auctions


Christie’s Geneva to sell a Patek Philippe Wristwatch for US$5.6 Million

May 2010


www.worldwatchweb.com - With nearly 370 watches offered, Christie’s “marathon auction” held in Geneva on May 10,2010 achieved an outstanding total of $21,099,940 / SFr.23,133,363 / € 16,237,307, far exceeding its pre-sale total estimate of 13 to 18 million Swiss francs and selling 96% by value and by lot, with a record attendance of 831 bidders from 5 continents.

The Top Lot of the sale was a unique Patek Philippe chronograph wristwatch, ref.1527, which sold for $5,708,833 (SFr.6,259,000 / €4,393,192) against an estimate of SFr.1,500,000-2,500,000 and became the new record price for any yellow gold watch ever sold at auction.

Christie's Geneva to sell a Patek Philippe Wristwatch for US.6 Million Patek Philippe chronograph wristwatch, ref.1527

Full report: click here

Source: Christie’s

www.christies.com