Patek Philippe watch set for Hong Kong auction

First published: 02-06-2010

This month will see a highly-valued Patek Philippe watch go on sale at Christie''s in Hong Kong.

The auction will take place as part of the Sale of Important Watches, which is headlined by the Millennium Collection from the well-respected brand.

Estimates suggest the Patek Philippe watch is worth around $1.28 million (£872,000), mainly because of its stunning attention to detail and accurate craftsmanship.

Known as the Patek Philippe Sky Moon Tourbillon, the timepiece is just one of 570 lots to take part in the auction later this month.

It was crafted back in 2007 and features white gold Roman numerals alongside sub-dials for the day, month, leap year and ages of the moon.

Patek Philippe has launched a host of new watches this year, including its in-house chronograph caliber CH 29-535 PS.

This is its "long awaited" manually wound mechanism that was first introduced in November 2009.