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$1 Million Patek Philippe Minute Repeater | Exceptional Watch Buys | Market Wrap

Welcome back to another episode of Market Wrap. This week highlights auction results in Hong Kong and Mike Manjos analyzes value in today's market. To start things off, he discusses recently acquired pieces such as the yellow dial Rolex Oyster Perpetual 41, the stunning A. Lange & Sohne Saxonia Annual Calendar, and a piece by one of Mike's favorite independents: the Gronefeld 1941 Principia. The main topic revolves around last weekend’s Phillips Hong Kong watch auction. Some impressive highlights included an Alain Silberstein Tourbillon that brought in $106,000 and an F.P. Journe Vagabondage II that generated $235,000. The real prize, however, was the Patek Philippe 3974R Minute Repeater that sold for $1.2 million! Manjos breaks down what the results mean for various companies, touching upon De Bethune's rising interest and brand recognition as well as new highs for A. Lange & Sohne. He wraps things up our latest segment - Manjos' Value Plays - assessing watches that have nowhere to go in value but up. These include the Vacheron Constantin Overseas, a Rolex Day-Date 18206 in platinum, and a Jaeger-LeCoultre Master Perpetual in stainless steel. Thanks for tuning in and don't forget to like, comment, share, and subscribe! Contact one of our client advisors at to talk about the process of selling or trading your watch with WatchBox. ------------------- Watch SKUs: Rolex Oyster Perpetual 41 - 4471462 A. Lange & Sohne Saxonia Annual Calendar - 4470803 Gronefeld 1941 Principia - 4470407 Please Subscribe: View hundreds of hands-on luxury watch reviews at our WatchBox Reviews channel: Instagram: BUY WATCHES HERE: 00:00 Introduction 00:28 Rolex Oyster Perpetual 41 00:53 A. Lange & Sohne Saxonia Annual Calendar 01:10 Gronefeld 1941 Principia 01:35 Auction Results 04:44 Analyzing the Auction 05:35 Manjos Value Plays