Last Chinese Emperor’s Luxury Watch Sells for $6.2 Million

A Patek Philippe watch worn by the last emperor of China’s Qing Dynasty was sold for HK$48.85 million ($6.2 million) Tuesday at a live auction in Hong Kong. The auction, which lasted about seven minutes, took place at Phillips’ new headquarters at Hong Kong’s West Kowloon Cultural and was attended predominantly by mainland and local Hong Kong collectors and representatives. Aisin-Gioro Puyi, the last emperor of the Qing dynasty, had given the watch to his interpreter Georgy Permyakov, who was Puyi’s companion when he was imprisoned in the Soviet Union between 1945 and 1950. It isn’t known when or how Puyi obtained the watch, which was completed in 1937. A red paper fan, which Puyi personally inscribed and gifted to his interpreter in Tokyo, also sold at auction for HK$609,600. -------- Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to Bloomberg Originals: https://www.youtube.com/BloombergTV Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake