Sotheby’s Geneva Sale Of Important Watches that was held on May 15 covered five centuries of watchmaking history, from 1580 to present day, and fetched over $8.75 million.
The highlight of sale was a rare Patek Philippe chronograph that sold for $815,637. An extremely rare yellow gold chronograph wristwatch Patek Philippe with perpetual calendar, moon phases and Tachometer scale circa 1960 was a lot 185. It was estimated between $665,000 and $1,100,000. One more exclusive item at Sotheby’s sale was An Extremely Rare Stainless Steel Chronograph Wristwatch With Registers And Bracelet, Circa 1967, Ref 6263, Daytona ‘Paul Newman’ Inverted Lines sold for $233,120.
The top seller among pocket watches was lot 73, a rare silver open-faced pocket chronometer made by Breguet & Fils circa 1809 sold for $124,745, more than nine times its pre-sale estimate of $13,300 and $19,900. Fine and rare gold enamel and pearl-set montre a tact watch made by Le Roy circa 1820 realised $63,501. This very fine example of “montre a tact” was estimated between $33,200 and $55,500. Pocket watches brought in over $3.3 million in sales.
Here is a list of some other items of sales that have attracted interest and that made the most money: A Very Fine And Rare Platinum Double Tourbillon Wristwatch by Greubel Forsey, circa 2007 sold for $341,495; A Fine and Rare Gold and Enamel Musical Scent Flacon, made for the CHinese market by Piguet & Capt, circa 1807 sold for $273,761; A Fine And Rare 18k Yellow Gold Open-Faced Minute Repeating Perpetual Calendar Watch, ref 767 by Patek Philippe, circa 1927 solf for $273,761; An Oversized Limited Edition Alacrite And Titanium Tourbillon Wristwatch by Audemars Piguet , circa 2002 sold for $192,479;A rare gold and enamel pocket watch made for the Indian market by SWISS, circa 1920 sold for $138,291; A Fine and Rare 18K yellow Gold Automatic Perpetual Calendar Wristwatch by Patek Philippe, ref. 3448, circa 1971 sold for $138,291; Rolex Daytona ‘Paul Newman’ wristwatch ref. 6241 in steel with original strap and dial in three colors, circa 1965 sold for $138,291; ‘Daytona 13′, An Extremely Rare Version of the Gold Diamond-set Automatic Chronograph Wristwatch by Rolex, circa 1989 sold for $138,291.
Following the success, in Sotheby’s Geneva November 2010 sale, of a group of antique timepieces made for the Chinese and Turkish markets, last night enamel timepieces attracted strong competition, with high prices fuelled by bidding from Asia, India and the Middle East. Sotheby’s Geneva Sale Of Important Watches attracted buyers from around the world and more than 300 clients had registered to participate.