The Patek Philippe Caliber 89 was famous as the most sophisticated watch in the world for more than 25 years, and it is still the most complicated Patek Philippe replica ever made. It measures 88.2mm in diameter, weights around 2.4 lbs, and features 33 complications. Only four were made, one each in yellow gold, pink gold, white gold, and in platinum, and at the moment, the yellow gold version is having a very hard time finding a new home. We went hands-on with this momentous watch when the owner decided to consign the watch through Christie’s last year. Despite interest from onlookers in the room, the watch ultimately did not meet its reserve and once again finds itself going back home to a reluctant owner, who is going to find it increasingly difficult to part with it unless he accepts a much lower price for the watch.
The Rolex watch cost a not, it is not like replica rolex, making it the most expensive Rolex ever sold at auction. The watch sold as lot 93 of today’s Phillips Geneva Watch Auction: Five, setting the new world record (as everyone expected).
This unique rolex is unique for a number of reasons. It is the only known example of the Rolex with a black dial and diamond indexes, and it belonged to the last emperor of Vietnam, who was quite the character. Many expected it to break the previous Rolex record (held by a split-seconds chronograph ref. 4113 sold by Phillips just 12 months ago), but the Bao Dai smashed past the CHF 2.5 million mark right from the start, and the only unknown left was how far collectors would go for this replica watch.
The result means the Bao Dai reclaims a record which it set in 2002. In other words, the value of this watch is 21 times what it was 15 years ago. That’s really pretty insane. Be sure to read Louis’s in-depth report on this watch here, and stay tuned for more reports live from the Geneva auctions all weekend and into Monday.