Yesterday, Christie’s auction house sold a sublime Patek Philippe watch online for 5.3 million euros. This makes it the most expensive watch ever sold on the internet.
The very famous American auction house Christie’s has just exceeded a new sales record. The Sky Moon Tourbillon, a jewel of watchmaking complication signed Patek Philippe, was sold for 5.3 million euros. A record for an online sale. This amount alone represents two thirds of the profits of these auctions, called Watches Online: Top of the Time, which totaled 7.8 million euros.
The remote and virtual auction, held in Hong Kong, attracted bidders from 48 countries, both watch enthusiasts and timepiece collectors.
“The exceptional results of this sale demonstrate the ability of Christie’s online auction platform to achieve exceptional prices, just like our live sales. There continues to be an extremely dynamic market for watches around the world, as evidenced by the fierce global auctions witnessed in this sale,” said Alexandre Bigler, Christie’s Asia Pacific Vice President of Watches.
These figures also demonstrate that Hong Kong remains one of the world’s centers of gravity for watches and that this market, despite the crisis and inflation, remains stable and prosperous.
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