# @sothebyswatches on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CjVPevQLzrL
- **Gondola URL:** https://gondola.cc/posts/12828252-sothebyswatches-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/fa4ca83815.jpg
- **Posted:** 2022-10-05T12:23:35.000+00:00
- **Account Owner:** Sotheby's Watches (@sothebyswatches) — https://gondola.cc/sothebyswatches

## Caption

#AuctionUpdate: 👑 Widely accepted as the most important wristwatch manufactured this century – this Patek Philippe Sky Moon Tourbillon Ref. 5002 led the Hong Kong Important Watches I sale at a staggering HK$12.5m/US$1.6m. Bearing twelve complications on two dials, this was Patek Philippe’s most complicated wristwatch at launch and is the brand’s first creation that features a double dial.

👑 Another exceptional price made in the auction is Philippe Dufour Simplicity, which soared to HK$7.3m/ US$937,000, 2 times over the pre-sale estimates (HK$3.5m -5m/ US$449k – 641k). The present watch featured a vintage looking 34 mm white gold case and being numbered 167.

👑 Patek Philippe 3970 came at the third place of the sale as it realized HK$5.2m/ US$662,000, more than 2 times over the pre-sale estimates (HK$2m – 3m/ US$256k – 385k). To commemorate the company’s 175th anniversary, some historic references were revived, including the present lot known as the “London Edition”, it was one of five pieces produced for the 3970 in elegant pink gold case. 

Sotheby’s Head of Watches in Asia, Joey Luk watchthisjoey states, “Masterpieces by heritage maisons and independent watchmakers continue to shine at this season's auction.  Horological marvels such as the Sky Moon; once the most complicated wristwatch in history,  Simplicity; modern minimal yet superlative in design and 3970; a reinterpretation of the brand’s classic, have proven that rare, top quality timepieces will always remain in high demand.”

Today’s live auction totaled HK$141m/ US$18m, while “Important Watches II : Online Sale” is currently open for bidding until 10 Oct. Visit link in bio to browse the sale.

#SothebysWatches #PatekPhilippe #PhilippeDufour

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## Tags

patekphilippe, auctionupdate, philippedufour, sothebyswatches

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