$8 million collection of Patek Philippe watches up for auction

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.

Star of the auction is a unique titanium tonneau shaped automatic minute repeating annual calendar wristwatch, 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, ref.

3448/8, from around 1965 and valued at $500,000 to $800,000. . Source