THE HIGHEST TOTAL EVER FOR A SALE OF IMPORTANT WATCHES AT SOTHEBY’S WORLDWIDE.
Yesterday, on the final day of the six-day Sotheby’s Hong Kong Autumn 2011 sales series, the sale of Important Watches achieved an astounding HK$112 million / US$14 million (Est. HK$74 – 105 million / US$9.5 – 13.5 million), establishing the Highest-Ever Total for a Sale of Important Watches at Sotheby’s Worldwide. Collectors from Asia, Europe and America engaged in highly competitive bidding, resulting in premium prices achieved for the rarest and most sought-after collectible watches. World auction records were set for a Patek Philippe Ref. 3939 Yellow Gold Wristwatch and a Patek Philippe Enamel Solar Dome Clock. 23 lots sold in excess of HK$1 million / US$128,205 with record-breaking participation for telephone and online bidding. Buyers from all three continents were represented in the Top-Ten. Sold by lot: 88.6% Sold by value: 94.8%
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