In the midst of the infamous quartz crisis, Angelus, the acclaimed Swiss chronograph manufacture, halted production and closed up shop for good. As a watchmaking powerhouse for over 125 years....
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.
Read MoreIf you’re a collector, an aspiring collector, or just interested in really expensive objects, than this is something you have to hear about. Today, world-renowned Miami watch dealer, Matthew Bain, has announced the sale of a second series rose gold 2499. The selling price: $3.2 million dollars. Yep, and it'll be the most expensive watch to ever sell online.
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