PHILLIPS Watches in Association with Bacs and Russo embarked on a remarkable 9-day journey across China in the beginning of the auspicious Year of the Dragon 2024 by holding events in Shanghai, Chengdu and Beijing.


One of only three known to exist, The Imperial Patek was sold by PHILLIPS watches in Association with Bacs and Russo for a record 48.8M HKD in Hong Kong May 2023, the highest amount ever paid at auction, for a watch previously owned by an Emperor.
Shanghai: A Grand Start to the Series
PHILLIPS watches in Association with Bacs and Russo was proud to invite Mr. Wang, a distinguished researcher from the Research Institute of the Palace Museum of Manchurian Regime, who has dedicated his whole life to the study of Puyi and Mr. Perazzi, Deputy Chairman of PHILLIPS, Head of Watches Asia, who was the auctioneer that sold the esteemed Imperial Patek.

Both guests shared their profound knowledge and insights, shedding light on the historical significance of the watch. The audience was captivated as both guests shared anecdotes and untold stories about Puyi and his connection with the timepiece.
The panel discussion attracted many distinguished collectors, watch enthusiasts, and those interested to enrich their appreciation of Chinese history.
Chengdu: A Landmark Debut for Phillips Watches
Phillips Watches tour continued its journey to Chengdu, marking a significant milestone for the auction house’s foray into the vibrant city, known as the cultural and economic capital of Western China.

The visit opens up a new market and showcased the city’s growing appreciation for fine watches and craftsmanship. The PHILLIPS watches commitment to expanding its presence in Chengdu was met with enthusiasm and excitement from both local collectors, cementing its reputation as a global leader in the auction industry.
Beijing: A Grand Finale to the New Year Festivities
The final leg of the Phillips auction tour took place in Beijing, the cultural and political heart of China. The city’s rich history and status made it a fitting choice for the grand finale of the New Year’s festivities.

The panel discussion in Beijing once again brought together distinguished collectors where Mr Wang’s and Mr Perazzi’s presence was added depth and authenticity to the event as he shared his research and insights into Puyi’s life and the historical significance of The Imperial Patek.
Phillips watches events held in Shanghai, Chengdu and Beijing were a testament to the auction house’s commitment to preserving and celebrating Chinese heritage.

As the Year of the Dragon unfolds, these events not only showcase Phillips watches expertise in the field but also serve as a platform for collectors and enthusiasts to connect with the rich cultural heritage of China. The successful debut in Chengdu marked a significant milestone for Phillips Watches, highlighting its growing presence in China’s emerging watch markets.