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Patek Philippe - Christie’s sets global record for the most expensive watch auctioned online

Patek Philippe Christie’s sets global record for the most expensive watch auctioned online

The Patek Philippe ‘Sky Moon Tourbillon’ achieved US$ 5.8 million

Results highlight a strong start to the watch season for Christie's as Christie’s Hong Kong "Watches Online: Top of the Time" totalled US$8,420,555. Hong Kong remains a major global collecting hub for watches with participation from 48 countries across 7 continents. Online sales are a key channel for millennials, who represented 40% of buyers.

Christie’s sets global record for the most expensive watch auctioned online

Grand Complications ‘Sky Moon Tourbillon’, Ref. 6002G-001, sold for US$5,815,300 © Patek Philippe

Alexandre Bigler, Vice-President, Head of Watches, Christie’s Asia Pacific, commented: “The outstanding results established for Watches Online: Top of the Time demonstrate the power of Christie’s online sale platform to present exceptional lots and achieve top prices, on par with our live sales. There continues to be an extremely vibrant market for watches across the world, evidenced through the avid global bidding this sale witnessed, which further cements Hong Kong’s status as an international epicenter for watch collecting. This sale lays a very strong foundation for our Spring Auctions in May at the Hong Kong Convention and Exhibition Centre, where we look forward to presenting more exceptional timepieces for our esteemed clients and watch enthusiasts.”

Other sales included the Patek Philippe Grand Complications 5208P-001 which sold for US$999,541.

Christie’s sets global record for the most expensive watch auctioned online

Grand Complications with minute repeating, ref. 5208P-001, sold for US$999,541 © Patek Philippe

 

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