The latest "event" in the watch world comes from Patek Philippe and Tiffany, which was acquired by LVMH this year. The two companies were established in 1839 and 1837 respectively, and began to cooperate in 1851. To celebrate the 170th anniversary, the two sides jointly launched the Nautilus Ref.5711/1A-018 joint watch. The watch features a stainless steel case with a Tiffany blue dial and is limited to 170 pieces. Phillips, in conjunction with Bacs & Russo, offered the first, pre-sale estimate of $50,000. The mere mention of the Nautilus was enough to send collectors into a frenzy, especially after Patek Philippe announced the discontinuation of the Ref.5711/1A steel watch. Coupled with the surge in public interest in watch auctions, which have totaled more than 500 million Swiss francs since January, it’s no surprise that the Patek Philippe and Tiffany watch fetched a whopping $6.5 million, the highest price ever made publicly available. The eighth-highest price of the watch sold at the auction, with all proceeds going to The Nature Conservancy. The remaining 169 pieces are sold exclusively at Tiffany's boutiques in New York, Beverly Hills and San Francisco, and are only available to a lucky few customers.Best replica Patek Philippe Complications watches from China.
