Watches
A $14 Million Patek Philippe Wristwatch Is Coming Up for Sale in Hong Kong
- Timepiece’s estimate is the highest for any wristwatch auction
- Sale in Hong Kong risks taking place amid political turmoil
A rare 1950s Patek Philippe timepiece is coming up for sale in a Christie’s auction in Hong Kong that risks taking place against the backdrop of the political demonstrations that have hit sales of new watches.
The 18-carat pink gold Patek Philippe has a rare translucent blue enamel dial and is known by the name of the 177-year-old Milan-based shop where it was sold, Gobbi. The price estimate is $7 million to $14 million, which Christie’s said is the highest for any wristwatch offered in an auction.