooped a total of 16m Swiss francs (£9.6m) for the 20 pieces he presented for sale, also preferred to remain anonymous. He did, though, explain: "I started buying watches in the 1970s, at a time when these amazing objects appealed to very few collectors and even fewer scholars were exploring this charming field. In my opinion, wristwatches are the most beautiful wearable item created in the 20th century." ®

New hybrid storage solutions

More from The Register

next story
Half a BILLION in the making: Bungie's Destiny reviewed
It feels very familiar - but it's still good
Apple's big bang: iPhone 6, ANOTHER iPhone 6 Plus and WATCH OUT
Let's >sigh< see what Cupertino has been up to for the past year
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
4K-ing excellent TV is on its way ... in its own sweet time, natch
For decades Hollywood actually binned its 4K files. Doh!
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Get your Indian Landfill Android One handsets - they're only SIXTY QUID
Cheap and deafening mobes for the subcontinental masses
A SCORCHIO fatboy SSD: Samsung SSD850 PRO 3D V-NAND
4Gb/s speeds on a consumer drive, anyone?
Apple's SNEAKY plan: COPY ANDROID. Hello iPhone 6, Watch
Sizes, prices and all – but not for the wrist-o-puter
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.