As expected, Patek Philippe raised the largest sum during this afternoon’s Only Watch charity auction, benefiting Muscular Dystrophy Research. However, no one expected it to raise quite as much as it did: a whopping $7.3 million. With one strike of the hammer, this unique reference 5016A grand complication – made for Only Watch 2015 – becomes the most expensive wristwatch ever sold at auction, and the second most expensive timepiece behind a pocket watch made by the same watch company: the infamous Graves Supercomplication – which holds onto its title by some margin still.
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