Wrist Watch On Arm

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Today, most watches in the market that are inexpensive and medium-priced, used mainly for timekeeping, have quartz movements. However, expensive collectible watches, valued more for their elaborate craftsmanship, aesthetic appeal and glamorous design than for simple timekeeping, often have traditional mechanical movements, even though they are less accurate and more expensive than electronic ones. As of 2018, the most expensive watch ever sold at auction is the Patek Philippe Henry Graves Supercomplication, which is the world's most complicated mechanical watch until 1989, fetching 24 million US dollars (23,237,000 CHF) in Geneva on 11 November 2014. As of December 2019, most expensive watch ever sold at auction (and wristwatch) ever sold at auction is the Patek Philippe Grandmaster Chime Ref. 6300A-010, fetching US$31. 19 million (31,000,000 CHF) in Geneva on 9 November 2019. The most expensive pocket watch ever sold at auction is the Patek Philippe Henry Graves Supercomplication, fetching US$23. 98 million (23,237,000 CHF) in Geneva on 11 November 2014.