Wonder if Lugar will bid. "Part art part science".
Swiss watch to sell for millions
by WKRC
"The Asprey", a legendary vintage Patek Philippe watch, will go on the auction block next week in Geneva, where it could fetch $2 million to $4 million, Sotheby's said on Wednesday. (Reuters/CBS Newspath)
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GENEVA, Switzerland (WKRC/Reuters/CBS Newspath) - "The Asprey", a legendary vintage Patek Philippe watch, will go on the auction block next week in Geneva, where it could fetch $2 million to $4 million, Sotheby's said on Wednesday.
Made in 1952 and sold four years later, the Swiss luxury wristwatch is the star lot among 250 watches and pocket watches on offer at Tuesday evening's sale.
"This particular watch was first on the market in 2006 and sold by Sotheby's in Geneva for 2.2 million Francs ($2.21 million), which made it the world record price for this particular reference," said Sam Hines, Global Head of Sotheby's Watch Division. "And since then, it's become a sort of legendary watch amongst collectors and the watch community."
The original owner, whose initials, R.C. are engraved on the back of the watch's yellow gold case, probably received it for his 21st birthday. But has not been identified, the auction house said.
The $2.21 million was a record for the reference at the time, Sotheby's said. Worn on a brown leather strap, it offers the day and date, a stop watch and phases of the moon.
"The watch is a perpetual calendar chronograph and it is unique in that it was retailed by the famous London retailer Asprey," said Hines. "The watch is in pristine condition, it has never been polished and it is the greatest quality one can find."