Luxury watch scoops millions at auction

First published: 12-05-2010

A unique Patek Philippe watch has been snapped up at an auction for £3.76 million.

It is rumoured to have been purchased by a private museum in Switzerland and is believed to have been sold for more than double the pre-sale estimate.

The timepiece is now believed to have set a new record for a yellow gold watch at Auction, Christie''s revealed.

Aurel Bacs, international co-head of Christie''s watch department, described the item as the "Mona Lisa of all watches" and revealed it was one of 20 pieces sold by a European collector.

The auction house quoted the buyer as saying: "In my opinion, wristwatches are the most beautiful wearable item created in the 20th century."

Patek Philippe is renowned for its stylish and elegant collection of watches, which include the round-faced Calatrava and Aquanaut and square-faced Twenty_4 and Complicated.

© Copyright WATCH SHOP UK - DO NOT COPY

Related articles

A guide to choosing a gold watch

Posted: 09-02-2019

Make a statement with a gold watch this New Year and give your outfit that little something special, whatever the occasion. Browse designs for men and women from brands including Guess, Armani Exchange, Coach, and more.

A guide to buying a silver watch: Gifts for him and for her

Posted: 07-02-2019

Enhance your wardrobe with a silver watch for every occasion. From classic designs to out-of-this-world pieces, explore some of our favourite silver watches from top brands, including Gucci, Raymond Weil, and STORM.

Watch and jewellery trends for 2019

Posted: 07-02-2019

Relax, we’ve found the watch and jewellery trends that are going to help you look your best in 2019. Browse our full collection of the newest accessories from brands including Llarsen, Storm, and Guess.

Your guide to gifting a watch this Valentine's Day

Posted: 01-02-2019

Make Valentine's Day 2019 a memorable one for all the right reasons and gift the lady or gent in your life with a watch they'll love. Discover beautiful new designs from Hugo Boss, Olivia Burton, Jean Paul Gaultier and more in our gift guide.

CATEGORIES

PREVIOUS NEWS