Last night, the Patek Philippe Sky Moon Tourbillon becomes the most expensive watch ever sold online Christie’s sets global record for the most expensive watch auctioned online - the Patek Philippe ‘Sky Moon Tourbillon’ achieved US$ 5.8 million / HK $45.4 million
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Christie’s Hong Kong Top Of The Time Watches Online Totalled HK$65,811,600 / US$8,420,555 93% Sold by Lot | 131% Hammer Above Low EstimateTop Lot – Lot 111: Patek Philippe, Grand Complications ‘Sky Moon Tourbillon’ , Ref. 6002G-001 Realised HK$45,450,000 / US$5,815,300
Results Highlight a Strong Start to the Watch Season for Christie's
Hong Kong Remains a Major Global Collecting Hub for Watches with Participation from 48 Countries across 7 Continents
Online Sales a Key Channel for Millennials, who represented 40% of Buyers
Alexandre Bigler, Vice-President, Head of Watches, Christie’s Asia Pacific, commented: “The outstanding results established for Watches Online: Top of the Time demonstrate the power of Christie’s online sale platform to present exceptional lots and achieve top prices, on par with our live sales. There continues to be an extremely vibrant market for watches across the world, evidenced through the avid global bidding this sale witnessed, which further cements Hong Kong’s status as an international epicenter for watch collecting. This sale lays a very strong foundation for our Spring Auctions in May at the Hong Kong Convention and Exhibition Centre, where we look forward to presenting more exceptional timepieces for our esteemed clients and watch enthusiasts.”Additional Highlights:Lot 110: PATEK PHILIPPE, Grand Complications, with minute repeating, instantaneous perpetual calendar, single button chronograph, moon phases, leap year and day/night indication, ref. 5208P-001, circa 2015 Price realised: HK$7,812,000 /US$999,541Lot 60: GERALD GENTA, Platinum skeletonised minute repeating perpetual calendar wristwatch, with leap year indicator and moon phases Price realised: HK$819,000 /US$104,791 Over 5 times over low estimate Lot 27: ANDERSEN GENÈVE， Unique 18k white and pink gold wristwatch, case made by Jean-Pierre Hagman, with 21k blue gold dial, tapisserie decorated, art deco hands, historic LeCoultre minute repeater movement from the 1920s, perpetual calendar and leap year indicator inside 6 o'clock hour index, circa 2015 Price realised: HK$352,800 /US$45,141 Over 7 times over low estimateLot 72: JAEGER LE-COULTRE, 18k pink gold wristwatch, with reverso tourbillon and power reserve, limited to 500 Pieces Price realised: HK$352,800 /US$45,141 Over 2 times over low estimate
Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).
auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. Christie’s has sold 8 of the 10 most important single-owner collections in history, including the Paul G. Allen Collection—the most valuable collection ever offered at auction (November 2022). In recent years, Christie’s also achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvator Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn, 2022) and for a work by a living artist (Jeff Koons’ Rabbit, 2019). Christie’s Private Sales offers a seamless service for buying and selling art, jewellery and watches outside of the auction calendar, working exclusively with Christie’s specialists at a client’s individual pace.
Following the groundbreaking 2021 sale of the first digital art NFT ever offered by a global auction house (Beeple’s Everydays), Christie’s recently launched the first fully on-chain auction platform dedicated to exceptional NFT art. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including the use of hologram technology to tour life-size 3D objects around the world, and the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats.
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