Luxury watch company Rare Watching Holdings’ January sale generated buzz, selling a Patek Philippe for $3.2M and exceeding $20M in total sales.
Luxury watch company Rare Watching Holdings hosted an exclusive watch sale in January that created a buzz in the high net worth community. The sale required clients to hold at least a million dollars in watches or show a seven-figure net worth, attracting some of the most elite collectors in the market. The event was a resounding success, with the company’s sales exceeding 20 million dollars for the month of January.
The most talked-about item sold in the January auction was a Patek Philippe Tiffany & Co. watch, which fetched a record-breaking price of 3.2 million dollars before taxes. The buyer, only known as Sir Snow, is rumored to be a crypto whale, adding to the mystique surrounding this particular sale. The Patek Philippe Tiffany & Co. watch is an incredibly rare piece, and it’s no wonder that it fetched such a high price.
In addition to the Patek Philippe Tiffany & Co. watch, Rare Watching Holdings also sold a Richard Mille Felipe Massa watch for an undisclosed amount and sold a Audemars Piguet Royal Oak Perpetual Calendar and a Patek Philippe Nautilus 40th anniversary to the same buyer- Sir Snow. The Richard Mille brand is known for its ultra-high-end timepieces, and the Felipe Massa is no exception.
According to a spokesperson for Rare Watching Holdings, the company’s sales in the month of January exceeded 20 million dollars, a significant amount of revenue for a company specializing in luxury watches. This is a testament to the fact that there is still a strong market for high-end luxury goods, even in the midst of a global pandemic.
Rumors have been circulating that Rare Watching Holdings is planning to open a new shop to the public in the coming months. If this is true, it would be an exciting development for luxury watch enthusiasts who have been eager to get a glimpse of the company’s collection. It would also be a sign that the luxury market is continuing to thrive, despite the challenges posed by the current economic climate.
About Rare Watching Holdings
Rare Watching Holdings is a company that specializes in luxury watches and has a clientele made up of high net worth individuals. They recently hosted a successful watch sale in January, generating significant revenue and selling a rare Patek Philippe watch for a record-breaking price with the Patek Philippe Tiffany & Co. watch selling for a record-breaking 3.2 million dollars before taxes. The company’s total sales for the month exceeded 20 million dollars, a strong indication that the luxury market is still going strong. It will be interesting to see what Rare Watching Holdings has in store for the future, particularly if the rumors about a new public shop turn out to be true.
Media Contact
Company Name: Rare Watch Holdings
Contact Person: Daniel Miller
Email: Send Email
Country: United States
Website: www.rarewatchholdings.org