A collection of more than 128 contemporary Phillipe Patek watches are expected to bring in more than $15 million.
The first 30 watches will go to auction in Geneva on May 9, including a Ref. 5959R-001 Split-Seconds Chronograph in rose gold with black dial and a Ref. 5074R-001 Minute Repeater Perpetual Calendar in the same color scheme.
Christie’s Hong Kong will present another 30 watches on May 24, including rare pieces like a platinum Ref. 5951P-012 Perpetual Calendar Split-Seconds Chronograph and a rose gold Minute Repeater Ref. 5078R-001. The last 68 pieces will hit the auction block in New York on June 8, including several watches with double-signed dials by Patek Philippe and Tiffany & Co., according to Christie’s.
The seller—who chose to remain anonymous—has collected watches for more than 35 years, according to Christie’s, and possessed the “ability to acquire the rarest of items.” The watches have been dubbed the “Kairos” collection, using the ancient Greek word to refer to opportune or critical timing.High-end luxury watch sales are on the rise after being battered by the coronavirus pandemic in 2020. Last year, the top three watch auction houses—Phillips, Christie’s and Sotheby’s—allfor timepieces. Phillips had the most successful year in the history of watch auctions with $209.
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