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The latest Perpetual boutique comes to The Pedder Arcade — a new retail concept in Hong Kong’s Central district that reimagines the fifth floor of the iconic Pedder Building as a modern shopping destination.

News and Results

  • 2

    2 July 2024

    Phillips Presents an Exhibition in Tokyo This July Coinciding with Tokyo Gendai

    Showing at Phillips Tokyo in the Piramide Building in Roppongi from 2-16 July, the exhibition features auction highlights from an Important Japanese Collection of Photographs alongside selected timepieces from a thematic auction dedicated to the Japanese watch collecting world. 

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  • 27

    27 June 2024

    Phillips in Association with Bacs & Russo Announces TOKI(刻), a Special Themed Sale Dedicated to the Japanese Watch Collecting World

    Taking place in Hong Kong this November, the sale will be held at Phillips’ Asia headquarters in the West Kowloon Cultural District alongside the Hong Kong Watch Auction XIX.
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  • 9

    9 June 2024

    Phillips’ New York Watch Auction: X Achieves Market-Leading $23.4 Million Result

    Sale Led by Philippe Dufour’s Duality at $2.1 Million, One of Only Nine Examples Made

    Unique Mystery Clock, an Ultimate Creation of Cartier, Achieves Over $1 Million, Appearing at Auction for the First Time in Over Three Decades

    “White Glove” Auction Marks Three and a Half Years of 100%-Sold Watch Sales at Phillips New York

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News and Results

Watches Department

Phillips in Association with Bacs & Russo is the watch department at Phillips auction house, dedicated exclusively to the world's finest collectors' watches. Launched in November 2014 by Aurel Bacs and his partner, Livia Russo, the department was established in response to the ever-increasing need for today's collectors to easily access scholarship, guidance and quality across the board. The team of specialists at Phillips Watches is dedicated to an uncompromised approach to quality, transparency and client service. With multiple world records, Phillips has become the undisputed worldwide market leader, and in 2019, the auction house opened Phillips PERPETUAL, a private treaty program with physical and digital storefronts that offers a highly curated selection of watches sold at fixed prices. In its first year PERPETUAL has achieved more than £5M in sales. 

Notable results include :

1. Rolex reference 6239, Paul Newman's "Paul Newman" Rolex Daytona (US $17,752,500) – WINNING ICONS, in New York – 26 October 2017. Highest result ever achieved for a Rolex wristwatch.

2. Patek Philippe, Reference 1518 in stainless steel (11,002,000 CHF) – The Geneva Watch Auction FOUR – 12 November 2016. Highest result ever achieved for a Patek Phillipe wristwatch at auction.

3. Roger Smith, Pocket Watch No. 2 (4,900,000 USD) - The New York Watch Auction : EIGHT – 10 & 11 June. Highest result ever ahcieved by a British made watch. 

4. Rolex "Bao Dai" reference 6062 (5,066,000 CHF) – The Geneva Watch Auction: FIVE – 14 May 2017.

5. Patek Philippe ref. 2523 in pink gold (3,722,000 CHF) – The Geneva Watch Auction: XII – Nov 6-7 2020. Highest result ever achieved for a watch sold to an online bidder


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