Last Emperor of China's Watch Sells for Record $6.2 Mln in Hong Kong Auction
A watch that was once owned by the last emperor of China's Qing Dynasty, whose life formed the basis of the Oscar-winning film "The Last Emperor," sold for a record HK$49 million ($6.2 million) at a Hong Kong auction on Tuesday. An Asian collector residing in Hong Kong calling on the phone bought the rare Patek Philippe watch that had belonged to Aisin-Gioro Puyi, according to the auction house. The hammer price, which excludes the buyer's premium fee, was HK$40 million ($5.1 million).