Highlights from Christie’s Online-Only Watch Auction

Christie’s Watches Online latest sale has almost 200 lots in a web-only auction, with something for everyone. The line-up ranges from a steel Patek Philippe Nautilus “Jumbo” ref. 3800 to the most affordable items at under US$1000. Here are a handful of highlights from the “Time for the Holidays” sale, which ends December 7, 2016. Lot 66: Nouvelle […]

8 years ago

Editorial: Tales & Technology – Why a Dufour Hammers for More Than a Greubel Forsey

Just two days ago at Phillips’ Hong Kong watch auction a pair of timepieces that are masterpieces of contemporary independent watchmaking went under the hammer with dramatically different results. The first was a Philippe Dufour Simplicity that sold for US$258,000, about five times its original retail price some 12 years ago and just a day after Christie’s accomplished the same […]

8 years ago

Recap: Top Lots & Highlights from Phillips’ “The Hong Kong Watch Auction: Three”

A day after Phillips’ thematic Rolex sale that peaked midway with the record setting Rolex ref. 8171 “Padellone”, the auctioneer just concluded The Hong Kong Watch Auction: Three. This time the sequence of events was inverted: momentum built up haltingly, with several modern complications, including a Lange Tourbograph, passing with no interest. Fortunately the action picked up in […]

8 years ago

Philippe Dufour Simplicity Sells for US$258k – For the Second Time in Two Days

Yesterday Christie’s sold a Philippe Dufour Simplicity, a 37mm in white gold, for HK$1.98m, or about US$256,000, all fees included. Today Phillips just accomplished the same for its pink gold 37mm specimen that sold for HK$2m, about US$258,000. Moments later a white gold 34mm Simplicity in the same Phillips sale sold moments later for HK$1.75m, or […]

8 years ago

Record Set for Most Expensive Rolex Sold in Asia, at Just Over US$1m

Rolex Milestones: 38 Legendary Watches That Shaped History, Phillips’ evening sale on November 28 was its first thematic auction in Asia, becoming a milestone in itself, just a year after another record was set for a Patek Philippe ref. 2499. A total of HK$60.9m or US$7.84m was raised during the sale, with the stainless steel Rolex […]

8 years ago

Breaking News: Philippe Dufour Simplicity Sells for US$256,000 at Christie’s

Christie’s in Hong Kong just sold the first Philippe Dufour Simplicity to appear at auction for a staggering HK$1.98m, equivalent to US$256,395. The auctioneer’s head of watches in Geneva, Thomas Perazzi, brought the hammer down on the Simplicity after just a few minutes of bidding, with the winner being Christie’s specialist Nicholas Biebuyck on behalf of […]

8 years ago

Hands-On with Eric Clapton’s Custom-Dial Patek Philippe Refs. 3970 and 5004

A well known watch collector whose ownership adds significant cachet to a timepiece, Eric Clapton has never spoken publicly about his watch collection. But several of the musician’s watches have come up for sale in recent years, indicating he is fond of Rolex and Patek Philippe. Several of Clapton’s Patek Philippe watches that have come to market […]

8 years ago

Two One-of-a-Kind Patek Philippe Minute Repeater Wristwatches Reunited at Phillips

In mid 20th century, a gentleman who lived in New York was the fortunate owner of a pair of unique Patek Philippe minute repeating wristwatches, the refs. 2419 and 2524/1. The owner, whose name has now been lost to time, ordered the second repeater as a substitute for the first when it was away for servicing. The descendants of […]

8 years ago

Wrap Up Of Geneva Watch Auctions of November 2016

ANALYSIS OF RESULTS AT – PHILLIPS (BACS & RUSSO), CHRISTIE’S, SOTHEBY’S & ANTIQUORUM Chart – RECAP ON NOVEMBER 2016 WATCH AUCTIONS – GENEVA AUCTION HOUSE TTL LOTS* QTY SOLD SOLD % TOTAL VALUE AVG. PRICE PHILLIPS (Bacs & Russo) 191 177 93% CHF 27.513.625 CHF 155.444 Christie’s 323 276 85% CHF 14.702.500 CHF 53.270 Sotheby’s […]

8 years ago