Phillips in Association with Bacs & Russo is thrilled to welcome you to The Hong Kong Sessions, Spring 2025, online auction, running from 12:00 PM HKT, Wednesday, 19 March, to 2:00 PM HKT, Wednesday, 26 March. Featuring more than 120 different high-end luxury wristwatches, the sale covers everything from A. Lange & Söhne and F.P. Journe to Audemars Piguet and Patek Philippe, including all the watches featured below.
Lot 8079: A Circa 2006 Parmigiani Fleurier Toric Perpetual Calendar in 18k White Gold
Estimate: HKD $100,000 - 200,000
Alvin Lau, Specialist
When discussing iconic case designs from the 1990s, Parmigiani Fleurier’s Toric undoubtedly stands out. As the brand's inaugural creation, it holds significant importance in their history, often seen on the wrist of Michel Parmigiani himself. Featuring a double-stepped coin-edge bezel and javelin-style hands, the watch's shape is inspired by the curvature of the Golden Ratio. Since its successful launch, the collection has expanded to include various complications, with the present perpetual calendar serving as a poetic example. The dial showcases an exceptionally readable and balanced layout, complemented by a sophisticated retrograde date function. It wears beautifully on the wrist, and the timelessness of its unique design ensures it will remain a classic for many years to come.
Lot 8031: A Circa 2017 Vacheron Constantin 'Sartorialism' Wristwatch in 18k White Gold with Royal Blue Translucent Grand Feu Enamel Dial
Estimate: HKD $150,000 - 300,000
Gertrude Wong, Head of Sale, Specialist, Hong Kong

Calling all Sartorialists, this Vacheron Constantin might just be the best watch that ever exists. A brilliant idea that no brands have ever explored, I adore the creativity to transform the quality of soft and tactile fabric onto a ridged guilloché dial. Working together with the world’s oldest fabric manufacturer from Italy, Vitale Barberis Canonico, Vacheron Constantin managed to pull off a recreation of famous woven patterns into this Métiers d’Arts collection. I was amazed with the alluring charm of the blue Prince of Wales check pattern created for this watch. The dial transform under light with wonders and absolute elegance.
Lot 8042: A Circa 2019 Otsuka Lotec Model No. 5
Estimate: HKD $20,000 - 40,000
Jonathan Siu, Specialist, Perpetual in Watches
Here in this auction we have the famous Otsuka Lotec Model No. 5 made specially for a group of Taiwanese collectors, a limited edition of 22 pieces in BRONZE (as you might have guessed). What makes this piece truly exceptional is the hand-hammered case. Crafted with a traditional decorative technique called “槌目” (Tsuchime), the random tiny indentations on the case are simple yet artistic. Another highlight is the unconventional regulator time display, where the hours, minutes, and seconds are shown separately. While this non-coaxial arrangement might seem unusual at first, you'll quickly adapt to reading the time accurately.
Packed with these unique characteristics, the Model No. 5 is a piece that truly deserves your attention. Take a closer look, and you'll find that it isn’t just a timekeeping device; it's a piece of art that grows with you over time.
Lot 8109: A Circa 1999 Bucherer Archimedes Perpetual Calendar in 18k White Gold
Estimate: HKD $40,000 - 65,000
Logan Baker, Senior Editorial Manager

If you’re looking for a watch that blends Swiss heritage, timeless craftsmanship, and just the right touch of sophistication, let me introduce you to the Bucherer Archimedes Perpetual Calendar. This piece is a gem from the 1990s, but its story goes way back to 1888, when Carl Friedrich Bucherer first set up shop in Lucerne. His vision of merging watchmaking with fine jewelry craftsmanship lives on in every detail of this watch. At 36mm, it wears effortlessly, and the white gold case with its beautifully fluted lugs adds just the right amount of depth and elegance. The perpetual calendar? That’s where the magic happens — tracking the date with precision, so you never have to worry about adjusting it.
The watch is in excellent condition, with an attractively aged dial that gives it that perfect neo-vintage character. And if that wasn’t enough, this watch comes as a full set, complete with its original accessories. Even better? The proceeds from this sale are going to charity, so you’re not just adding a remarkable timepiece to your collection, you’re also supporting a great cause.
You can view the complete catalog for the Phillips Hong Kong Sessions, Spring 2025, Online Auction, right here.
About Phillips In Association With Bacs & Russo
The team of specialists at PHILLIPS Watches is dedicated to an uncompromised approach to quality, transparency, and client service. Phillips in Association with Bacs & Russo holds the world record for the most successful watch auction, with its Geneva Watch Auction: XIV having realized $74.5 million in 2021. Over the course of 2021 and 2022, the company sold 100% of the watches offered, a first in the industry, resulting in the highest annual total in history across all the auction houses at $227 million.
About Logan Baker
Logan has spent the past decade reporting on every aspect of the watch business. He joined Phillips in Association with Bacs & Russo at the start of 2023 as the department's Senior Editorial Manager. He splits his time between New York and Geneva.
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