Header Bar

Site Navigation

Charcoal Boxes

10% off everything

Breadcrumbs

Christie's makes rare watch sales

First published: 14-05-2009

The Patek Philippe timepiece automatically adjusts to the leap year and had been valued at between one million and 1.5 million Swiss Francs (£595,000 to £892,000).

Another Patek Philippe sale at the Geneva watch auction also caught buyers' attention.

The rare chromed nickel watch was sold to a Swiss Private Museum for 1.9 million Swiss Francs (£1.3 million) - nearly four times its estimated value.

Five other Patek Philippe watches were sold at the auction.

Commenting on the event, international co-heads of Christie's watch department Aurel Bacs and Tim Bourne said the result underlined the effectiveness of the auction house as a means to sell rare watches.

They said: "A well attended sale attracted a significant number of registrants (764) and generated bidders from all of the world throughout the day.

"The sale also offered one of the largest selections of Rolex watches seen at auction in recent years, resulting in over 90 per cent sold by lot and setting numerous new auction world records."

Christie's will be holding its next watch auction in Hong Kong on May 27th.

© Copyright WATCH SHOP UK - DO NOT COPY

Related articles

Put yourself on the map: The best GPS fitness watches

Posted on: 20-07-2018

A GPS sports watch doesn’t just improve your fitness – it can improve your life. Find our four favourites for different needs and lifestyles.

Continue reading

Under the spotlight: Michael Kors rose gold watches

Posted on: 16-07-2018

It doesn’t get more glamourous than a Michael Kors rose gold watch. Find your new favourite men’s and women’s rose gold watches with Watch Shop.

Continue reading

Summertime trend alert: 8 accessories for music festivals

Posted on: 16-07-2018

Got a festival on the horizon? We’ve got all the jewellery inspiration you need to help you create killer looks on the field.

Continue reading

6 black watches from your favourite designer brands

Posted on: 03-07-2018

Discover three great black watches for men and three beautiful black watches for women from the UK’s favorite designer brands.

Continue reading

Pre-Footer

Sign up for updates and special offers

The Watch Lab
The Watch Hut is an established retailer of renowned Luxury & Classic Watches. Please visit our sister company The Watch Hut for a great choice of branded watches.
The Watch Lab
For battery replacement, new straps, service and non-warranty repairs to all watches (purchased from anywhere), please visit our sister company The WATCH Lab.