Rare Patek Phillipe going up for auction

A rare minute repeating Patek Philippe watch is to go under the hammer at Antiqorum Auctioneers on the 10th of March this year.

The watch is said to be in immaculate condition and its authenticity has been confirmed by Patek Philippe as being a minute repeating watch which was made in 1946 with a special movement and a large crown.

Cartier have also provided a certificate of authenticity to validate that the unique Patek Philippe watch which is made from 18 carat gold was sold by Cartier in New York.

Prospective buyers will be able to view the watch at auction previews in Shanghai, LA, New York and Hong Kong.

The watch has been submitted to auction by the family of the owner who is said to have been a businessman from New York.

There have only been 5 other known examples of a Patek Philippe minute repeating watch, making it one of the rarest timepieces in the world. Charles Teale the Watch Director of Antiquorum described the piece as 'highly desirable'

The auction estimate is between $300,000 - $500,000 US dollars.