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$8 million Patek Philippe collection up for auction

Patek Philippe Christie’s Hong Kong July

Christie’s in Hong Kong says that an upcoming auction of Patek Philippe wristwatches will be the most valuable single owner collection ever offered in Asia.

The owner of the Titanium and Ruby Collection of Patek Philippe timepieces has not been disclosed, but amassing the cache of 16 vintage and contemporary watches was a labour of love and skill over two decades.

They will be sold at Christie’s Hong Kong July and Autumn auctions, the date of which has not been fixed in light of uncertainty caused by the Coronavirus pandemic.

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Star of the auction is a unique titanium tonneau shaped automatic minute repeating annual calendar wristwatch (pictured above left), ref.5033, dating from around 2003. It has a pre-auction estimate of $800,000 to $1,500,000.

Another highlight is an 18ct gold automatic perpetual calendar wristwatch with moon phases and ruby numerals (above right), ref. 3448/8, from around 1965 and valued at $500,000 to $800,000.

Other highlights, described by Christie’s include:

Patek Philippe: A Very Rare Platinum Minute Repeating Instantaneous Perpetual Calendar Tourbillon Wristwatch With Leap Year Indication, Day And Night Display And Moon Phases. Ref. 5207, Circa 2010. estimate $480,000 to $680,000.
A Rare And Important 18ct Gold Automatic Minute Repeating Patek Philippe Wristwatch. Ref. 5029, Circa 1997, Estimate $350,000 to $550,000.
Very Rare Platinum Double-Dial Wristwatch With Twelve Complications Including Minute Repeater, Tourbillon, Perpetual Calendar, Retrograde Date, Sky Chart, Moon Phases, Orbit Display And Sidereal Time, Sky Moon Tourbillon Model. Ref. 5002, Circa 2006, Estimate $1,000,000 to $1,500,000.
An Important And Possibly Unique 18ct Pink Gold Minute Repeating Tourbillon Wristwatch With Enamel Dial And Ruby Numerals, Ref.3939, Circa 1990, Estimate $500,000 to $800,000.
Extremely Rare 18ct Gold Minute Repeating Wristwatch, Ref. 2524, Circa 1955, Estimate $500,000 to $800,000.
Very Rare 18ct Gold Perpetual Calendar Chronograph Wristwatch With Moon Phases, Ref. 2499 4th Series, Circa 1980, Estimate $500,000 to $800,000.
A Very Rare 18ct Gold Perpetual Calendar Chronograph Wristwatch With Moon Phases, Ref. 1518, Circa 1950, Estimate $350,000 to $550,000.

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Rob Corder

The author Rob Corder