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Luxury Watch Spotlight: Vacheron Constantin

Vacheron Constantin, one of the most prestigious and important watch manufacturers in the world, is part of the “Trinity” of great Swiss watchmakers, along with Patek Philippe and Audemars Piguet. Like any other long standing company, Vacheron Constantin has had many ups and downs including surviving the French Revolution, both World Wars, and the Great Depression. While New York Loan Company can trace its roots back to 1938, the story of Vacheron & Constantin starts in 1755 in Geneva, Switzerland. Starting out under Jean-Marc Vacheron the company created the first complication and the first engine-turned dials. It wasn’t until 1819 the Francois Constantin joined the company and became Vacheron & Constantin. In 1839 they hired Georges-Auguste Leschot, a genius innovator of serialized production that transformed both the company and the watchmaking industry as a whole. In fact his contributions are credited for launching the company into major success, as they quickly became a large supplier of components to other watchmakers. Throughout the company’s long history it has had many prestigious clients and in their native Switzerland they were the favored brand for prominent official gifts. In 1887 the famed Third Imperial Egg from Fabergé held a Vacheron Constantin watch. The watch manufacturers have either sold or gifted watches to names such as Napoleon Bonaparte, Queen Elizabeth II, Dwight D. Eisenhower, Princess Diana, and Marlon Brando. The company is still known for its fine watchmaking and classic styles. New York Loan Company both purchases and provides pawn loans against high-end luxury watches, like the models from Vacheron Constantin: Traditionnelle, Ovearseas, Historiques, and Heures Creatives. Call New York Loan Company today to inquire about a sale or pawn loan against a luxury wristwatch.

The World’s Most Expensive Watches

New York Loan Company has the luxury of seeing some of the most expensive watches from all over the world. While many of the watches are one-of-a-kind pieces that not many people will ever get the opportunity to see, the brands, including IWC and Rolex, are very familiar to most watch collectors. The majority of million dollar watches are so expensive due to their highly complicated nature – meaning they are engineered for different features like timing, calendars, and chiming, however some of these watches command unbelievable prices due to historical importance or diamond value.

Below are just a handful of the rare and exclusive watches that sell for millions of dollars.

The A. Lange & Sohne Grand Complication was made in 2014 for the company’s 20th anniversary and sells for 2.6 million dollars. A stunning watch in rose gold with a perpetual calendar, moonphase, minute repeater, and a chronograph with flying seconds. This watch as a total of 867 parts and only one watchmaker in the world can assemble it, making this watch very worthy of its price.

Patek Philippe, one of the most important watchmaking companies in the world, and a company in which New York Loan’s loan officers have significant expertise, created the Platinum World Time in 1939. This stunning vintage watch sold in 2002 for 4 million dollars at auction. It has a self-winding mechanism and shows the time for 42 cities all across the world. While not much is known about this watch, it is thought that this may be the only one of its kind.

The Graff Hallucination Watch might just be the most expensive watch ever created. This watch is valuable for its unbelievable amount of fancy colored diamonds as opposed to its complications – in fact the Hallucination watch is quartz, or battery powered. The watch has blue, pink, green, orange, and yellow diamonds in an array of shapes and sizes – each stone handpicked for this one masterpiece. A seriously stunning piece of jewelry masquerading as a watch.  Graff does make timepieces, but the company is best known for its stunning jewelry and diamonds, which are typically brought into New York Loan for pawn transactions.

The Patek Philippe Henry Graves Supercomplication Pocket Watch is the most expensive watch that has ever sold at auction – twice. The watch was made for American businessman Henry Graves, who requested Patek Phillippe create the “world’s most complicated timepiece” – at any cost. This watch has quite the history, including beating its own auction record in 2014 – in 1999 the watch was sold for 11 million to a member of the Qatari Royal Family from Sotheby’s and was returned as part of a debt. It was then put back into auction for the 175th anniversary of the Swiss watchmaker. This is where a bidding war was started and the famous pocket watch sold for just over 24 million dollars.

While New York Loan Company doesn’t normally loan on the most famous watches in the world, they do work with these watch brands on a daily basis and are highly educated on the luxury watch market.   Plus, there is no limit to the amount they are able to provide on a pawn loan without ever checking a borrower’s credit score. 

To make a loan on watches from these brands, and others including Hublot, Chopard, Panerai, and Audemars Piguet please contact New York Loan Company via telephone at 212-997-5626 or via email at info@newyorkloan.com.