On May 31, 2016, Phillips auction house and Bacs & Russo held the second Hong Kong luxury watch auction at Mandarin Oriental Hotel, one of which was Patek Philippe Ref. 2499 (368 No.) sold for USD 2,537,964, or approximately RMB 16,731,020, setting a record price for a single watch at an Asian auction. The total auction price for the entire auction was as high as USD 19.39 million, or approximately RMB 127.58 million.
This is an 18K red gold watch with a case diameter of 37.7mm (case number 2’637’709), equipped with a mechanical movement (calibre number 869’357, diameter 13 ” ‘, 23 gems ), With perpetual calendar, chronograph and moon phase display, a beige leather strap with 18K red gold folding buckle, Patek Philippe logo on the case, dial and movement, very fine, rare and unique, Estimated before auction was $ 116-232 million.
It is reported that this Patek Philippe Ref. 2499 watch participating in the auction was produced in 1968, sold on April 22, 1970, and appeared at the Sotheby’s Geneva auction on November 16, 2004. It was a distinguished European collectors. (Photo / text watch home Xu Chaoyang)