All articles tagged with #patek philippe
An ultra-rare stainless-steel 1930s Patek Philippe Calatrava Reference 448, passed down through generations and hidden in a Cornish family’s jewelry box, sold for £59,000 (about $80,000) at Hansons Auctioneers in Penzance, far above its £5,000 estimate. Bidders from around the world competed, and the watch is set to begin a new life in Hong Kong.
During the quartz crisis, Philippe Stern backed mechanical watchmaking at Patek Philippe, commissioning the 150th-anniversary Caliber 89—the then-most-complicated piece with 33 complications—and shifting to a global, consumer-facing marketing approach (Generations campaign), a strategy that sustained the tradition and helped spark a renaissance in mechanical watchmaking.
Patek Philippe marks the Nautilus’ 50th with the 5610/1P-001—a 38mm platinum-case Nautilus clocking in at 6.9mm thick, featuring no seconds hand or date, a blue embossed dial with white-gold accents and a 22K-gold micro-rotor Caliber 240; limited to 2,000 pieces and priced from CHF 90,000 (~$115k). The collection also includes two 41mm Jumbo references (5810/1G-001, 58101G-001) and a 50.65mm white-gold desk watch.
A Swiss court has ruled that a Patek Philippe watch gifted to John Lennon by Yoko Ono for his 40th birthday belongs to Ono, following a legal dispute over its ownership. The watch, valued at $4.51 million, was stolen by Ono's former chauffeur and later purchased by an unidentified man, Mr. A, who claimed legal ownership. The court determined the watch was a stolen object, thus invalidating Mr. A's claim. The watch symbolizes a significant moment in Lennon and Ono's relationship, coinciding with Lennon's return to music and the release of his final album, "Double Fantasy."
Switzerland's top court has ruled that John Lennon's Patek Philippe 2499 watch, a 40th birthday gift from Yoko Ono, legally belongs to Ono, ending a prolonged legal dispute with an Italian watch dealer. The watch, stolen from Ono years ago, is now to be returned to her. This decision concludes a complex saga surrounding the watch, which is considered highly valuable and sought after by collectors. The Italian dealer, Julian de Simone, has shared his side of the story, promising more details soon.
The Patek Philippe Cubitus, a new sports watch collection, has faced criticism for its design, which many see as uninspired and derivative of the Nautilus. Despite this, it remains highly sought after, with prices exceeding retail at auction. For those who admire the Cubitus but find it inaccessible, the Maen Manhattan offers a similar aesthetic at a fraction of the cost. This Dutch microbrand's watch, which debuted in 2022, features a square case and integrated bracelet, and is praised for its design and affordability, starting at around $1,000.
Here are seven watches that cost more than a Bugatti Chiron: Louis Monet Meteoris collection with actual pieces of meteorite and moon rock ($4.6 million), Jacob & Co. The Billionaire with 260-carat diamonds ($18 million), Patek Philippe Henry Graves Supercomplication with 24 complications ($24 million), Chopard 201k with 201 carats of diamonds ($25 million), Jaeger LeCoultre Joaillerie 101 Manchette with 576 diamonds ($26 million), Graff Diamonds Fascination with 152.96 carats of diamonds and a removable diamond ring ($40 million), and Graff Diamonds Hallucination covered in 100 diamonds totaling 110 carats ($55 million).
A Patek Philippe watch that belonged to China's last emperor, Aisin-Gioro Puyi, has sold for a record $6.2 million at a live auction in Hong Kong. The rare timepiece was sold to an Asian collector after six minutes of bidding. The auction house, Phillips, said it was a record for a wristwatch previously owned by an emperor as well as for the Patek Philippe Reference 96 Quantieme Lune, of which there are only eight known to exist.
The "Imperial Patek Philippe," a rare Patek Philippe 96 complete calendar moonphase owned by Emperor Puyi, the last emperor of the Qing Dynasty, has sold for HKD 48,850,000 (about $6.2 million) in a dedicated sale alongside 11 other items from Puyi. The watch is the most expensive vintage wristwatch ever sold at auction and is just the eighth complete calendar moonphase ref. 96, and the third known Quantieme Lune in platinum. The watch's provenance and rarity make it a historically important timepiece.
Patek Philippe has released a new version of its travel time watch, the Calatrava 24-Hour Display Travel Time ref. 5224R-001, which features a 24-hour display. The watch keeps home and local time with two central hands that track a 24-hour dial, and the rose gold case measures 42mm. The new movement does away with any pushers, and instead features a new, patented three-position crown. The watch comes on a blue nubuck strap and costs CHF 48,500.
Patek Philippe has released its first-ever chronograph in the Pilot watch line with a flyback chronograph. The Calatrava Pilot Travel Time Chronograph ref. 5924G comes in a white gold case with two dial variations, a sunburst blue-gray, and a military-inspired lacquered khaki green, each with a matching calfskin strap. The watch features the Caliber CH 28‑520 C FUS, a flyback chronograph with a 60-minute counter, two time zones, and a day/night indicator running of the local time zone. The watch is priced at 64,000 CHF.
Patek Philippe has released an updated Calatrava watch with primary-colored dial variations. The new Patek Philippe Reference 6007G comes in three colors: yellow, red, and blue. The watch features a black dial with yellow, red, or sky blue accents on the minute and hour track, and a matching center seconds hand. The watch is powered by Patek's newer-generation movement, the caliber 26-330 S C, and costs nearly $40,000. The new 6007G strikes a balance between traditional and modern, sport and dress, restrained and colorful.
A Patek Philippe 'Sky Moon Tourbillon' has sold for $5.8 million at Christie's "Top of the Time" online auction, setting a new record for an online auction. The rare watch, part of Patek's Grand Complications series, features 12 complications and is encased in an 18-karat white gold case. The pre-owned watch market is expected to keep growing, hitting 10% CAGR through 2026. The Christie's auction pulled in $8.4 million in sales, with millennials making up 40% of the buyers at auction.