The story behind this Patek Philippe watch is as captivating as its price tag. ⌚ watchcollectors PatekPhilippe
It’s unclear when Puyi, who ruled over China from 1908 to 1912, acquired this particular example, but it is known that he wore it throughout a five-year stint in a Siberian prison following World War II. During the war, he had served as the leader of the Japanese puppet state of Manchuko and was captured by the Soviets after Japanese forces surrendered in 1945.
Phillips had high hopes for the imperial Ref. 96 Quantieme Lune. There was good reason for this, because one of the other two silvered-dial examples sold for $2 million in 2002. Still, we imagine the auction house was surprised to see the final gavel price come in at more than double the watch’s $3 million pre-sale estimate.
The timepiece wasn’t the only related item that beat expectations during the auction. A red fan and notebook owned by Puyi sold for well over their estimates as well. The auction as a whole realized $6.6 million.
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