$1.2 Million Patek Philippe Up for Auction

by Jared Paul Stern (RSS feed)
Oct 16th 2008 at 10:02AM

At Antiquorum's Important Collectors' Wristwatches, Pocket Watches & Clocks auction in Manhattan today, a rare and important 1956 Patek Philippe chronometer (right) is expected to fetch up to $1.2 million.

The 18K yellow gold watch has a square button chronograph, 30-minute register, perpetual calendar, moon phases, and special tachometer dial, and comes accompanied by an additional Patek Philippe 18K yellow gold link bracelet, fitted box and the extract from the watchmaker's archives.

This is the priciest Patek we've seen since the Sotheby's auction we told you about in May that featured an oversized chronograph formerly owned by dashing Italian racecar driver Count Felice Trossi.

The Antiqorum sale also features an astronomic, water-resistant, platinum and diamond Patek chronograph with registers, perpetual calendar and moon phases, estimated at $280,000 - $340,000.

[via Affluent Page]

Tags: Antiquorum, patek philippe, PatekPhilippe, Watch