Breaking News: Four of Jean-Claude Biver’s Patek Philippe watches fetch $ 8.76 million at Phillips auction in Geneva

And finally, we have the last batch on sale this weekend: the Platinum reference. 1579 chronograph with spider ears. As lot 214 it obtained a final price of $ 2.05 million (CHF 1.94 million). This watch is kind of a perfect storm: it is an old Patek chronograph, it is a unique watch (only three were made, all with different dials), it is platinum, it is in perfect condition, honest, and comes from Mr. Biver’s collection. You really can’t ask for much more than that. To think about what was happening in the world in 1946, in the aftermath of World War II, and to think that Patek thought of making this superlative watch totally forgiving is insane. With that in mind, a $ 2.05 million result is obviously nothing to scoff at, but it’s worth noting that the last time a 1579 platinum was sold publicly, at Christie’s in 2012, it ordered CHF 1,539,000. The last time is 1,579 sold, at Christie’s in 2011, sold for CHF 1,987,000. So this is technically an increase in value, although I expected the bid to go up a bit more.