27 Nov 2022
DiamondWorld Directory
Home |
Patek Philippe Ref. 5207P-001watch breaks world record at Sotheby’s HK Important Watches Spring Sale
Sells for $866,667
By: Diamond World News Service
Apr 14 2014 6:13PM
Reference: 9030  

A Patek Philippe watch topped the Sotheby’s Hong Kong Important Watches Spring Sale. The timepiece created a world auction Record for a Patek Philippe Wristwatch selling for $866,667.

The auction was held on 8th April and achieved total revenues worth $16.7 million.

The Patek Philippe timepiece Ref. 5207P-001, the brand’s third-most complicated watch, is characterised as a minute-repeating instantaneous perpetual calendar tourbillon piece. It has an indicator for the leap year and day/night. The watch of 41 mm and made in platinum in 2013 features a dial in honey-gold colour, reports say.

Sharon Chan, Sotheby’s Head of Watches, Asia , commented that the variety of lots attracted ‘international participation from bidders not only in the room but also on the phone and the Internet.’ She further added, “The top lot, a Patek Philippe wristwatch Ref. 5207P-001, the third most complicated wristwatch by the brand, was fiercely contested by four bidders before selling at US$867,000, setting a world auction record for the model. Avant-garde watches by independent watchmakers including Richard Mille and Greubel Forsey also fetched notable prices.”

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 31939
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 9423
GJEPC Chairman Interview
Views: 28060
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 39258
Promo for IJ Awards 2012 at NDTV Profit
Views: 56990
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 68479
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21824
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 50851
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 53006
DW News App
Member of:
Supporter of: