Patek Philippe Sells for ‘Just’ 312K

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Recently we asked the question, "How much would you spend on a new watch?" Just 21 percent said $3,000 or more.

Something tells us that even those with an appetite for a more expensive watch probably don't have the stomach for a Patek Philippe that went for $312,000 (US) at a Sotheby's watch auction held in Hong Kong on October 6th.

The piece in question is a platinum 5078P model (photo to left) with a unique minute-repeating function that calls out the passage of 60 seconds with a distinct note.

Surprisingly $312,000 represents a bargain compared to what it is sold for online. Prices range from $339,000 to $399,000.

But even these prices pale in comparison to the Patek Philippe Sky Moon Tourbillon Mens Wristwatch Model 5002P (pictured above), which sells for $1.5 MM at Gemnation.

Categories: Patek Philippe.

Comments (1)

  1. Very nice and interesting watch item. Having this is something that will definitely set you off and make you feel at the top of the world indeed. Cheers! —Peter

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