What Makes a Gold Watch Worth $24 Million?

What Makes a Gold Watch Worth $24 Million?

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Business, Information Technology (IT), Architecture

University

Hard

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The Super Complication by Patek Philippe is a highly intricate and expensive watch, originally commissioned by Henry Graves in 1925. It features the Westminster chimes and a night sky display over New York, made with 920 components and 24-carat gold. The watch took eight years to build and has been the most expensive watch since 1999, recently selling for $24 million. Its value has increased over time, demonstrating that quality craftsmanship can appreciate with age.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the Super Complication watch by Patek Philippe?

It is the most expensive watch ever sold.

It is the first watch made by Patek Philippe.

It is the lightest watch ever made.

It is the smallest watch ever made.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a feature of the Super Complication watch?

It can make phone calls.

It can display the night sky over New York Central Park.

It can predict the weather.

It has a built-in GPS.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many components does the Super Complication watch have?

500

2000

920

1500

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who commissioned the Super Complication watch?

A Swiss watchmaker

An Italian designer

A New York banker

A French artist

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the original selling price of the Super Complication watch in 1999?

$5 million

$11 million

$24 million

$15 million