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Phillips Sets Four World Records At Its Biggest Asian Watch Auction Ever, Totaling Nearly $25-Million

Phillips Sets Four World Records At Its Biggest Asian Watch Auction Ever, Totaling Nearly $25-Million
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Tudor s new Black Bay affirms the inexorable rise of ceramic watches

Highlights: Phillips Hong Kong Watch Auction XII

Published: Thursday 20th May 2021 The curious thing about previewing watch auctions is that, outside of a few big-ticket showpiece items, it s pretty difficult to predict which watches are going to catch the expert eye of collectors, and see the price rocket skyward. That s why we try our best here at Square Mile to avoid getting into a game of chance and instead focus on a little bit of education about the icons of the past and hand-select the models we d like to own if we won the lottery tomorrow.  However, that being said, we were quietly confident in our Geneva Watch Auction XIII preview that the incredibly rare Patek Philippe Ref. 5711P was going to have all the collectors clamouring to win this elusive prize. As it turns out, we were half right: it sold in the end for CHF567,000, nearly 50% more than the top end of its estimate. But that figure was blown out of the water by the equally rare Patek Philippe Calatravone Ref. 570.

Phillips in Association with Bacs & Russo Presents a Patek Philippe Reference 2499 First Series - Artwire Press Release from ArtfixDaily com

  A Unique Harry Winston Opus One Tourbillon by F.P. Journe will also Star in the Two-Day Watch Auction Series   HONG KONG – 10 May 2021 – Phillips  in Association with Bacs & Russo is pleased to reveal additional highlights and present the full catalogue for The Hong Kong Watch Auction: XII, following the recent announcement of selected highlights from the sale. Leading this season’s two-day auction series on 5-6 June is a Patek Philippe reference 2499 first series yellow gold perpetual calendar chronograph wristwatch with Italian calendar, from 1953. Fresh to the market, this is the first time that a reference 2499 in yellow gold from the first series with a Wenger case and original Certificate of Origin has ever been offered at auction. In addition, this season’s sale will offer a selection of timepieces from the most prominent independent watchmakers, including an extremely fine and unique Harry Winston Opus One platinum tourbillon wristwatch with Remontoire d’Ég

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