Patek Philippe’s most important watch previewed in Hong Kong

Record ID: 572366

  • Title: Patek Philippe’s most important watch previewed in Hong Kong
  • Date: 31st March 2017
  • Summary: HONG KONG, CHINA (MARCH 31, 2017) (REUTERS) SOTHEBY'S INTERNATIONAL CHAIRMAN WATCH DIVISION, DARYN SCHNIPPER, INTRODUCING PATEK PHILIPPE'S "CALIBRE 89" WATCH VARIOUS OF WATCH INTERNATIONAL WATCH DIVISION, DARYN SCHNIPPER (SOUDBITE) (English) SOTHEBY'S CHAIRMAN, INTERNATIONAL WATCH DIVISION, DARYN SCHNIPPER, SAYING: "Well it's quite remarkable it’s 33 functions, or complications as we like to say, so nine more than that was the most complicated watch by Patek Philippe. And then it weighs remarkable 11 hundred grams, or two and a half pounds. And, for sure, it’s the heaviest watch that I can remember handling. The Graves for instance, which was not a 'shrinking violet', weighed half as much and was significantly smaller, but didn't have to pack as many functions into its system." VARIOUS OF WATCH SIGN ADVERTISING THE WATCH WATCH (SOUNDBITE) (English) SOTHEBY CHAIRMAN, INTERNATIONAL WATCH DIVISION, DARYN SCHNIPPER, SAYING: "I think it's about people collecting the best of the best. People who collect cars, who collect wine, collect jewellery for that matter. Or they can be collecting Asian works of art for instance. We've had a lot of cross-over in both those categories. So it is going to appeal to the person who is a collector in principle, but who wants to have the best of the best. It's a trophy piece ultimately."
  • Embargoed: 14th April 2017 16:36
  • Keywords: watch Patek Philippe Hong King Auction Geneva
  • Location: HONG KONG, CHINA
  • City: HONG KONG, CHINA
  • Country: China
  • Topics: Arts/Culture/Entertainment
  • Reuters ID: LVA0016AAKORD
  • Aspect Ratio: 16:9
  • Story Text: The most complicated Patek Philippe watch has been previewed at Sotheby's in Hong Kong ahead of its auction in Geneva. With 33 complications, the Calibre 89 is a leader in innovation and importance.
    After research began in 1980, Patek Philippe unveiled the Calibre 89 in 1989 to mark their 150th anniversary.
    The horological masterwork is one of the most important watches ever to be offered at auction according to Sotheby's, and is being offered with an estimate of CHF 6.5-10 million.
    A prototype of the watch is displayed at the Patek Philippe Museum in Geneva.
    Speaking at the preview in Hong Kong, Sotheby's International Watch Division Chairman, Daryn Schnipper described the watch as a 'trophy piece' and added "it is going to appeal to the person who is a collector in principle, but who wants to have the best of the best".
    The timepiece will lead Sotheby's auction of Important Watches on 14 May in Geneva.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2017. Open For Restrictions - http://about.reuters.com/fulllegal.asp
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