Patek Philippe pink gold 3974R and yellow gold Rolex Cosmograph Paul Newman achieve hammer prices of over $700,000 each.
The right luxury watches have proved to be a sound investment before and during the Covid-19 crisis.
patek philippe
All three demonstrate Patek Philippe's desire to produce the most complex watches in as small a form as possible so that they are wearable as well as being incredible feats of artistry and engineering.
Pink gold Patek Philippe reference 1518 owned by Jean-Claude Biver sold for a world record price of $3,565,224 on the first day of The Geneva Watch Auction: XI.
Geneva building brings together all of the manufacture’s watchmaking under one roof; “A great advantage given the growing complexity of production operations,” the company says.
Watchmaker marks the completion of its latest production facility in Geneva with the launch of a limited edition Calatrava.
Watchmakers will have lost up to one quarter of their 2020 production capacity before factories are fully up to speed again, but will sail serenely through this crisis thanks to the soar-away demand for their blockbuster watches.
Watch the video interview to find out how Chronext plans to become the largest luxury watch trading platform in the world, and what happened to sales in the UK when Boris Johnson was admitted to hospital with Covid-19.
Patek Philippe reference 2499/100 fourth series in yellow gold heads the 160 lot sale.
Authorized dealers have been told a decision to delay novelties until 2021 has been reversed.
