Arab Today, arab today records fall at 197m patek philippe anniversary auction
Last Updated : GMT 11:40:20
Arab Today, arab today
Arab Today, arab today

Records fall at $19.7m Patek Philippe anniversary auction

Arab Today, arab today

Arab Today, arab today Records fall at $19.7m Patek Philippe anniversary auction

Henry Graves Supercomplication
Geneva - AFP

Records tumbled at a special auction in Geneva on Sunday to mark 175 years of Patek Philippe watches, with a rare pink gold item going for $2.67 million, auctioneers Christie's said.
The auction of 100 wrist and pocket watches brought in a total of $19,731,099, double the original estimate, and set nine world records in the process. Christie's said in a statement after the three-hour bidding battle.
The top lot of the evening was the pink gold watch, manufactured in 1951 by the Geneva-based maker, and one of only four of its kind known to the market.
"This sale has exceeded our expectations in every way," said John Reardon, international head of Christie's watch department.
"(It) sets a new benchmark for thematic sales and shows the amazing strength of the Patek Philippe market," he added.
All 125 seats in the sale room had been reserved 48 hours ahead of the auction, and over 300 collectors and watch enthusiasts attended the event.
The sale continues Monday.
The following day Sotheby's will auction off what is billed as the most famous, and expensive, watch in the world, another Patek Philippe creation.
The celebrated timepiece known as the "Henry Graves Supercomplication" after its original owner, a New York banker, was made in the 1930s and estimates say it will sell for $15 million.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today records fall at 197m patek philippe anniversary auction Arab Today, arab today records fall at 197m patek philippe anniversary auction

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today records fall at 197m patek philippe anniversary auction Arab Today, arab today records fall at 197m patek philippe anniversary auction

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday