TIME IS BIG MONEY AT WATCH AUCTION

Oct 15, 2012

By Bob Komsic

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A rare Patek Philippe watch was expected to go for $300-thousand yesterday at auction in Toronto.

It sold for $85-thousand less to someone from the U.S.

Though the feature watch did not bring in what was expected, most of the 73 watches on the block sold for more than what was listed.

Two other Patek Philippes sold for  $95,000 and $100,000, nowhere near the record price two years ago when a Patek was sold at auction for $5.6-million.

 

 

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