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Valuations: Why is This Watch Worth $312,000?
Purists prefer Patek Philippe, says Vanessa Herrera, deputy director for Sotheby's Asia watch department. Everytime the auction house has a Patek in its lot, it is flagged as an auction highlight. For the Oct. 6 Sotheby's watch auction, a Patek Philippe platinum 5078P sold for 2.42 million Hong Kong dollars (US$312,000). It was "a most sought-after piece," says Ms. Herrera.
 0 comments  |  Posted by: TimothyZhu on 10/18 9:06pm
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