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What makes Patek Philippe a collector’s favourite Treasured by collectors because of their scarcity, design, and investment value, eight of the top 10 watches sold in 2020 by Christie’s, in terms of price, were Patek Philippe. Apr 24, 2021 Next month, on May 22 to be precise, watch collectors from across the globe will enter into an epic battle for that most prized-possession—a rare Patek Philippe watch. At the Important Watches auction in Hong Kong, which is being dubbed as the Auction of the Decade, Christie’s is presenting a prototype example of a Patek Philippe ref. 3448J perpetual calendar 18k gold wristwatch that belonged to Alan Banbery, the previous curator of the Patek Philippe Museum and also the author of the Patek Philippe book. The watch, which comes endowed with immense history (it was gifted by Patek Philippe owners, Henri and Philippe Stern, in 1975 to Banbery) is estimated to cost a jaw-dropping $3.2 million to $5 million.

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