Between Christie's always-impressive "Important Watches" sale and Phillips' "Glamorous Day Date" sale, auction week in Geneva is bound to be spectacular. Moreover, Antiquorum will offer a multitude of exquisite timepieces in their auction....
Read MoreLate yesterday evening, I learned from various sources that the extremely sought-after, unique Patek Philippe Reference 2458 had changed hands. Only moments ago was this confirmed NOT TRUE, though the watch has indeed been privately sold.
The story [rumor] goes like this. Until about one year ago, this watch was owned by the prominent Miami-based dealer and collector, Massimo Barracca. Then, after consigning the Patek in a Christie's Geneva sale, it sold to Alfredo Paramico (Manager of the Elite Adviser's "Precious Time Fund") for a record-shattering amount of almost four million dollars. The most recent exchange of this piece was between Mr. Paramico and Angelina Jolie, who then gifted the wristwatch to Brad Pitt.
Read more HERE at Forbes.
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