Article of the week
The New Patek Philippe Twenty~4 7340/1R Perpetual Calendar

Introduced in 1999, the Twenty~4 collection was Patek Philippe’s first dedicated line of feminine timepieces. The original model featured an Art Deco-inspired manchette (cuff) design, but in 2018, the brand unveiled the Twenty~4 Automatic, which is a round-cased iteration powered by an automatic movement. This year, Patek Philippe elevates the collection further by introducing a perpetual calendar complication, marking the collection's debut in the realm of Grand Complications.
Crafted entirely in 18K rose gold, the watch features a 36mm case with a slender profile of just 9.95mm, making it sit gracefully on the wrist. The case is meticulously finished with a combination of polished and brushed surfaces, enhancing its refined aesthetic. Two dial options are available. The Ref. 7340/1R-001 features a silvery opaline dial with a vertical satin finish, evoking the texture of shantung silk that feature irregular texture, while the Ref. 7340/1R-010 presents an olive green sunburst dial for a more contemporary appeal.

Auction Phillips in Association with Bacs & Russo Announces TOKI(刻)

The first auction dedicated specifically to Japanese watch collecting

Phillips in Association with Bacs & Russo is thrilled to announce “TOKI(刻),” the first-ever thematic auction dedicated to the Japanese watch collecting world. “TOKI(刻),” meaning "time" in Japanese, will take place in Hong Kong this November at Phillips’ Asia headquarters in the West Kowloon Cultural District, alongside the Hong Kong Watch Auction XIX. Highlights from the previous Hong Kong Watch Auction XVIII can also be explored.

The “TOKI(刻)” thematic sale will feature significant watches by leading global brands made exclusively for the Japanese market, timepieces previously owned by discerning Japanese collectors, and unique pieces created by renowned Japanese independent watchmakers, such as Naoya Hida and Hajime Asaoka. This auction pays tribute to one of the world's most historically significant watch markets.

For this special event, Phillips is excited to partner with HODINKEE Japan, leveraging their deep insights into the Japanese watch market to provide informative reviews of notable timepieces featured in the sale.

Early highlights from the auction include an Omega Speedmaster Apollo XI 25th Anniversary, sold in Japan with the luxury department store Takashimaya’s stamp, and a never-worn Rolex Cosmograph Daytona purchased from Matsuzakaya, a historical department store chain in Japan. These highlights will be showcased in touring exhibitions and appraisal sessions in Tokyo, Nagoya, and Osaka throughout July.

Phillips started this year by breaking records at the XIX Geneva Auction, the maison's first fair of the year. Watch our top five picks from the event in this video featuring Alexandre Ghotbi, Deputy Chairman, Head of Watches Europe and the Middle East at Phillips.

Following the record-breaking auction in Geneva, the Hong Kong auction saw Cartier’s La Pendule Magnétique Water Clock set new records. We eagerly anticipate what Phillips will unveil in the coming days.

 

For more information please visit Phillips official website. 


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