Antiques, Collectibles and Auction News

13 May

Christie’s Important Watches Geneva - Monday, 12 May 2008


Christie’s Important Watches

Geneva- Monday, 12 May 2008

Sale no: 1353 - Top Ten

[All sold prices include buyer’s premium]

Watch shown on the first line of the image: Patek Philippe. A unique and exceptional  stainless steel perpetual calendar wristwatch with phases of the moon and applied black painted Arabic numerals, Ref. 1526, manufactured in 1949 Estimate $/SFr. 1.500.000-2.500.000 Price Realized: SFr. 4,137,000 / $ 4,016,504/ € 2,598,455

 

Sold:

SFr. 25,815,700

$ 25,063,786

€ 16,214,873

Lots Sold: 346

Lots Offered: 384

Sold by Lot: 90%

Sold by SFr: 91%

Exchange Rate: 1$= SFr.1.03 / 1€ = SFr1.5921

Lot

Description

Estimate (SFr)

Purchase Price

Buyer

87

Patek Philippe. A stainless steel perpetual calendar wristwatch with phases of the moon, amagnetic balance and Arabic numerals, ref. 1526.World record for a steel wristwatch2nd highest price for any wristwatch

1,500,000 - 2,500,000 SFr. 4,137,000$ 4,016,504€ 2,598,455 Swiss Private Museum

187

Patek Philippe. A platinum perpetual calendar wristwatch with sweep centre seconds, phases of the moon and black hard enamel Breguet numerals, ref. 2497.World record for a Patek Philippe reference 2497 1,500,000 - 2,500,000 SFr.3,207,400$ 3,113,980€ 2,014,571 European Collector

186

Patek Philippe. A 18K gold perpetual calendar chronograph wristwatch with phases of the moon, ref. 2499.World record for a Patek Philippe reference 2499 in yellow gold 500,000 - 700,000 SFr.1,079,400$ 1,047,961€ 677,972 European Collector

250

Patek Philippe. A 18K pink gold chronograph wristwatch with two-tone silvered dial, ref. 530.World record for a Patek Philippe reference 530 in gold 600,000 - 900,000 SFr.967,400$ 939,223€ 607,625 Asian Collector

189

Patek Philippe. A 18K gold hinged single button chronograph wristwatch with gilt dial, Breguet numerals and vertically positioned subsidiary dials 450,000 - 650,000 SFr.833,000$ 808,738€ 523,208 European Collector

49

Patek Philippe. A 18K gold perpetual calendar chronograph wristwatch with phases of the moon, ref. 1518 350,000 - 450,000 SFr.743,400$ 721,747€ 466,930 US Collector

86

Patek Philippe. A 18K gold perpetual calendar wristwatch with sweep centre seconds, phases of the moon, original certificate and box, ref. 2497. 300,000 - 500,000 SFr. 505,000$ 490,291€ 317,191 European Collector

381

Patek Philippe. A stainless steel water-resistant chronograph wristwatch with two-tone silvered dial, ref. 1463, 250,000 - 350,000 SFr. 481,000$ 466,990€ 302,116 European Collector

288

Patek Philippe. A 18K pink gold water-resistant chronograph wristwatch with pink dial, original certificate and envelope, ref. 1463. 280,000 - 380,000 SFr.457,000$ 443,689€ 287,042 European Collector

328

Philippe Dufour. A 18K white gold two-train minute repeating grande and petite sonnerie wristwatch with hinged case and enamel dialWorld record for a Philippe Dufour wristwatch 250,000 - 350,000 SFr. 457,000 $ 443,689€ 287,042 Asian Collector
“A highly educated market, represented by 500 registered bidders, responded enthusiastically to the finely curated selection of watches in today’s landmark sale - the second highest result for a watch auction at Christie’s - setting numerous world records throughout the day. $7.3 million for the cover lots impressively demonstrate the strength of the market and the dominance of Christie’s as the leading auctioneer in the field of fine and important watches. Twelve different bidders from four continents compited for the two top lots. The private collection of Rolex divers watches was a 100% sold, far exceeding the pre-sale estimate and underlining the strong demand in vintage Rolex sports watches. We are looking forward to the next watch sale taking place in Hong Kong on May 29. ” commented Aurel Bacs, Co-director of the international watch department.
Date and Location of Next Sale Hong Kong, May 29 2008
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