Yesterday marked a historic event as The Imperial Patek Philippe Auction was conducted at Phillips' new hub in Hong Kong. All of the dozen pieces owned by Aisin-Goro Puyi, China's last Emperor, were sold for a total of $6.6 million USD.
The highlight of the auction was the Patek Philippe Reference 96 Quantieme Lune, purchased by a local enthusiast for $6.2 million USD following six minutes of intense bidding. This monumental sale set three records, becoming the highest sale of any Ref. 96 Quantieme Lune, the most expensive wristwatch previously possessed by royalty, and the most valuable item ever sold by Phillips Watches in Asia.
Phillips' Asia Head of Watches, Thomas Perazzi, expressed his pride in the global interest the auction had garnered. The event attracted collectors from across the world, aged between 25 and 60, and from diverse collection backgrounds, including Chinese paintings, ceramics, and antiques. Full results of The Imperial Patek Philippe Sale can be found on Phillips' website.