Phillips Auction House sets £7.7m auction record for wristwatch with rare Patek Philippe

Phillips set a record price for a wristwatch sold at auction over the weekend when a Patek Philippe Reference 1518 was knocked down for SFr9.6m (£7.7m).

The watch was one of three 1518 models sold separately during the two-day sale on November 12-13. Th…

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