A DECADE OF EXCELLENCE:
PHILLIPS IN ASSOCIATION WITH BACS & RUSSO PRESENTS THE HONG KONG WATCH AUCTION: XXI
Vintage and Highly Complicated Patek Philippe Timepieces Lead the 21–23 November Sale, Presented Alongside Three Distinguished Private Collections

HONG KONG – 8 October 2025 – Phillips in Association with Bacs & Russo will present The Hong Kong Watch Auction: XXI from 21–23 November at Phillips’ Asia headquarters in the West Kowloon Cultural District, celebrating the 10th anniversary of both the Watch Department and Phillips in Asia. Featuring over 300 lots, the sale ranks among the company’s highest‑estimated various‑owner watch auctions ever held in Hong Kong. Leading the highlights are highly complicated and exceptionally rare vintage Patek Philippe wristwatches, including the platinum Sky Moon Tourbillon ref. 5002 and a yellow gold ref. 2499/100 “MK I.” Complementing these are masterpieces from renowned maisons and independent watchmakers, as well as three distinguished private collections: A Connoisseur’s Journey, A Gentleman’s Collection, and Ernst Schuster’s Collection.
Thomas Perazzi, Head of Watches, Asia, and Gertrude Wong, Head of Sale, jointly said, "In December 2015, Phillips entered the Asian market with our inaugural watch auction in Hong Kong, achieving the highest price ever realized for a watch at auction in the region at that time. Since then, Phillips has established itself as a leading force in the industry in Asia. Over the past decade, we have celebrated numerous milestones, presenting some of the most extraordinary timepieces ever sold—from the Patek Philippe once owned by the last Emperor of the Qing Dynasty to the historically significant, one-of-a-kind Cartier ‘La Pendule Magnétique’ Water Clock. Each piece offered in our auctions represents a remarkable collectible of enduring value. This season’s sale will showcase an exceptional selection of collectible timepieces, ranging from wristwatches by the world’s most iconic maisons and visionary independent watchmakers to vintage pocket watches of historical importance. As we celebrate a decade of accomplishments in the region, we extend our heartfelt gratitude to the watch community and collectors for their unwavering support. We look forward to welcoming you to our touring previews and to the auction in Hong Kong."
Please download the PDF for the full press release.