Stuller Inc
advertisement
Stuller Inc
advertisement
Stuller Inc
advertisement
Goto your account
Search Stories by: 
and/or
 

News












Patek Phillipe's Sky Moon Tourbillon features 12 complications on the main face and underside, with functions such as cathedral minute repeating, tourbillon, perpetual calendar, retrograde date, moon phases, leap year indication, sidereal time, sky chart, phases and orbit of the moon.
Patek Phillipe's Sky Moon Tourbillon features 12 complications on the main face and underside, with functions such as cathedral minute repeating, tourbillon, perpetual calendar, retrograde date, moon phases, leap year indication, sidereal time, sky chart, phases and orbit of the moon.

Stunning Patek Phillipe sets new world record at auction

A new world record has been set for the most expensive watch to be sold in an online auction, commanding a $US5,815,300 ($AU7,746,129) price tag.

The timepiece in question is a Patek Phillipe complication Sky Moon Tourbillon and was sold at Christie’s Top Of The Time auction, based in Hong Kong.

Alexandre Bigler, Christie
Alexandre Bigler, Christie
“There continues to be an extremely vibrant market for watches across the world, evidenced through the avid global bidding this sale witnessed”
Alexandre Bigler, Christie's

The white gold watch features 12 complications on the main face and underside, with functions such as cathedral minute repeating, tourbillon, perpetual calendar, retrograde date, moon phases, leap year indication, sidereal time, sky chart, phases and orbit of the moon.

Christie’s head of watches for the Asia Pacific, Alexandre Bigler, said that this auction was evidence that enthusiasm for these timepieces remains high despite pessimism about the global economy.

“There continues to be an extremely vibrant market for watches across the world, evidenced through the avid global bidding this sale witnessed,” he told WatchPro.

Overall sales from the auction exceeded $US8.4 million ($AU12.63 million) with 93 per cent of items put up for auction finding a new home.

More reading
The rise of Inhorgenta Munich continues unabated
Luxury watch market approaching $100 billion milestone
Mixed reception to single-day MoonSwatch release
Swatch Group to steer clear of second-hand market
‘Rational indulgence’ the key to Watches of Switzerland success

 











BECKS
advertisement





Read current issue

login to my account
Username: Password:
Rapid Casting
advertisement
SAMS Group Australia
advertisement
SAMS Group Australia
advertisement
© 2024 Befindan Media