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Hong Kong – 25 May 2025 – Phillips in Association with Bacs & Russo achieved a total of over HK$212 million/ US$27 million for The Hong Kong Watch Auction: XX, surpassing the pre-sale high estimate of HK$181,063,000/ US$23,121,745 and marking a 30% year-on-year increase. The auction, held from 23-25 May, attracted enthusiastic participation from 1,800 registered bidders across 70 countries/ regions worldwide. In addition to a packed saleroom and active telephone bidding, the sale saw robust online engagement, with 70% of the lots offered sold to online buyers.
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