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Results for Sotheby's (Auctions)

872 articles · 20 videos found · page 18 of 30

Hammer Time: Expert Advice for Selling your Watch at Auction – Reprise Quill & Pad
May 30, 2023

Hammer Time: Expert Advice for Selling your Watch at Auction – Reprise

Many of us have seen and heard the auctioneer’s hammer crash down on the final bid of a famous well-fought-over item. What interests Chris Malburg – apart from the artifact itself – is the seller. Why the sale? Is this is a one-off event or does he or she have more to offer? What brought them to this hammer time? This article explores motives for and provides expert advice on selling a watch at auction.

FRIDAY WIND DOWN: AP has a MARVELous week with a new watch, new CEO and US$6.2M auction result Time+Tide
Audemars Piguet May 26, 2023

FRIDAY WIND DOWN: AP has a MARVELous week with a new watch, new CEO and US$6.2M auction result

Often watch brands release their new products at the same time so they’re all fighting for the spotlight. But Audemars Piguet is very good at picking their moments to dominate the conversation the week something drops (like introducing a slew of new novelties during their AP Social Club at the beginning of each year). Well, … ContinuedThe post FRIDAY WIND DOWN: AP has a MARVELous week with a new watch, new CEO and US$6.2M auction result appeared first on Time+Tide Watches.

Auction Watch: Rexhep Rexhepi Chronomètre Contemporain I Sells For US$924,000 SJX Watches
F.P. Journe May 24, 2023

Auction Watch: Rexhep Rexhepi Chronomètre Contemporain I Sells For US$924,000

One of the most anticipated watches by an independent watchmaker to go under the hammer this season has set a record: the Rexhep Rexhepi Chronomètre Contemporain I (RRCCI) in pink gold sold at Phillips’ Hong Kong auction for HK$7.24 million including fees, equivalent to US$924,000. Notable for being in an ordinary, as opposed to charity, auction, the result of almost US$1.0 million puts its maker, the founder of Akrivia, in rarefied company alongside the likes of F.P. Journe, the only other independent watchmakers whose time-only watches can sell for such sums. The RRCCI that just sold was the first example of the model to emerge at auction, with only one other example having sold on the secondary market but privately. With the watch already sold out and a long waiting list for its successor, the RRCCII, there were high expectations for the watch at Phillips, which originally retailed for under US$70,000. Everyone’s on it The excitement as the lot came up was palpable. Auctioneer Aurel Bacs commented that so many bidders were phoning in that every Phillips employee on the phone bank was on the line. Although there were at least a half dozen bidders to start with – all on the phone save for one room bidder – the contenders thinned out at the HK$4.00 million mark. Remaining were just three bidders: Alex Ghotbi and Tiffany To of Phillips on the phones with clients, and the gentleman at the back of the room. Both based in Geneva, Mr Ghotbi and Ms To were presumably re...

Christie’s Rare Watches May 2023 Auction Featured a Patek Philippe Nautilus Tiffany Blue, Gérald Genta with Royal Provenance, F.P Journe Resonance, De Bethune and Much More Quill & Pad
Patek Philippe Nautilus Tiffany Blue Gérald May 22, 2023

Christie’s Rare Watches May 2023 Auction Featured a Patek Philippe Nautilus Tiffany Blue, Gérald Genta with Royal Provenance, F.P Journe Resonance, De Bethune and Much More

There were many surprises in the Christie’s Rare Watches auction in Geneva on May 13. Some satisfying, some disappointing. At a preview held by Christie's in late March and early April during the Watches & Wonders show in Geneva, Alexey Kutkovoy was able to see and examine several lots in detail. Here are a few of the results that caught his eye.

Auction Watch: Patek Philippe Ref. 1252 “Chameleon” SJX Watches
Audemars Piguet Grande Sonnerie pocket watch May 12, 2023

Auction Watch: Patek Philippe Ref. 1252 “Chameleon”

The Geneva spring auction season kicks off soon and as expected, most of the weekend’s highlights are the usual timepieces from establishment brands and independent watchmakers, including one that is a mix of both, the Audemars Piguet Grande Sonnerie pocket watch made by Philippe Dufour. But one of the season’s most intriguing lot is altogether different – the Patek Philippe Ref. 1252 “Chameleon” that’ll go under the hammer at Antiquorum. Both intriguing and quirky, the ref. 1252 “Chameleon” is essentially a sculptural bracelet that happens to have a small, manual-wind movement installed. While such bracelet wristwatches are common for jewellers like Cartier and Bulgari, the “Chameleon” is decidedly unconventional for Patek Philippe. Made in the late 1940s, this example of the “Chameleon” is only the second one known. The first example resides in the Patek Philippe Museum as inventory no. P-107. The “Chameleon” is perhaps more object than timekeeper. It has an estimate of CHF50,000-100,000 – arguably not so much for a sculptural Patek Philippe of which only two are known, or a pricey, oddball ladies’ watch. But it is unquestionably interesting and perhaps one of the most intriguing objects on the block this weekend. The “Chameleon” is lot 450 and has an estimate of CHF50,000-100,000. Its archive extract has been ordered and is pending according to Antiquorum. For more, visit Antiquorum.com.  

Auction Watch: Charles Frodsham Double Impulse Chronometer SJX Watches
May 5, 2023

Auction Watch: Charles Frodsham Double Impulse Chronometer

Online watch auctioneers Loupe This have just listed a Charles Frodsham Double Impulse Chronometer in an online-only sale that runs from now till May 11. Barely a handful have emerged – one was sold at Phillips Perpetual in London in 2021 – but this example is the first to go under the hammer. The scarcity is of the Double Impulse Chronometer on the secondary market is simply because there are few of them in circulation. Around 50 have been made to date and with about a dozen being produced each year, the wait for an order placed now stands at about eight years. The exceptional demand for the watch is entirely justified, since the Double Impulse Chronometer is arguably the most significant English wristwatch in production today. Consigned by the original owner, this specimen is quintessential Frodsham. Numbered “010800” and delivered in September 2019, this is one of the first examples made, the 13th in fact, according to Richard Stenning, co-owner of Charles Frodsham. More notably, it is an unusual combination of a stainless steel case and white ceramic dial with double cyphers. According to Mr Stenning, this was the first of only two watches with this configuration made to date. The cyphers are an option but arguably crucial since they reference the firm’s history and add to the vintage-inspired styling of the dial. Historically found on Frodsham pocket watches – often engraved on the movement but sometimes on the dial – such cyphers indicated Royal Warrant...

Highlights: The Notable and Interesting at Christie’s Dubai Online Auction SJX Watches
Audemars Piguet Royal Oak ref 4100BA Apr 24, 2023

Highlights: The Notable and Interesting at Christie’s Dubai Online Auction

Christie’s kicks off the spring auction season with Watches Online: The Dubai Edit, a 136-lot sale taking place entirely online. Featuring a diverse selection of watches, the sale by big-ticket items like a Richard Mille RM 69 tourbillon and a Patek Philippe Nautilus ref. 5711/111P with a sapphire-set bezel. But the sale also encompasses some unusual and interesting timepieces that are worth a second look, including the Richard Mille RM 36-01 with a G-force sensor and a Grand Seiko 8-Days produced by the same workshop responsible for the better-known Credor Eichi. Some lots are uniquely reflective of the Middle East: amongst them is the Gerald Genta Octo Mosaic with a perpetual calendar in Eastern-Arabic script and a Patek Philippe Golden Ellipse gentleman’s set of a solid-gold lighter and cufflinks enamelled with the flag of Oman. A Royal Oak with the signature of Sheikh Mohammed of Dubai under 12 o’clock where the brand name typically is Watches Online: The Dubai Edit takes place online from April 24 to May 4. All the watches will be on show at the same time in the preview exhibition in the Dubai International Financial Centre (DIFC). Registration for bidding and the catalogue can be found on Christies.com. Lot 1: Audemars Piguet Royal Oak ref. 4100BA “Sheikh Mohammed” One of the sale’s headline lots is an Audemars Piguet Royal Oak ref. 4100BA that, from a distance, looks like an ordinary mid-sized version of the emblematic sports watch. But up close this exa...

Auction Watch: A Unique Habring² Split-Seconds for a Good Cause SJX Watches
Apr 20, 2023

Auction Watch: A Unique Habring² Split-Seconds for a Good Cause

Last year Habring² finally delivered something collectors had long been seeking, a compact version of its signature split-seconds chronograph, which now forms the base for the Doppel 38 “Monochrome x Habring²”. A one-off that will be sold at Phillips’ upcoming Geneva auction to benefit charity, the Doppel 38 is a collaboration between Habring² and Monochrome Watches, online watch magazine based in the Netherlands. The Doppel 38 takes its cues from the limited-edition chronograph Habring² made for the 15th anniversary of Netherlands-based Monochrome. Initial thoughts The one-off Doppel 38 is essentially a more complex version of Monochrome’s 15th anniversary edition, the Montre de Souscription 1 (MDS1), which was a conventional, single-button chronograph. Naturally the Doppel 38 sports a split-seconds movement and consequently, a slightly thicker case, but it is aesthetically almost identical to the MDS1, having the same “salmon” dial. Ordinarily, reissuing a limited edition in near-identical format is a no-no, but in this case it is both sensible and appealing because the Doppel 38 is a one-of-a-kind creation and it will be sold to benefit a children’s charity. It’s being offered with an estimate of CHF10,000-20,000 – the low estimate is approximately the retail price of the regular production Doppel 38 – which is certainly acceptable. And given the worthy recipient of the proceeds, one certainly hopes for more than the high estimate. Subtle tweaks ...

FRIDAY WIND DOWN: Phillips to auction Roger Smith’s handmade pocket watch, Hublot drops two new special editions Time+Tide
Hublot drops two new special Apr 14, 2023

FRIDAY WIND DOWN: Phillips to auction Roger Smith’s handmade pocket watch, Hublot drops two new special editions

Earlier in the week it was revealed an incredibly significant pocket watch is about to hit the auction block, and, closing out the week, Hublot, even after a ton of novelty drops at Watches & Wonders, announced two new special editions. A fair bit to discuss, let’s jump right into it. Phillips to auction historically … ContinuedThe post FRIDAY WIND DOWN: Phillips to auction Roger Smith’s handmade pocket watch, Hublot drops two new special editions appeared first on Time+Tide Watches.

Ineichen’s new auction to focus on independents Time+Tide
Apr 13, 2023

Ineichen’s new auction to focus on independents

As watch collectors get more and more access to information through either the internet or brand transparency, the glowing sheen that once accompanied the term “in-house” has started to lose its shine. There are plenty of loopholes a company can go through to earn the in-house title, and because it’s not a protected term like … ContinuedThe post Ineichen’s new auction to focus on independents appeared first on Time+Tide Watches.

Phillips to Auction a Patek Philippe Owned by Aisin-Gioro Puyi, the Last Emperor of China Worn & Wound
Patek Philippe Owned Mar 21, 2023

Phillips to Auction a Patek Philippe Owned by Aisin-Gioro Puyi, the Last Emperor of China

Last week, news of the latest marquee lot to go under the hammer via Phillips broke across watch media. The phrase “historically significant” is often used to describe high profile vintage watches that go up for auction, but very few actually feel truly historic. I would argue that this particular Patek Philippe, a watch that once belonged to Aisin-Gioro Puyi, the Last Emperor of the Qing Dynasty, meets just about any definition for historically significant that you can come up with. Not only did it belong to a figure from our relatively recent history that marked a profound change in a nation’s history, but in terms of vintage Patek, this complicated Calatrava is worth studying even outside the scope of its significant owner.  If you’re not familiar with Puyi’s story, a brief introduction or refresher is certainly in order to properly contextualize the watch. Aisin-Gioro Puyi became the Emperor of China at the age of 2, abdicated his throne at 7, and was held as a political prisoner by the Soviets following World War II. Puyi led an uncommon and complex life through a period of great political upheaval, but it’s notable that despite the title of Emperor that was thrust upon him as a boy, he never held significant power as a world leader. In his brief stint as the final Emperor of the Qing Dynasty he was essentially a figurehead, and later served as the puppet leader of Manchukuo for the Japanese following their invasion of Manchuria in 1932. Puyi is seen by s...

Auction Watch: A Single-Owner Collection of F.P. Journe at Phillips SJX Watches
F.P. Journe Jan 13, 2023

Auction Watch: A Single-Owner Collection of F.P. Journe at Phillips

Le Concours de Complexité is probably the smallest watch auction ever conducted by Phillips. Taking place online from January 13-20, the sale comprises just 11 watches. But all 11 are F.P. Journe watches, including important models like a Sonnerie Souveraine, Chronomètre à Résonance Ruthenium, and Centigraphe Anniversaire. So while the quantity is modest, the quality and value are high. And the watches all come with impeccable provenance. The former owner is a prominent businessman from Southeast Asia who is active real estate development. He purchased most of them brand new and has clearly kept them in immaculate condition. Le Concours de Complexité begins on January 13 and will run until January 20. Bidding and the catalogue can be accessed on Phillips.com. Below we round up a trio of highlights from the sale. The Sonnerie Souveraine Lot 8001 – Chronomètre à Résonance Ruthenium Synonymous with the independent watchmaker, the Resonance is correctly regarded as one of the most ingenious creations in contemporary watchmaking. Francois-Paul Journe was the first to implement the concept in a wristwatch, having been inspired by 18th century clocks operating on the principle of resonance. This example is one of the Ruthenium series that was launched in 2001. The name comes from the fact that the dial and brass movement bridges are plated in ruthenium, giving them a dark grey finish. Notably, the Ruthenium editions are the last F.P. Journe models to utilise brass m...

Auction Watch: The Unique Grand Seiko Kodo Constant-Force Tourbillon SLGT001 SJX Watches
Grand Seiko Kodo Constant-Force Tourbillon SLGT001 Dec 9, 2022

Auction Watch: The Unique Grand Seiko Kodo Constant-Force Tourbillon SLGT001

On very rare occasions does Grand Seiko create unique versions of its watches. But it has done so with a unique version of the Kodo Constant-Force Tourbillon – the one-off reference SLGT001 – that will go under the hammer at Phillips’ New York auction December 11, with some proceeds from the sale going to a children’s charity. Anyone who read our earlier in-depth, two-part story on the Kodo (part I covers the watch and part II its technical features) will understand the the impressive technical achievement that is its movement. The SLGT001 has all of that, but in a unique execution specifically for the auction. Engraved “Unique Piece No. 1/1” on the back, the SLGT001 is instantly recognisable as a one-off. While the standard version of the model has a monochromatic grey palette, the SLGT001 is set apart by its colour: heat-blued and gilded components against rhodium-plated bridges. Most of the screws are blued steel, while the three-armed tourbillon carriage is blued titanium. And the SLGT001 is also distinguished by its case material. Unlike the standard model that has a case made up of both titanium and platinum, this is entirely in Brilliant Hard Titanium, the brand’s proprietary alloy that boasts a brighter, more silvery hue than most titanium alloys. A portion of the proceeds from the sale of the SLGT001 will go to the Children’s Heart Foundation. Besides benefiting a good cause, the winning bidder will also get a trip to Japan to meet the team behind...

Highlights: Chronographs at Phillips’ Hong Kong Auction SJX Watches
Patek Philippe made Nov 24, 2022

Highlights: Chronographs at Phillips’ Hong Kong Auction

Having already covered highlights in two categories – independent watchmaking and interesting complications – in Phillips’ upcoming Hong Kong auction, we now focus on a crowd favourite when it comes to complications, the chronograph. We look at eight chronographs that stand out in The Hong Kong Watch Auction: XV. They range from an esoteric Patek Philippe made for an English football club owned by a Thai duty-free shopping magnate to and a fine specimen of the mythical Omega Speedmaster “MIR-90 90 Days” that spent three months on the Russian space station. Registration for bidding and the catalogue can be found here. The Patek Philippe ref. 5960/1A-011 made in 2016 to commemorate Leicester City becoming Premier League champions for the first time Lot 813: A. Lange & Söhne Datograph, first-generation “Meter” dial Since its introduction in 1999 as Lange’s first chronograph, the Datograph is of the German brand’s most iconic timepieces. Even independent watchmaker Philippe Dufour famously fawns over the movement – he owns an example in rose gold – that is a masterpiece of impeccable craftsmanship and attention to detail. This example is a first-generation model with a 39 mm platinum case and a glossy black dial, arguably the quintessential Datograph. Keen-eyed collectors will notice “METER” on the tachymeter scale, indicating this is one of the earliest examples of the model. The warranty confirms that with a 2001 purchase date. Lange began usin...

Highlights: Independent Watchmaking at Christie’s Hong Kong Auction SJX Watches
Audemars Piguet Nov 23, 2022

Highlights: Independent Watchmaking at Christie’s Hong Kong Auction

Having looked at some of the most fascinating pocket watches and clocks on offer at Christie’s Important Watches auction that happens soon in Hong Kong, we now turn to attention to the genre that many collectors are now pursuing, independent watchmaking. As expected, amongst the offerings going on the block are works from the big names like F.P. Journe, Richard Mille, and H. Moser & Cie. But beyond the usual suspects, the sale also encompasses hidden gems, like the highly complicated tourbillon perpetual calendar by Gerald Genta presented as a Cartier Pasha. The Important Watches auction (lots 2306-2523), including watches from The Triazza Collection, begins at 1 pm on November 27 – the catalogue is available here. It’s followed by the second session (lots 2201-2282) offering watches from The Champion Collection at 7 pm – see the full catalogue here. The fully-engraved Gerald Genta movement inside the Cartier Pasha Lot 2382: Cartier Pasha Tourbillon Perpetual Calendar Considered one of the most successful watch designers of the 20th century – though his most influential designs were for Audemars Piguet and the Patek Philippe rather than his own – Gerald Genta was also responsible for some of the most complicated watches of the 1980s and 1990s when his namesake brand was at its peak. In fact, the Genta brand was so proficient at making highly complex watches that Cartier tapped Gerald Genta as a movement supplier for its top-of-the-line complications in the 19...