Highlighting the sale will be the Patek Philippe Reference 2523, one of the rarest wristwatches produced by the manufacturer in 1953, with an estimate worth of USD 1.25 mil to 2.5 mil.
Following the WINNING ICONS auction taking place in New York next week (October 26), Phillips in Association with Bacs & Russo will be continuing its Fall season with The Hong Kong Watch Auction: FIVE at Mandarin Oriental Hong Kong on November 28, 2017.
The auction will offer an outstanding selection of collectible timepieces, including vintage and contemporary wristwatches, as well as pocket watches and enamel clocks.
Highlighting the sale will be the Patek Philippe Reference 2523, one of the rarest wristwatches produced by the manufacturer in 1953, with an estimate worth of USD 1.25 mil to 2.5 mil (~RM 5.3 mil to RM 10.6 mil).
Made for the rising “jet-set” in 1953, the yellow gold world time wristwatch is the only other Patek Philippe reference to feature two crowns besides its sister model, 2523/1.
“Intriguingly, this rare reference, powered by Louis Cottier’s revolutionary world time system, did not achieve tremendous success when it launched in 1953. Consequently, few were sold, and today, the reference 2523 ranks among the world’s most sought after watches,” Kazuhiko Fujimoto, Acting Head of Watches, Asia, and Aurel Bacs, Senior Consultant, said.
“Today, this timepiece is recognised for its pioneering, perfectly balanced design – chronicling a historic moment in watchmaking history that was ushered in by the jet age.”
Here are six other exceptional timepieces to anticipate in the specially curated collection for The Hong Kong Watch Auction: FIVE.
Rolex, Cosmograph Daytona “Tropical Lemon”. A 14k gold chronograph wristwatch with topical Paul Newman ‘lemon’ grené dial, white graphics and 14k gold bracelet, reference 6241, manufactured in 1969. (HKD 1,600,000 - 3,200,000 / USD200,000 - 400,000)
Patek Philippe. A stainless steel chronograph wristwatch tachometer scale, reference 1463, manufactured in 1942. (HKD 1,600,000 - 3,200,000 / USD200,000 - 400,000)
Patek Philippe. A yellow gold chronograph wristwatch with Brequet numerals, reference 1579, manufactured in 1952. (HKD 1,200,000 - 2,400,000 / USD150,000 - 300,000)
Philippe Dufour, Simplicity. A fine pink gold wristwatch, with original certificate and presentation box, manufactured in 2012. (HKD 960,000 - 1,440,000 / USD 120,000 - 180,000)
Patek Philippe. A platinum and diamond-set minute repeater perpetual calendar with moonphases, produced only upon special request, fitted presentation box with original certificate, reference 5073, manufactured in 2011. (HKD 3,200,000 - 5,600,000 / USD 400,000 - 700,000)
A. Lange & Söhne, The Lange 1 Tourbillon, “Handwerkskunst” from original owner. A limited edition platinum tourbillon wristwatch with black enamel dial, date and hacking mechanism, manufactured in 2014. (HKD 1,300,000 - 1,800,000 / USD 162,500 - 225,000)
Images: Courtesy of Phillips in Association with Bacs & Russo