Wednesday 21 December, 2011 - 15:00 PM EST
New world at timepieces auction in Bonhams
Top sales for the Patek Philippe chronograph ref 5020P
A record sale total of $1.58 million were achieved last December 8th at the Fine Watches, Wristwatches and Clocks auction at Bonhams with top honours for the Patek Philippe ref 5020P sold at $338,500.
With 163 lots sold at the auction, the top honours of the sale was the world record-breaking Patek Philippe chronograph ref. 5020P. The top lot of the sale, claiming $338,500 against a pre-sale estimate of $280,000-350,000, was a fine and very rare platinum cushion-form perpetual calendar chronograph wristwatch.
The second top lot of the sale was a Patek Philippe very rare and fine 18-carat rose gold chronograph wristwatch ref. 5070R, retailed by Tiffany & Co. Elsewhere in the sale five of the top lots came from an impressive private and distinguished collection of 25 highly sought-after watches including a Vacheron Constantin, a Breguet, and two Patek Philippe timepieces.
Completing the top ten were also two rare chronographs by Rolex that embody 1960s car racing and film legend Paul Newman, making the auction a world-breaking success.
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10 Years of the The Patek Philippe Museum 2001 - 2011
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Perpetual Calendar Chronograph Ref. 5270: a new complicated wristwatch with a rich 70-year heritage
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Source:
[ Patek Philippe Official Website ]
Patek Philippe's Watches at Interwatches!
Other related posts about Patek Philippe
10 Years of the The Patek Philippe Museum 2001 - 2011
Only Watch Auction: Patek Philippe Sold at 1.4 million Euros!
Patek Philippe 5216R Rose Gold
Perpetual Calendar Chronograph Ref. 5270: a new complicated wristwatch with a rich 70-year heritage
Patek Philippe Museum: The Mirror of Seduction
Source:
[ Patek Philippe Official Website ]
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