Rare and unusual watches continue to pop up at auction this spring, and here I’d like to highlight a few that caught my eye coming up in the June 21, 2017 “Fine Watches and Wristwatches” London sale at Bonham’s.
Sotheby’s June 2017 Important Watches sale in New York City took in $7.4 million. That’s not a sum to be sneezing at for 310 lots sold, with a sell-through rate of 84.2 percent. I was pleased to see that the top ten list of performers at this auction included Richard Mille and Greubel Forsey in addition to Patek Philippe.
One of the rarest of the rare is going under the hammer at Christie’s June 21, 2017 sale of “Rare Watches and American Icons” in New York City: lot 216 comes from a collector who commissioned this extreme rarity, a timepiece by A.H.C.I. watchmaker Christian Klings.
The Phillips Hong Kong Watch Auction: FOUR particularly interested us due to the presence of a subset of 43 watches for sale called “43 Watches & Encounters: The Laurent Picciotto Collection of Contemporary Watches.” Please enjoy our commentary of the auction results for these timepieces.
The Phillips/Bacs & Russo Hong Kong Watch Auction: FOUR takes place on May 30, 2017. While it includes a large number of Rolex and Patek Philippe models as well as a disarmingly beautiful array of bejeweled timepieces by Cartier and Piaget, most important for me is the 43-piece subset of watches belonging to Chronopassion watch retailer Laurent Picciotto.
In the 1980s you may have read perhaps a few entertaining books by Jackie Collins, who passed away on September 19, 2015 at the age of 77. She was a very wealthy woman after 47 years of publishing bestselling romance novels, and now Bonhams is set to auction her estate of 1,000 lots for an estimated total of $3 million on May 16 and 17, 2017 in Los Angeles, and there are a few interesting watches included. In fact, I’d say surprising watches.
Many watch auctions appear to be dominated by notable sales of Rolex and Patek Philippe timepieces. And I’ve nothing against those two lovely brands, but the world of big auctions is becoming ever more monotone. Here are some genuinely exotic, decidedly out-of-the-ordinary timepieces currently on offer at Christie’s Important Watches auction, which takes place in Dubai on March 19, 2017.
I have attended the odd auction. I have even gone to auctions with the intent to bid on a watch. But that hadn’t yet worked out for me. Not until I saw that Parisian auction house Artcurial was auctioning off what was left of Alain Silberstein’s inventory and put in an absentee bid on a long shot. I had little hope.
This is the second year in a row that I’ve had the opportunity to attend the November watch auctions in Geneva. On last year’s trip, a good friend and I had the pleasure of participating in several events organized by Patek Philippe as well as the biennial OnlyWatch auction. This year, we returned for the previews and salesroom action at major houses including Phillips, Christie’s, and Sotheby’s.
Patek Philippe watches in stainless steel are the hot thing among vintage collectibles. Phillips’s auction house, whose watch division is spearheaded by Bacs & Russo, has set four world records for stainless steel Patek Philippe watches over the last two years. A new find coming up in the Geneva Watch Auction: FOUR could possibly break the current record of almost $4 million. Check out that Patek Philippe Reference 1518 right here.