King Farouk’s stunning personalized Patek Philippe wristwatch will be stealing the spotlight at Christie’s Dubai auction in March, with a pre-sale estimate value of $400,000 – 800,000. Every year, Christie’s gathers watch connoisseurs from around the world to showcase exclusive masterpieces during its Dubai Watch Auction. In March, the personalized Patek Philippe Reference 1518 watch, which was originally owned by King Farouk of Egypt, will be up for sale at the auction house. Designer Patek Philippe launched the ‘Reference 1518’ model back in 1941 and it is said that only 281 pieces were ever created. According to Christie’s, increased interest in vintage watches coupled with participation from collectors from the Middle East have seen the auction company’s watch auctions grow considerably in recent years.
Source: Egypt Independent February 15, 2018 11:59 UTC