Thursday, October 28, 2010

$312,00 FOR A WATCH?

   "Purists prefer Patek Philippe, says Vanessa Herrera, deputy director for Sotheby's Asia watch department. Every time 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." (Wall Street Journal, 18 October) RD

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