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Patek Philippe News

Wednesday 23 September, 2009 - 11:30 AM EDT

Henry Graves' Platinum Minute-Repeater

Patek Philippe's Wristwatch.



(Platinum Minute-Repeater - Patek Philippe)


Henry Graves was an American banker descended from John Graves of Concord, Massachusetts born in March 11, 1868 in Orange (New Jersey) and died March 21, 1953 in New York City. He married Florence Isabel Preston on January 21, 1896.

Born into a prominent banking family, Mr. Graves was a very passionate watch collector; Graves was a patron of Patek Philippe, competing with James Ward Packard, the famed automobile manufacturer, for ownership of the most complicated watch in the world. In 1927, Packard commissioned the world's most complicated watch but not to be outdone, Henry Graves surpassed his rival in 1933 to become the owner of the most complicated watch ever made, spending 60,000 SF, nearly five times the price paid by Mr. Packard. It took over three years, and the most advanced horological technique, to engineer this truly one-of-a-kind timepiece; only one watch was ever built. Called "the Supercomplication", this pocket watch was held in the Museum of Time near Chicago, IL for years until it was sold for a record-breaking $11,002,500 to a secretive anonymous bidder at a Sotheby's auction held in New York City on December 2, 1999. The watch currently resides in the Patek Phillippe Museum in Geneva, Switzerland, and is the most expensive single piece on display.

One of the timepieces commissioned by Henry Graves Jr is the Patek Philippe Platinum Minute-Repeater that was made for Henry Graves, Jr. in 1927 and sold on August 16, 1928. It has been kept in private collection for over 50 years.

The 1927 platinum minute repeater is the second-most important Graves wristwatch ever offered at auction, following the Graves tortoise-shaped minute-repeater sold in an Antiquorum sale in 1989. This magnificent timepiece is a very fine and extremely rare cushion-shaped, minute-repeating, platinum wristwatch. Which estimated price was between $250,000–$ 350,000.

Henry Graves’ wristwatch was of a great significance during the sale. It was the Patek Philippe Henry Graves' unique platinum minute repeater sold for an impressive $630,000.



Platinum Minute-Repeater Sold to Henry Graves Jr. Patek Philippe, Genève, No. 198095. Made for Henry Graves Jr. in 1927. Very fine and extremely rare wristwatch. It featured a tonneau-shaped, a minute-repeating system. Platinum wristwatch.










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Tuesday 10 February, 2009 - 11:00 AM EST

Patek Philippe Twenty~4®





Patek Philippe Twenty~4® was created thinking about a refined, active woman of today who looks for a watch that shows her style and is to be wear on all occasions. Each model is characterized by perfection in craftsmanship, and curved silhouette of the case.

Each model is recognized by Top Wesselton diamonds on the bezel, the case, and/or the bracelet. The crown of each Twenty~4® is studded with an onyx or a diamond solitaire. The gold collection consists of precious small-size models and pieces of high jewelry. A line of Twenty~4® rings and earrings accompanied the watch's collection.

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