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PATEK PHILIPPE’S $7.8 MILLION MASTERPIECE & OTHER HIGHLIGHTS FROM THE GENEVA WATCH AUCTION: XIII

“And now, the big collectors start to get serious!” Aurel Bacs, the main auctioneer at Phillips Geneva Watch Auction XIII, exclaimed as a certain Cartier timepiece surpassed $300,000. While the remark was in reference to that specific Cartier, it could’ve applied at any point to Phillips’ first flagship watch auction of the year, held this past weekend in Geneva.

Phillips has become the leading auction house for watches, twice-yearly hosting flagship auctions in Geneva, Switzerland, the historical and spiritual home of watchmaking. Before Covid-19, the auctions were a worldwide event, something like Pitti Uomo meets Art Basel, but with the world’s biggest watch collectors showing up to drop millions on some of the rarest and important wristwatches.

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