Patek Philippe Ref. 2499 sold

The Patek Philippe Ref. 2499 is a highly sought-after timepiece known for its intricate design and craftsmanship. This particular model, featuring a unique pink-gold case and a rare signature from Gobbi, a renowned Milan watch dealer, has garnered significant attention in the watch collecting community. The sale of this watch at Sotheby's in Hong Kong marked a pivotal moment in the luxury watch market, as it achieved a record price of $7.68 million (HKD 60,265,000). This sale not only highlighted the increasing value of rare timepieces but also underscored the growing interest in vintage watches among collectors and investors alike. The Ref. 2499 is celebrated for its perpetual calendar and chronograph functions, making it a technical marvel in the world of horology. The combination of its rarity and historical significance contributed to its record-breaking auction price, reflecting the evolving dynamics of the luxury watch market.