For sale: Albert Einstein's watch  SEP 19 2008

Among the watches being auctioned at a sale in October is a watch once owned by Albert Einstein.

For the Einstein fan, we have a Longines that was owned by the scientist himself. It is a unique and historically important wristwatch, made in 1930.The watch was presented to Professor Albert Einstein on February 16, 1931 in Los Angeles. It is a fine, tonneau-shaped, 14K yellow gold wristwatch accompanied by various photos showing Prof. Einstein wearing the watch. Estimate: $25,000 - $35,000

You'd think that the price for timepiece once owned by the man who changed our conceptions about time and space would be substantial, but it's one of the lower priced featured watches. And the price is not even close to the world record:

In 2002, Antiquorum established the all-time world record price for a wristwatch at auction when it sold a platinum Patek Philippe World Time Ref. 1415 from 1939 for an astounding CHF 6,603,500 (US$ 4,026,524). This record-breaking price more than doubled the previous world record price for a wristwatch at auction. Another record price for a modern watch was achieved in 2004, the unique white gold Calibre 89, also by Patek Philippe, was sold for SFr. 6,603,500 (US$ 5,002,652).

(thx, sam)

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