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<p>While some may consider a watch as a mere timekeeping device, others see it as a symbol of prestige and sophistication. If you&#8217;re curious about the priciest timepieces, this article is for you. From exquisite design to intricate mechanisms, these timepieces are the epitome of luxury. Scroll down to explore the craftsmanship, beauty, and exclusivity that define these expensive watches and make them the most coveted timepieces money can buy in 2023.</p>



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<h4 class="wp-block-heading">5. Jaeger-LeCoultre Joaillerie 101 Manchette for HK$203 million</h4>


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<figure class="aligncenter size-full"><img decoding="async" loading="lazy" width="768" height="576" src="https://www.gafencushop.com/wp-content/uploads/2023/07/Jaeger-LeCoultre-Joaillerie-101-Manchette.jpg" alt="precious timepieces" class="wp-image-76608" srcset="https://www.gafencushop.com/wp-content/uploads/2023/07/Jaeger-LeCoultre-Joaillerie-101-Manchette.jpg 768w, https://www.gafencushop.com/wp-content/uploads/2023/07/Jaeger-LeCoultre-Joaillerie-101-Manchette-373x280.jpg 373w, https://www.gafencushop.com/wp-content/uploads/2023/07/Jaeger-LeCoultre-Joaillerie-101-Manchette-200x150.jpg 200w" sizes="(max-width: 768px) 100vw, 768px" /></figure></div>


<p>Ever wondered what the smallest mechanical calibre ever to be manufactured looks like. Look no further than Jaeger-LeCoultre’s Calibre 101 which was a miniature-sized dial created in the early 1920s allowing the watchmaker to make a diverse range of watch designs particularly feminine watches. One such watch that featured this tiny calibre is the Jaeger-LeCoultre Joaillerie 101 Manchette which has a strap made of white gold that is inlaid with 576 diamonds and 11 semi-precious crystals. As you would expect, this unique luxury watch is worth hundreds of millions with it being priced at US$26 million (HK$203 million.)</p>



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<h4 class="wp-block-heading">4. Breguet Grande Complication Marie Antoinette for HK$234 million</h4>


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<figure class="aligncenter size-full"><img decoding="async" loading="lazy" width="768" height="548" src="https://www.gafencushop.com/wp-content/uploads/2023/07/Breguet_Grande_Complication_Marie_Antoinette-removebg-preview.png" alt="precious timepieces" class="wp-image-76609" srcset="https://www.gafencushop.com/wp-content/uploads/2023/07/Breguet_Grande_Complication_Marie_Antoinette-removebg-preview.png 768w, https://www.gafencushop.com/wp-content/uploads/2023/07/Breguet_Grande_Complication_Marie_Antoinette-removebg-preview-392x280.png 392w, https://www.gafencushop.com/wp-content/uploads/2023/07/Breguet_Grande_Complication_Marie_Antoinette-removebg-preview-200x143.png 200w" sizes="(max-width: 768px) 100vw, 768px" /></figure></div>


<p>Getting its name as one of the most intricate pocket watches, the vintage Breguet Grande Complication was a watch that was made-to-order to be gifted to Queen Marie Antoinette with the buyer requesting that the horology piece be made with as much gold as possible and complete with the highest number of features in it. Likewise, this 60mm watch consists of more than 800 parts and 23 complications and is made with 24-carat gold and sapphire. For those who would like to take a closer look at this prestigious watch, it is on display at the L.A. Mayer Museum but if you want to own one, you will need to put down US$30 million (HK$234 million.)</p>



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<h4 class="wp-block-heading">3. Patek Philippe Grandmaster Chime for HK$280 million</h4>


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<figure class="aligncenter size-full"><img decoding="async" loading="lazy" width="768" height="520" src="https://www.gafencushop.com/wp-content/uploads/2023/07/Patek-Philippe-Grandmaster-Chime-Ref.-6300.jpg" alt="most expensive watches" class="wp-image-76610" srcset="https://www.gafencushop.com/wp-content/uploads/2023/07/Patek-Philippe-Grandmaster-Chime-Ref.-6300.jpg 768w, https://www.gafencushop.com/wp-content/uploads/2023/07/Patek-Philippe-Grandmaster-Chime-Ref.-6300-414x280.jpg 414w, https://www.gafencushop.com/wp-content/uploads/2023/07/Patek-Philippe-Grandmaster-Chime-Ref.-6300-200x135.jpg 200w" sizes="(max-width: 768px) 100vw, 768px" /></figure></div>


<p>Made especially for the Only Watch 2019 auction, the Patek Philippe Grandmaster Chime made headlines when it received the highest hammer price at the eighth edition of the charity auction, making it one of the most expensive watches to be ever auctioned and making it the third year, the horology brand held on to this coveted position. There are many factors that set this rendition of the Grandmaster Chime apart. It is a two-faced watch consisting of a 48mm dial on either side and boasting a total of 20 different complications and five different chiming options. Moreover, the watch is made of stainless steel which is an uncommon choice for watches that are particularly instilled with various complicated features. During the auction, the Patek Philippe Grandmaster Chime fetched an astonishing price of ₣31 million (HK$280 million.)</p>



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<h4 class="wp-block-heading">2. Graff Diamonds The Fascination for HK$ 313 million</h4>


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<figure class="aligncenter size-full"><img decoding="async" loading="lazy" width="500" height="890" src="https://www.gafencushop.com/wp-content/uploads/2023/07/Graff-Diamonds-The-Fascination.jpg" alt="most expensive watches" class="wp-image-76611" srcset="https://www.gafencushop.com/wp-content/uploads/2023/07/Graff-Diamonds-The-Fascination.jpg 500w, https://www.gafencushop.com/wp-content/uploads/2023/07/Graff-Diamonds-The-Fascination-157x280.jpg 157w, https://www.gafencushop.com/wp-content/uploads/2023/07/Graff-Diamonds-The-Fascination-200x356.jpg 200w" sizes="(max-width: 500px) 100vw, 500px" /></figure></div>


<p>Taking a spot among the most expensive watches ever to be made is the London-based jeweller Graff Diamonds with a diamond-covered timepiece called The Fascination. As the name suggests, the watch is fittingly fascinating as it is complete with 152.96 carats of white diamonds and a detachable pear-shaped diamond that can be switched with the watch dial or worn as a ring after attaching it to a shank. Above all, this three-in-one piece consisting of the rarest and the finest diamonds is also a reflection of the brand’s highly appreciated watchmaking techniques and precision in revealing the time. If you wish to own The Fascination timepiece by Graff Diamonds, it will cost you US$40 million (HK$ 313 million.)</p>



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<p class="has-text-color" style="color:#ba1414">Also Read:<a href="https://igafencu.com/articles/engagement-watches-couples-timpiece" target="_blank" rel="noreferrer noopener"> Engagement watches are the new engagement rings</a></p>



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<h4 class="wp-block-heading">1. Graff Diamonds Hallucination for HK$430 million</h4>


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<figure class="aligncenter size-full"><img decoding="async" loading="lazy" width="768" height="512" src="https://www.gafencushop.com/wp-content/uploads/2023/07/graff-1.jpg" alt="most expensive watches" class="wp-image-76612" srcset="https://www.gafencushop.com/wp-content/uploads/2023/07/graff-1.jpg 768w, https://www.gafencushop.com/wp-content/uploads/2023/07/graff-1-420x280.jpg 420w, https://www.gafencushop.com/wp-content/uploads/2023/07/graff-1-200x133.jpg 200w" sizes="(max-width: 768px) 100vw, 768px" /></figure></div>


<p>One glance at the Graff Diamonds Hallucination and anyone will notice why this watch has ranked as one of the most expensive watches since its launch at the 2014 Baselworld. The timepiece is literally covered with 110 carats of various fancy-coloured diamonds in different cuts. Laurence Graff, the founder of Graff Diamonds, even described this extravagant timepiece as a “celebration of the miracle of coloured diamonds.” With the myriad of diamonds being over the top, it can be easy to miss the relatively small pink Quartz dial that is also embellished with pink diamonds around it. Though the dial may not be the first thing to catch people’s attention, it certainly deserves high recognition for being able to tell the time very accurately, not needing a power reserve and not needing to be wound constantly. The Graff Diamonds Hallucination is priced at US$55 million (HK$430 million).</p>


Timeless Luxury: The Top Five Most Opulent Watches of 2023


<p>The recent online acquisition of a remarkable Patek Philippe has caused something of a stir in the watch-collecting community. Fetching US$5,815,300, the watch was the most valuable timepiece ever sold online globally and the most expensive object ever sold online at Christie’s Asia. This astronomical price for a Grand Complications Sky Moon Tourbillon has left some industry insiders wondering how high prices will go.</p>


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<figure class="aligncenter size-full"><img decoding="async" loading="lazy" width="745" height="745" src="https://www.gafencushop.com/wp-content/uploads/2023/05/Patek-Phillipe-lot-111.jpg" alt="" class="wp-image-74173" srcset="https://www.gafencushop.com/wp-content/uploads/2023/05/Patek-Phillipe-lot-111.jpg 745w, https://www.gafencushop.com/wp-content/uploads/2023/05/Patek-Phillipe-lot-111-200x200.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2023/05/Patek-Phillipe-lot-111-100x100.jpg 100w, https://www.gafencushop.com/wp-content/uploads/2023/05/Patek-Phillipe-lot-111-280x280.jpg 280w" sizes="(max-width: 745px) 100vw, 745px" /></figure></div>


<p>Buoyed by this massive headliner, the online watch sale at Christie’s Hong Kong in March proved a success with total sales comfortably exceeding US$8 million. Alexandre Bigler, Vice President and Head of Watches at Christie’s Asia Pacific believes this achievement is indicative of a vibrant market for watches across the world. He further opines that the sale cements Hong Kong’s status as an international epicentre for watch collecting.</p>



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<p>He also attributed the success to the diverse selection of collectible watches. “Not only did we offer rare timepieces from reputed brands like Patek Philippe, Rolex, Cartier and Vacheron Constantin, but also iconic designs from other highly-sought after brands like Gerald Genta, Andersen, Hublot, A. Lange &amp; Söhne., and Jaeger Le-Coultre.”</p>



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<p>But just what is it that drives buyers to collect watches and pay such sky-high prices? Kenneth Or, founder of Hong Kong-based Ken’s Watches, a supplier of new and second-hand premium watches since 2002, says that for some, it is simply a hobby, just like any other pastime that gives pleasure, such as collecting arts or wine or cars or jewels.</p>



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<p>But there are also financial motives. “It is now considered to be a kind of investment tool as well,” he notes. “Watches have their own value. A watch not only keeps its value but sometimes its value might also be increased as time passes by. One can enjoy collecting something they love while they know they can always get the money back.”</p>


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<figure class="aligncenter size-full"><img decoding="async" loading="lazy" width="745" height="745" src="https://www.gafencushop.com/wp-content/uploads/2023/05/Jaeger-Le-coultre-Lot-72.jpg" alt="" class="wp-image-74170" srcset="https://www.gafencushop.com/wp-content/uploads/2023/05/Jaeger-Le-coultre-Lot-72.jpg 745w, https://www.gafencushop.com/wp-content/uploads/2023/05/Jaeger-Le-coultre-Lot-72-200x200.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2023/05/Jaeger-Le-coultre-Lot-72-100x100.jpg 100w, https://www.gafencushop.com/wp-content/uploads/2023/05/Jaeger-Le-coultre-Lot-72-280x280.jpg 280w" sizes="(max-width: 745px) 100vw, 745px" /></figure></div>


<p>Or also believes the market is readily accessible for the avid watch lover. “Moreover, the international watch market is very mature nowadays. It is easy and convenient to sell a watch and get the money back,” he adds.</p>



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<p>What drives up the value of a watch and makes it collectible depends on numerous factors, according to Or. “It is about the brand, the watch design and style, popularity in the market, production volume, demand in the market, and if there are any stories behind the item. All these criteria support the value of a watch and make it a collectible one.”</p>


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<figure class="aligncenter size-full"><img decoding="async" loading="lazy" width="745" height="745" src="https://www.gafencushop.com/wp-content/uploads/2023/05/genta-Lot-60.jpg" alt="" class="wp-image-74169" srcset="https://www.gafencushop.com/wp-content/uploads/2023/05/genta-Lot-60.jpg 745w, https://www.gafencushop.com/wp-content/uploads/2023/05/genta-Lot-60-200x200.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2023/05/genta-Lot-60-100x100.jpg 100w, https://www.gafencushop.com/wp-content/uploads/2023/05/genta-Lot-60-280x280.jpg 280w" sizes="(max-width: 745px) 100vw, 745px" /></figure></div>


<p><strong>Technical complexity</strong><br>Christie’s Bigler believes the value of some premium watches is derived from their historical significance, reflecting such things as technological advancements and design trends of their time. Some collectors also have an astute appreciation of the painstaking craftsmanship and technical expertise confined to a miniature work of art on the wrist.</p>



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<p>As a case in point, he sees the price-busting Patek Philippe watch as one of the revered manufacturer’s most intricate and impressive creations. “ The reference 6002G seems to effortlessly combine immense mechanical complication with amazing aesthetics and readability,” he says.</p>


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<figure class="aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="1024" src="https://www.gafencushop.com/wp-content/uploads/2023/05/69272691-1024x1024.jpg" alt="" class="wp-image-74166"/></figure></div>


<p>“This inspirational double-face grand complication with hand-made blue cloisonné and champlevé enamel dial was launched in 2013 to replace the first Sky Moon Tourbillon model, reference 5002, launched in 2001 and formerly the most complicated wristwatch in the world.</p>



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<p>“Boasting 12 complications, reference 6002G is housed in an extraordinary sculptural 44mm white-gold case entirely hand-chased and engraved with almost three-dimensional elegant scrolls which takes Patek Philippe’s master craftsmen over 100 hours to achieve,” he says. “In this superlative horological work of art, rare handcraft skills are combined with a mechanical tour-de-force, representing the very highest level of watchmaking and artistry.” Watches such as these will always retain their value. Bugler advises clients to only acquire watches they feel truly passionate about.</p>


Watch Mania – Explaining the desire for the watch masterpiece

<p>The biennial Only Watch Charity Auction has become something of a fixture on the calendars of haute-horology enthusiasts. Now in its ninth iteration, it was founded by Luc Pettavino to raise funds for his charity, the Monaco Association Against Muscular Dystrophy (AMM). The heartbreaking diagnosis of his five-year-old son, Paul, with the Duchenne strain of the disease inspired Pettavino to champion this worthy cause; Paul succumbed to the condition in 2016 at age 21.</p>
<p>Not only do all proceeds from the Only Watch auction go towards research for the neuromuscular disorder (it has raised an eminently worthy 70 million euros since its inception), the exclusive horological event also affords collectors the chance to acquire one-of-a-kind timepieces. This year, the auction featured 53 unique lots crafted by 54 watchmakers, all donated pro bono, which go under the gavel in Geneva on 6 November. Here, we highlight seven particular standouts.</p>
<p><strong>F.P. Journe FCC Blue (CHF 4.5 million)</strong></p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_F.P.-Journe-FCC-Blue-1.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62627" src="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_F.P.-Journe-FCC-Blue-1.png" alt="collectors at the 2021 Only Watch Charity Auction_gafencu_time_watches_F.P. Journe FCC Blue" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_F.P.-Journe-FCC-Blue-1.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_F.P.-Journe-FCC-Blue-1-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_F.P.-Journe-FCC-Blue-1-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_F.P.-Journe-FCC-Blue-1-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_F.P.-Journe-FCC-Blue-1-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_F.P.-Journe-FCC-Blue-1-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_F.P.-Journe-FCC-Blue-1-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>First to the table is F.P. Journe’s unusual FCC Blue, inspired by a conversation with famed US director Francis Ford Coppola, who once asked the watchmaker if it would be possible to tell time using a literal human hand. Seven years later, a mechanical marvel with an automaton-powered blue hand taking place of pride on its open-worked fascia, was born. Each of the five fingers extend or retract to display the hours, while minutes are relayed via a peripheral disc.</p>
<p><strong>David Candaux&nbsp;D. Candaux DC7 Genesis Piece Unique (CHF 150,000)</strong></p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_david_candaux_saturno-1.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62626" src="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_david_candaux_saturno-1.png" alt="collectors at the 2021 Only Watch Charity Auction_gafencu_time_watches_david_candaux_saturno" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_david_candaux_saturno-1.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_david_candaux_saturno-1-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_david_candaux_saturno-1-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_david_candaux_saturno-1-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_david_candaux_saturno-1-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_david_candaux_saturno-1-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_david_candaux_saturno-1-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>Another collaborative effort takes the form of the D. Candaux DC7 Genesis Piece Unique. The joint brainchild of watchmaker David Candaux and contemporary artist Mikki Saturno, this titanium timepiece features a purple bi-planar flying tourbillon at the top of its dazzling dial. The jewel in its crown, however, is undoubtedly the glorious artwork that covers the rest of its face – a miniature design wholly developed and hand-painted by Saturno himself. Interestingly, whether viewed from the front or the rear, the DC7 is among those rare watches that are perfectly symmetrical along the vertical axis.</p>
<p><strong>Krayon&nbsp;Anywhere Only Watch 2021 Edition&nbsp;(CHF 320,000)</strong></p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_krayon-1.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62629" src="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_krayon-1.png" alt="collectors at the 2021 Only Watch Charity Auction_gafencu_time_watches_krayon" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_krayon-1.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_krayon-1-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_krayon-1-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_krayon-1-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_krayon-1-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_krayon-1-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_krayon-1-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>A similarly artistic dial graces the Anywhere Only Watch 2021 Edition by Swiss watchmaker Krayon – in this instance, inspired by Impression, Sunrise by noted impressionist painter Claude Monet, albeit in a mosaic style. Underneath the hood beats a hand-wound prototype calibre C030 movement, and in an impressive engineering feat, the 39mm stainless-steel creation can even be adjusted to calculate the sunrise and sunset times of the winning bidder’s chosen locale.</p>
<p><strong>Jacquet Droz Grande Seconde Skelet-One Tourbillon Only Watch&nbsp;(CHF 200,000)</strong></p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_jacquet_droz-1.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62628" src="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_jacquet_droz-1.png" alt="collectors at the 2021 Only Watch Charity Auction_gafencu_time_watches_jacquet_droz" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_jacquet_droz-1.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_jacquet_droz-1-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_jacquet_droz-1-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_jacquet_droz-1-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_jacquet_droz-1-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_jacquet_droz-1-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_jacquet_droz-1-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>Yet another multihued creation is on offer from Jacquet Droz – the Grande Seconde Skelet-One Tourbillon Only Watch. Rather than comprising a single piece of enamel, its kaleidoscopic plique-à-jour dial is actually a composite of multiple differently coloured and shaped cells, all held in place by gold wire cloisons. Housed in an 18K red-gold case, its Jacquet Droz 2625SQ self-winding movement is enticingly visible through its caseback.</p>
<p><strong>Zenith&nbsp;Defy Double Tourbillon Felipe Pantone Unique Piece for Only Watch (CHF 480,000)</strong></p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_zenith-1.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62632" src="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_zenith-1.png" alt="collectors at the 2021 Only Watch Charity Auction_gafencu_time_watches_zenith" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_zenith-1.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_zenith-1-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_zenith-1-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_zenith-1-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_zenith-1-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_zenith-1-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_zenith-1-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>Taking the rainbow motif to new heights is the Defy Double Tourbillon Felipe Pantone Unique Piece for Only Watch by Zenith. Housing an El Primero 9020 movement, rainbow PVD coats its bridges and watch hands, and the hour markers are burnished in a special rainbow varnish. This unique 46mm sapphire-crystal creation also comes with a special Felipe Pantone watch box autographed by the artist.</p>
<p><strong>MB&amp;F HM10 Panda Only Watch (CHF 620,000)</strong></p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_MBF_Panda_Only-1.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62630" src="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_MBF_Panda_Only-1.png" alt="collectors at the 2021 Only Watch Charity Auction_gafencu_time_watches_MB&amp;F_Panda_Only" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_MBF_Panda_Only-1.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_MBF_Panda_Only-1-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_MBF_Panda_Only-1-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_MBF_Panda_Only-1-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_MBF_Panda_Only-1-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_MBF_Panda_Only-1-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_MBF_Panda_Only-1-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>Taking inspiration from the fauna of Planet Earth, meanwhile, is independent label MB&amp;F’s HM10 Panda Only Watch, which, as its name implies, boasts a case contoured to mimic the bamboo-eating mammal. Powered by an in-house HM10 calibre movement, the two black eyes are inhabited by aluminium time-displays, while the teeth indicate the power reserve. Its top is coated with black and white lacquer reminiscent of the animal’s fur coat, while a matching strap completes its panda appeal.</p>
<p><strong>Richard Mille RM 67-02 Charles Leclerc Prototype&nbsp;(CHF 2.1 million)</strong></p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_richard_mille-1.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62631" src="//www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_richard_mille-1.png" alt="collectors at the 2021 Only Watch Charity Auction_gafencu_time_watches_richard_mille" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_richard_mille-1.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_richard_mille-1-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_richard_mille-1-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_richard_mille-1-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_richard_mille-1-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_richard_mille-1-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/collectors-at-the-2021-Only-Watch-Charity-Auction_gafencu_time_watches_richard_mille-1-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>Finally, there’s Richard Mille’s RM 67-02 Charles Leclerc Prototype. Named after the eponymous F1 racing driver, the timepiece proudly sports his red and white colours, as evidenced by the white and red Quartz TPT case, a proprietary composite materials that is particularly shock resistant. Fitted with a calibre CRMA7 movement and its lightest straps ever, this innovative watch packs a visual punch without ever weighing down the wrist.</p>
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<h6><em>(Text: Tenzing Thondup Photos: Only Watch Charity Auction)</em></h6>


collectors at the 2021 Only Watch Charity Auction_gafencu_time_watches

Seven standout timepieces from the 2021 Only Watch Charity Auction

<div>The world is undeniably in a state of Covid-19 chaos, with growing unemployment, a spiraling death rate, and no vaccine on the immediate horizon all contributing to depressed economies across the globe, with the retail industry particularly hard-hit by ongoing lockdowns and social distancing measures.</div>
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<div><a href="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-8.jpg"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-53257" src="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-8.jpg" alt="Only Watch Charity Auction" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-8.jpg 700w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-8-200x133.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-8-421x280.jpg 421w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-8-120x80.jpg 120w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-8-500x333.jpg 500w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-8-400x266.jpg 400w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-8-600x399.jpg 600w" sizes="(max-width: 700px) 100vw, 700px" /></a>&nbsp;</div>
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<p>But while retailers across the world shutter their doors or open them only to serve a disappointing trickle of customers, auction houses have become virtual one-stop shopping destinations for people buying luxury goods across all categories, thanks to Zoom previews, online video condition reports, and easy online bidding. One particularly hot category is luxury watches – an industry that in 2018 was valued at some US$6.93 billion – and an equally hot destination is Hong Kong.</p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-12.jpg"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-53261" src="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-12.jpg" alt="Time to shine Hong Kong's incomparable luxury watch auction scene gafencu magazine watches (12)" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-12.jpg 700w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-12-200x133.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-12-421x280.jpg 421w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-12-120x80.jpg 120w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-12-500x333.jpg 500w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-12-400x266.jpg 400w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-12-600x399.jpg 600w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>In truth, Asia’s World City has long held pole position as the world’s biggest luxury watch market, despite boasting just seven million souls. Indeed, the SAR’s insatiable appetite for high-end timepieces has seen the city beat out the USA, Germany and even Switzerland – home of many haute horology labels – to achieve its market leader status.&nbsp;</p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-2.jpg"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-53251" src="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-2.jpg" alt="Time to shine Hong Kong's incomparable luxury watch auction scene gafencu magazine watches (3)" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-2.jpg 700w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-2-200x133.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-2-421x280.jpg 421w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-2-120x80.jpg 120w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-2-500x333.jpg 500w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-2-400x266.jpg 400w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-2-600x399.jpg 600w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>Hong Kong’s love affair with timepieces stretches back to the 16th century, when Jesuit missionaries first introduced such chronological accessories to the region. Across the intervening centuries, it has in turns been a manufacturer and exporter of watch parts, a hub for watch assembly factories, and finally, at the dawn of the 21st century, as a shopping destination for discerning timepiece enthusiasts.&nbsp;</p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-10.jpg"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-53259" src="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-10.jpg" alt="Time to shine Hong Kong's incomparable luxury watch auction scene gafencu magazine watches (10)" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-10.jpg 700w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-10-200x133.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-10-421x280.jpg 421w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-10-120x80.jpg 120w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-10-500x333.jpg 500w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-10-400x266.jpg 400w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-10-600x399.jpg 600w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>The past decade has also seen the SAR transform into a huge auction hotspot for the&nbsp;sale of rare luxury timepieces, with leading auction houses like Sotheby’s, Christie’s, Bonhams and Antiquorum all hosting multi-million-dollar auctions in the city. What has resulted is a slew of ultra exclusive – sometimes even unique – watches going under the gavel for astronomical prices and setting new records.&nbsp;</p>
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<p><a href="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches.jpg"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-53263" src="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches.jpg" alt="Time to shine Hong Kong's incomparable luxury watch auction scene gafencu magazine watches" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches.jpg 700w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-200x133.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-421x280.jpg 421w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-120x80.jpg 120w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-500x333.jpg 500w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-400x266.jpg 400w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-600x399.jpg 600w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
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<p>In July alone, Sotheby’s Hong Kong sold a&nbsp;<i>Rolex Daytona “John Player Special” Ref. 6264&nbsp;</i>for more than US$1.5 million, a record price for that model, and Christie’s sold a rare&nbsp;<i>Patek Philippe Ref. 5033</i>&nbsp;minute repeater for US$1.95 million. In June, Phillips, in association with Bacs &amp; Russo, drew US$3.6 million for a&nbsp;<i>Patek Philippe Ref. 1518&nbsp;</i>from the collection of watch industry titan, Jean-Claude Biver. Sotheby’s further made headlines that same month by breaking a record it held since 2018 for most expensive modern Rolex ever sold. The lot was a platinum&nbsp;<i>Rolex Daytona ‘Zenith’&nbsp;</i>– a one-off creation featuring a Lapiz Lazuli dial – which went under the hammer at HK$25.3 million, five times its estimate.</p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-9.jpg"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-53258" src="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-9.jpg" alt="Only Watch Charity Auction" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-9.jpg 700w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-9-200x133.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-9-421x280.jpg 421w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-9-120x80.jpg 120w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-9-500x333.jpg 500w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-9-400x266.jpg 400w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-9-600x399.jpg 600w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>Christie’s Hong Kong’s decision to differentiate it from the rest of the pack by offering it with its very own “The Masterpiece” sale led to a momentous occasion that birthed a&nbsp;new holder for the most expensive wristwatch ever sold in Asia at the auction house&#8217;s Autumn Auctions 2019,&nbsp;where the very first day of proceedings saw a rare 66-year-old pink gold 1953&nbsp;<i>Patek Philippe Ref. 2523&nbsp;</i>wristwatch getting sold for HK$70.2m,&nbsp; smashing last year’s record for the most expensive wristwatch sold at auction in Asia.</p>
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<p style="text-align: center;"><i>&#8220;Hong Kong has been the world’s biggest watch market for over a decade”</i></p>
</blockquote>
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<div>Despite the coronavirus pandemic – as well as stiff competition from other auction hotspots like Geneva, New York and London – Hong Kong’s reputation for being a true haute horology hub shows no signs of abating. Take, for instance, the November 30 “<i>Ruby Collection</i>” auction, a Hong Kong sale of Patek Philippes from an esteemed single-owner private collection, highlighted by a pair of possibly unique (no one has ever seen them before) models: a perpetual calendar and minute repeater/tourbillon, both with ruby hour markers and estimated to sell for less than US$1 million each. The collection also includes astronomical watches, including the ultra-complicated&nbsp;<i>Sky Moon Tourbillon Ref. 5002</i>, with 12 complications, estimated to fetch from US$1 million to US$1.5 million.&nbsp;</div>
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<a href="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-5.jpg"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-53254" src="//www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-5.jpg" alt="Time to shine Hong Kong's incomparable luxury watch auction scene gafencu magazine watches (5)" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-5.jpg 700w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-5-200x133.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-5-421x280.jpg 421w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-5-120x80.jpg 120w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-5-500x333.jpg 500w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-5-400x266.jpg 400w, https://www.gafencushop.com/wp-content/uploads/2020/10/Time-to-shine-Hong-Kongs-incomparable-luxury-watch-auction-scene-gafencu-magazine-watches-5-600x399.jpg 600w" sizes="(max-width: 700px) 100vw, 700px" /></a></div>
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<p>&nbsp;</p>
<p>With countless luxury watch auction records set in the past year in Hong Kong, and with so many upcoming events to further enhance its reputation, it seems that neither its recent troubles or the coronavirus pandemic can even dent Asia’s World City’s reputation as one of the go-to auction hubs for discerning watch collectors seeking rare, otherwise unfindable statement timepieces of yesteryears.&nbsp;</p>
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Time to shine Hong Kong's incomparable luxury watch auction scene gafencu magazine watches feature

Tag: watch auction

Timeless Luxury: The Top Five Most Opulent Watches of 2023

Watch Mania – Explaining the desire for the watch masterpiece

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Time to shine: Hong Kong’s incomparable luxury watch auction scene

Tag: watch auction

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Timeless Luxury: The Top Five Most Opulent Watches of 2023

Watch Mania – Explaining the desire for the watch masterpiece

Seven standout timepieces from the 2021 Only Watch Charity Auction

Time to shine: Hong Kong’s incomparable luxury watch auction scene