Phillips Watches May auctions establish multiple records Luxury Watches Patek Phillippe Swiss watches by wholesalewatches - September 25, 2015October 24, 20150 The inaugural watch auctions held by Phillips, in colaboration with Bacs & Russo, on 9 and 10 May 2015 realized a combined total of Swiss Francs 29,649,363 / US$ 31,834,734 / Euro 28,411,944, selling 97% by lot. The auctions offered four watches for more than US$a million and established multiple