Owner Of The Henry Graves Supercomplication Revealed

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Owner Of The Henry Graves Supercomplication Revealed

Post by Ocean on 2012-11-09, 17:16

From Bloomberg



member of the Qatari royal family has pledged the world’s most expensive watch and other collectibles valued at almost $83 million to Sotheby’s (BID) to cover debts owed to the auction house, according to court documents.

Sheik Saud Bin Mohammed Bin Ali Al-Thani, a cousin of the Emir of Qatar, provided Sotheby’s with items from diamond jewelry to tribal art and four vintage watches made by Patek Philippe of Geneva, Switzerland, the auction house said in an Oct. 12 filing with the New York Department of State. The timepieces include a pocket watch known as the Henry Graves Supercomplication, which an anonymous bidder bought for a record $11 million in a Sotheby’s auction in 1999. For the rest http://www.bloomberg.com/news/2012-11-09/qatari-sheik-pledges-most-expensive-watch-to-sotheby-s.html

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