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Mon Nov 24 11:23:42 SAST 2014

Eric Clapton's watch sells for $3.6 million at auction

Sapa-AFP | 13 November, 2012 08:10
An employee poses with A Patek Philippe wristwatch from the collection of musician Eric Clapton during an auction preview at Christie's in Geneva November 8, 2012.
Image by: VALENTIN FLAURAUD / REUTERS

A platinum wristwatch belonging to British guitarist Eric Clapton sold for 3.4 million Swiss francs ($3.6 million) in Geneva on Monday, auction house Christie's said.

The "exceptionally rare" watch made by Patek Philippe in 1987 was snapped up by an anonymous Asian buyer, Christie's spokesman Christiano De Lorenzo told AFP, adding that the price was in the middle of the estimate.

The only other time the platinum perpetual calendar chronograph wristwatch with moon phases was on auction, in 1989, it sold for just $250 999.

Clapton, 67, known for his work with rock bands Cream and the Yardbirds and for songs including "Crossroads", "Layla" and "Tears in Heaven", had purchased the luxury timepiece privately after that auction for an undisclosed price, De Lorenzo said.

The British guitarist's watch did not fetch the highest price at the Christie's "Important Watches" auction, where sales totalled 27.04 million Swiss francs.

That honour went to another Patek Philippe platinum wristwatch, made especially for American collector J.B. Champion in 1952, which raked in 3.78 million Swiss francs.

It thereby set "a world auction record for a watch without complications," Christie's said.

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