World record: This Patek Philippe is the most expensive watch sold at online auction

Record mondial

This Patek Philippe is the most expensive watch sold at online auction

A rare Patek Philippe model passed into the hands of a new owner for 5.3 million francs. No one had ever paid such a sum for a watch at an online auction.

Posted

This “Sky Moon Tourbillon” by Patek Philippe broke the world record at the “Watches online: Top of the Time” auction organized by Christie’s.

Christie’s

A “Sky Moon Tourbillon” by Patek Philippe was the subject of a new world record at the “Watches Online: Top of the Time” auction organized by Christie’s in Hong Kong. It was sold for $5.8 million, making it the most expensive watch ever sold at online auction.

The watch, 44 millimeters in diameter and featuring a hand-engraved 18-karat white gold case, was part of an auction of 111 luxury items from Piaget, Jaeger-LeCoultre, Rolex, Bulgari or Cartier again.

40% of bidders are millennials

The “Sky Moon Tourbillon 6002 G” is equipped with various accessories, including matching cufflinks. Its reverse is inspired by a sparkling starry sky. This watch is extremely rare, which could explain its high selling price.

Reverse of the watch that broke the world record.

Christie’s

While physical auction prices are generally higher, online auctions are gaining ground, especially among millennials. According to Christie’s, 40% of bidders belong to this generation. The record for the most expensive watch ever sold at auction is still held by the Patek Philippe “Grandmaster Chime”, which sold for $31.2 million at an auction in Geneva in November 2019.

How much does your most expensive watch cost?

Show comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.