Phillips announces landmark auction results

Phillips in Association with Bacs & Russo has achieved  $23.25 million for The Hong Kong Watch Auction: XVII, marking three years of 100% Sold, White Glove Sales for The Watches Department in Asia and also marking a 17  percent increase on the previous season. The sale saw over 1,700 watch enthusiasts participating from across 61 countries. The star lot of the sale was the possibly unique and previously unknown Patek Philippe ref. 3974 wristwatch in platinum, which soared above its pre-sale estimate, eventually selling for over $1.8 million. Another star lot was the vintage Rolex ‘Stelline’ ref. 6062 in yellow gold that sold for more than $910,336.