New Release
Explore Patek Philippe's 2016 novelties from Baselworld, including the 5164R Aquanaut and 5170R chronograph. Mark in Paris reviews new models, design philosophy, and collector reactions.
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Community
Explore the Patek Philippe Tokyo Exhibition with a detailed review, showcasing rare handcrafts, museum pieces, and new references like the Ref. 5330 and Ref. 6007. Discover collector insights.
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Manufacture
Explore Patek Philippe's diverse case profiles from Baselworld 2016. Mark in Paris highlights the subtle craftsmanship and intricate details that define the brand's unique aesthetic and contribute to its value.
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Complications
Explore the Patek Philippe Minute Repeater Alarm Ref. 1938P-001, a limited edition tribute to Philippe Stern. Discover its exclusive movement and collector debate.
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Market
Sylvester Stallone's Patek Philippe Grandmaster Chime auction sparks debate among collectors. Explore market implications and celebrity collecting ethics.
78 replies18294 views
Market
Discover how a fake listing of a Patek Philippe Grandmaster Chime Ref. 5175R-001 exposed online market vulnerabilities. Learn about watch fraud and collector vigilance.
38 replies14836 views
Its amazing.
The vibe was great at Onlywatch auction. Great results for a great cause
Yes, I guess we might know more during the next few days (if ever..for instance I don't think the buyer of PN's PN has ever been revealed). My understanding is that a few big *art* collectors from Asia were also bidding today...
Which easily means collectors who already own single objects worth several $100M... So while this is a wonderful result, in the grand scheme of things it's not entirely shocking..;-) Anyway, let's wait on Cbb to post a wristshot now so we can know for sur...
It is unbelievable
Crazy ! Just broke the record ! So happy for Patek Philippe. Thierry have been very cleaver. Well done.
Would be very strange if so.
I mean, that'd be $31million right down the tubes, right? If Patek wanted to keep it, they could have just kept it!
I mean, doesn't that strike you as a pointless exercise?
To build a watch, offer it for sale for charity, but then buy it yourself...? Ah, but they're getting something out of too, you might say, since it also means that they get the publicity of having sold the most expensive watch in history. But, again, how ...
You are off by at least a factor of 10...You're saying sales were less than $150M last year, which divided by the (more than) 60,000 watches sold, gives you an average of $2500 per watch...
Perhaps you meant to post in a different forum? ;-)