Move over, Rolex. Patek Philippe Grandmaster Chime has gone under the hammer for CHF $31 million (S$42 million) as part of charity auction Only Watch 2019. It sets a new world record for the ‘most expensive wristwatch ever sold’. The price puts it ahead of the Henry Graves Supercomplication and Paul Newman’s personal Daytona (both of which currently hold second and third place for ‘most expensive watch sold at auction’. Experts had initially estimated the watch would fetch between CHF$12 million – $15 million, although it quickly became apparent that such predictions had been extremely conservative.