Hong Kong – A Patek Philippe Grand Complications Ref. 5016P-018, circa 2010, achieved HK$8,894,000 (US$1,134,000) at Bonhams' Hong Kong Watches: Rare and Iconic Horological Legends sale on 31 May, setting a world auction record for the 5016P reference. The sale achieved an overall sell-through rate of 98% and totalled HK$41 million, marking the highest watch sale total ever achieved by Bonhams worldwide. The top lot of the sale, the Patek Philippe Ref.