[GENEVA] A Patek Philippe timepiece sold for US$31 million, the highest price for a wristwatch in auction, at a charity sale run by Christie's in Geneva.

WHEN reissue of old classics has become the thing to do for many luxury watch brands, Patek Philippe is still bringing out really new timepieces along with updates of its most popular models.

PATEK PHILIPPE IS likely to set a new record price at this year’s biennial Only Watch charity auction, with a contribution valued at around S$3 million.