“Following our blockbuster sales in New York and Geneva, the Hong Kong Watch Auction: FIVE achieved an impressive HK $109 million – the highest sale total for any watch auction staged in Asia this year, bringing Phillips’ annual total for the category to over US $110 million.” – Aurel Bacs, Auctioneer and Phillips Senior Consultant Continue reading 28 November Phillips Hong Kong Watch Auction: Patek Philippe Ref. 2523 – A gold world-time watch with engine turned dial – achiev

A "Holy Grail" watch is set for auction on October 26 at Phillips' New York sale room. Rolex began making Daytona chronographs in 1963 to meet the needs of professional race car drivers. The main innovation had to do with the tachymeter, a scale that works in conjunction with the chronograph (the stopwatch), according to Paul Boutros, head of watches for the Americas at Phillips. Around 1966 the company came out with a Daytona version featuring an “exotic” dial, he says. It h