Phillips in Association with Bacs & Russo Hong Kong Watch Auction: XIII – Results

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The Hong Kong Watch Auction: XIII (25-26 November 2021) by Phillips in Association with Bacs & Russo realised over HK$ 231 million/ US$ 30 million, more than 43% of its pre-sale high estimate, achieving the highest ever sale total for a watches sale at Phillips Asia, bringing the annual total to HK$422 million/ US$54 million, the highest ever achieved by Phillips Watch department in the region.

Patek Philippe Ref. 3448/100 “The Blue Royale”
Patek Philippe Ref. 3448/100 “The Blue Royale”, Image credit: Phillips

Top Ten Lots

Lot 852: Patek Philippe Ref. 3448/100 “The Blue Royale”. A possibly unique, platinum perpetual calendar wristwatch with moonphases, sapphire-set indexes and sapphire display caseback. Circa 1973

  • Estimate: In excess of HK$10 million
  • Price achieved: HK$17,795,000 US$2,283,098

Lot 819: Rolex Ref.6241 yellow gold chronograph wristwatch with “Paul Newman John Player Special” dial and French import hallmarks. Circa 1968

  • Estimate: HK$4,650,000 – 9,400,000
  • Price achieved: HK$13,560,000/ US$1,739,748 (world record for Paul Newman JPS)

Lot 1043: Rolex Ref. 6263 stainless steel chronograph wristwatch with “Paul Newman” dial and “tropical” outer minute track. Circa 1971

  • Estimate: HK$4,000,000 – 6,000,000
  • Price achieved: HK$8,962,000/ US$1,149,825 (world record for ref 6263 ‘Panda’ Paul Newman)

Lot 814: Patek Philippe Ref. 5723/112R-001 pink gold baguette-cut ruby-set wristwatch. Circa 2015

  • Estimate: HK$ 1,550,000 – 3,100,000
  • Price achieved: HK$4,914,000/ US$630,466

Lot 968: Patek Philippe Ref. 1518, yellow gold perpetual calendar chronograph wristwatch with moon phases. Circa 1949

  • Estimate: HK$2,700,000 – 3,900,000
  • Price achieved: HK$4,536,000 /US$581,969

Lot 834: Audemars Piguet Ref. 26585CE.OO.1225CE.01, black ceramic skeletonized perpetual calendar wristwatch. Circa 2021

  • Estimate: HK$ 2,300,000 – 4,000,000
  • Price achieved: HK$4,410,000/ US$565,803

Lot 805: Patek Philippe Ref 5976/1G-001, white gold and diamond-set chronograph wristwatch made in a limited edition of 1,300 pieces to commemorate the 40th anniversary of Patek Philippe Nautilus. Circa 2017

  • Estimate: HK$ 1,350,000 – 3,000,000
  • Price achieved: HK$3,780,000/ US$484,974

Lot 815: F.P.Journe, Chronomètre à Resonance, platinum dual-time wristwatch with double escapement. Circa 2002

  • Estimate: HK$935,000 – 1,870,000
  • Price achieved: HK$3,717,000/ US$476,891

Lot 816: F.P. Journe, Tourbillon Souverain Black Label, a mechanically complex platinum tourbillon wristwatch with constant force remontoire, power reserve, dead beat seconds. Circa 2011

  • Estimate: HK$1,000,000 – 2,000,000
  • Price achieved: HK$3,528,000/ US$452,642

Lot 845: Rolex Ref.6264, a stainless steel chronograph wristwatch with “Paul Newman” dial and bracelet. Circa 1970

  • Estimate: HK$ 1,260,000 – 2,520,000
  • Price achieved: HK$3,528,000/ US$452,642

Auction summary

The Hong Kong Watch Auction: XIII, 25-26 November 2021
Total: HK$231,247,320/ US$29,669,031
Lots sold: 304 | Lots offered: 304
Sold by lot: 100% | Sold by value: 100%

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