Business · Companies · 2 hrs ago
Patek Philippe Ref. 2499 to return to auction after 37 years
Phillips will hold its Hong Kong watch auction on November 21 and 22 at its Asia headquarters in the West Kowloon Cultural District.
The sale is built around Patek Philippe watches and includes a yellow-gold Ref.
2499, a perpetual-calendar chronograph.
The Ref.
2499 is appearing at auction for the first time in 37 years, according to Phillips.
The auction will also feature a pink-gold Patek Philippe Ref.
1518, described as the first mass-produced perpetual-calendar chronograph.
A one-of-a-kind Cartier Crash made through the brand’s New Special Order program is also among the lots.
Other offerings include a Rolex Daytona being auctioned for the first time and a Royal Oak Concept tourbillon made with artist KAWS.
Phillips says the sale has its highest combined pre-sale estimates of any watch auction it has held in Hong Kong; the auction takes place on November 21 and 22.
Phillips will hold The Hong Kong Watch Auction: XXIII on November 21–22, featuring a Patek Philippe Ref. 2499 first series.
The yellow-gold watch, fitted with a Wenger case, is being offered at auction for the first time in 37 years.
Phillips said the watch and dial are in good condition.
Other featured lots include a pink-gold Patek Philippe Ref. 1518 and a one-off Cartier Crash.
Phillips said the auction has the highest total pre-sale estimate of any watch auction it has held in Hong Kong.
- Who
- Phillips, together with Bacs & Russo, is holding the auction.
- What
- The Hong Kong Watch Auction: XXIII includes a Patek Philippe Ref. 2499 first series returning to auction after 37 years.
- When
- November 21–22, 2026.
- Where
- Phillips’ Asia headquarters in the West Kowloon Cultural District, Hong Kong.
- Why
- Not stated
This story does not have two clearly opposing sides.
Phillips announced that The Hong Kong Watch Auction: XXIII would be held on November 21–22.
Phillips is scheduled to hold the auction in Hong Kong, including the Ref. 2499 being offered at auction for the first time in 37 years.
- Auction
- The Hong Kong Watch Auction: XXIII
- Auction dates
- November 21–22, 2026
- Auction venue
- Phillips’ Asia headquarters, West Kowloon Cultural District, Hong Kong
- Featured watch
- Yellow-gold Patek Philippe Ref. 2499 first series with a Wenger case
- Return to auction
- First time in 37 years
- Other featured lots
- Pink-gold Patek Philippe Ref. 1518; one-off Cartier Crash
What people are saying
This auction has the highest total pre-sale estimate of any watch auction Phillips has held in Hong Kong