Previously Unknown Patek Philippe Smashes its Estimate at Auction | Sotheby's

Yesterday’s Important Watches auction at #sothebysnewyork was highlighted by an exceptional selection of masterpieces from Patek Philippe – watch the hammer drop on one of these pieces, a highly collectable ref 846 made in 1914 and retailed by Tiffany & Co. Fresh to market and previously unknown, the yellow gold minute-repeating open face watch was chased by 6 bidders to sell for $209,550, over 4X its high estimate.