09 Apr '18, 10am

How to collect watches as an investment: Tips from the world’s foremost watch auctioneer https://t.co/WsfUX8aMDg

Follow our new CNA LIFESTYLE page on Facebook for more trending stories and videos SINGAPORE: For those in the watch-collecting community, Aurel Bacs is somewhat of an icon. He is known for having sold the world’s most expensive wristwatch at auction last October: Paul Newman's own Rolex “Paul Newman” Daytona Reference 6239. The watch, which sat on the actor-slash-race-car-driver’s wrist for 15 years, fetched a staggering US$17.8 million (S$23.4 million) at a Phillips in Association with Bacs & Russo sale in New York. It is Bacs that the world’s top collectors turn to when they want to offload a piece in their collection, or acquire their next one. It was Bacs who helped grow auction house Christie’s watch business from US$7 million in 2003 to US$130 million in 2013. Aurel Bacs is a bit of a rock star in the watch-collecting community, having sold the world’s most expensiv...

Full article: https://www.channelnewsasia.com/news/lifestyle/aurel-bacs...

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