It was another big event as Christie's in Geneva made some amazing sales at their Important Watches auction last week, bringing in $25 million total. The absolute star of the show was Patek Philippe as the brand brought in the 13 of the top 15 bids. Here's a little insight on the top lot of the day (above): A stainless steel model from 1949, the watch features a perpetual calendar with phases of the moon, amagnetic balance, and applied painted Arabic numerals. According to the backstory, the exceptional piece was owned by Briggs Cunningham II (1907-2003), a noted American sportsman known for his America's Cup victory and motor racing. The price for this piece of history? A cool $3.95 million.
This just goes to show you that owning a little bit of Swiss watch magic can really pay off down the line. That's why I wholeheartedly suggest checking out our Highly Collectible Watch Event going on right now through Wednesday over at Portero. If you take a look at this perpetual calendar model, available right now for purchase, you'll see that the Patek look remains consistent and classic even over the last 60 years.
To see a full list of the Christie's auction results, click right here. To shop Portero's Highly Collectible Watch Event, click right here.
Image courtesy Christie's
