Would You Pay $400,000 for a Nine-Year-Old Patek Philippe?

 |  June 12th, 2014

Christie’s Important Watches Auction yesterday in New York yielded nearly $8.8 million in sales, further underscoring the thriving collector watch market. The top lot, Lot 366, in the auction was a 2008 Patek Philippe Reference 5033 platinum tonneau minute repeater with annual calendar. Sold with original certificate, the watch went to a private American collector who paid $401,000 – more than $20,000 above the expected sale price. Got to love those Patek collectors! The second top-selling lot, Lot 163, also went for way above its expected price. That watch was an 18-karat white gold and diamond bracelet Piaget, Ref. 40011 that had been created in 2002. It sold for $365,000 to an Asian collector. Finally, Lot 46, a 1994 Vacheron…

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We’re Officially Back: BaselWorld 2014, the Good, the Bad and the Ugly

 |  April 7th, 2014

This was a particularly long trip f or me. It always is. Basel is an eight-day marathon test of endurance of strength and memory. This year, however, I also went a week early to Europe to celebrate the 130th anniversary of Bulgari (we’ll bring you more about that here soon).  So, two and a half weeks later, we return to the USA – intent on bringing all the news that’s fit to print (and maybe a little that is not).  Here we indulge in giving you highlights of the sheer dimensions and scope of BaselWorld. For those who already know and have visited BaselWorld, we posted an insider’s view a little earlier thanks to a Guest Editorial from watch veteran,…

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How Does a Legend Reinvent Itself? Ask Patek Philippe. Introducing the New Nautilus and the New Annual Calendar

 |  March 31st, 2014

A legend in its own rights, Patek Philippe has been the benchmark for watchmaking for 175 years. This year, in fact, marks the brand’s 175th anniversary. With that comes a host of celebrations and exciting new product unveilings. Several are so complex that we will delve more deeply into those in the coming weeks. For now, we just want to bring you two new legends from Patek Philippe. While many of the company’s collections can be called icons, a couple stand out. Among them: the Nautilus. It was in 1976 that the brand was searching for inspiration for its water resistant watches. Turning to the porthole shape of a ship’s windows, the brand unveiled the world’s first Nautilus watch in…

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More than $5 Million Raised for Only Watch –but Only One Brought in Big Bucks – Patek Philippe Titanium Watch Steals the Show

 |  September 30th, 2013

If you were off enjoying the weekend – good for you. We tweeted and posted on facebook a variety of results for the weekend’s Only Watch 2013 auction held in Monaco – in which 33 unique timepieces were donated by brands and offered for sale to bidders around the world in support of Duchenne Muscular Dystrophy. The results seemed a bit disappointing to some of the brands – especially those that got less than the desired amount. For buyers of those timepieces – Congrats on the great buy. Not surprisingly, the one watch that fetched the highest price was a Patek Philippe. Interestingly enough Patek Philippe was the leader in the 2011 auction as well. That year, the brand’s watch…

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3 Top Women’s Moon Phase Watches

 |  September 5th, 2013

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