Phillips Auction Sets Three Records as Last Emperor of China’s Patek Philippe Wristwatch

Phillips made history with The Imperial Patek Philippe Sale, held at their newly established Asia headquarters in Hong Kong. The highly anticipated auction featured a collection of 12 exquisite timepieces that once belonged to Aisin-Goro Puyi, the last Emperor of China. In a remarkable turn of events, all 12 pieces were successfully sold, generating an impressive total of $6.6 million USD.

Stealing the spotlight at the auction was the prestigious Patek Philippe Reference 96 Quantieme Lune, which achieved a staggering sale price of $6.2 million USD. After a thrilling bidding war lasting six minutes, a local collector emerged as the proud new owner of this remarkable timepiece. This sale not only set a new record for any Ref. 96 Quantieme Lune ever sold, but also claimed the title for the highest price ever paid for a wristwatch previously owned by an Emperor. Additionally, it marked the most valuable lot ever realized by Phillips Watches in Asia.

Thomas Perazzi, the Head of Watches for Phillips’ Asia region, expressed his pride in the overwhelming response from collectors worldwide. As the watch and accompanying artifacts embarked on a global tour, they captivated the interest of collectors hailing from 56 different countries, aged between 25 and 60. Notably, the auction witnessed a diverse range of collectors, including those passionate about Chinese paintings, ceramics, and antiques, who enthusiastically participated in today’s sale.

For a comprehensive overview of the results from The Imperial Patek Philippe Sale, visit Phillips’ website and delve into this record-breaking event.

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