A rare Patek Philippe Ref. 1518 watch, a model of which the auction house Phillips sold for US$3.6 million in June. A rare Patek Philippe Ref. 1518 watch, a model of which the auction house Phillips sold for US$3.6 million in June.
A rare Patek Philippe Ref. 1518 watch, a model of which the auction house Phillips sold for US$3.6 million in June.

Rare Rolex, Patek Philippe and other ‘grail’ watches see sales surge as millennials hit virtual auctions for their luxury shopping fix

  • Amid the pandemic, auction houses have become virtual one-stop shopping destinations for people buying luxury goods, with watches especially popular
  • Sotheby’s reported last week that 30 per cent of all its bidders are now under 40, highlighting a growing climate of younger auction clients bidding online

Topic |   Auctions
A rare Patek Philippe Ref. 1518 watch, a model of which the auction house Phillips sold for US$3.6 million in June. A rare Patek Philippe Ref. 1518 watch, a model of which the auction house Phillips sold for US$3.6 million in June.
A rare Patek Philippe Ref. 1518 watch, a model of which the auction house Phillips sold for US$3.6 million in June.
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