Hodinkee
Auctions: Previewing New York's Spring Auction Season At Phillips, Sotheby's, And Christie's
Auction season can be exhausting. I can barely believe that we do this twice a year. We often only have the time and energy to cover the main show in Geneva, with a few thousand lots offered between four auction houses just last month. But after Geneva and Hong Kong (which comes before Geneva for some houses and after for others), the circus comes to New York, and this year we're going to take a gander at the watches on offer in the city. Most auction houses don't drop their catalogs until after Geneva is over. That prevents people from holding their bids because they're doing the "distracted boyfriend meme" and looking at future watches. That keeps them from going all-in in Geneva, which isn't what the auction houses want. They want your bids now and later. Well, later is here, and I hope you have some cash left over. Weirdly, I'm getting a sense of déjà vu; there are a few familiar-looking watches. So let's go ahead and take a look. Phillips It was a banner weekend for Phillips in Hong Kong with a pretty fantastic $51.5 million sale, backed by the $10.2 million sale of the first series rose gold Patek 2499, which became the most expensive wristwatch ever sold in Asia. That is one of three mega Pateks Phillips was offering this season, which is rounded out by an incredibly clean and honest 1518. I know the record result means that that should be the watch to pick, all things being equal, but I still like a watch that looks basically untouched. Photo courtesy Phillips. P...
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