Sunday, December 23, 2012

$17 Million, Important Watches and the Spirit of the Dragon

Posted by Shreve & Co. at 12:00:00 AM in Patek Philippe (29)


The year is almost over but the spirit of the Dragon will linger in the Woods Room of Christie’s Hong Kong on Wednesday, November 28th. 2012. The autumn auction of Important Watches will sport 540 collectible chronographs. All are estimated to sell at $17 million USD.  The Dragon Collection, of Patek Philippe watches, will highlight the event. The Star Caliber 2000 (est. $2,300,000 – 4,000,000) accentuates the collection as this is a piece that has yet to see the market. This  masterpiece pocket watch showcases itself with 21 complications to celebrate the millennium. It in itself is made up of 1,118 parts and took seven years to perfect. The unique collection also includes The Patek Philippe Ref. 5016 and the Ref. 3939. The particular 5016 to be auctioned is the only yellow gold one with its dial having ruby indexes to come into market. The other exceptional piece is a Ref. 3939 in platinum. There were only 200 of such model made and only 65 were in platinum. But this special piece in the Dragon Collection was made even more special with a mother-of-pearl dial—the only one in the world. All three pieces form The Dragon Collection. Each is considered to be a rare feat of craftsmanship. Their qualities mirror the company that conceived them—innovated, worthy of royalty and free spirited, much like the dragon. If you can’t visit Christie’s Hong Kong, you can try and visit Shreve & Co.. Shreve & Co. is an authorized dealer for Patek Philippe. 

Written by Shreve & Co. at 12:00:00 AM in Patek Philippe (29) | Comments (0)


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