Sotheby’s New York Important Watches Auction Brings $9.1 million

0
123
Audemars Piguet’s Massive Limited Edition Platinum Tourbillon Chronograph Wristwatch with Double Power Reserve Indication and Bracelet. Estimate: $100/150,000. Sold for: $423,000.

Thursday’s auction of Important Watches at Sotheby’s New York achieved $9.1 million, the highest total since 2016. Highlighting the diversity of timepieces available at auction – from singing bird boxes and marine chronometers to vintage wristwatches and modern sport watches – the sale featured 15 lots over $100,000.

The sale was led by an Impressive and Rare Consecutively Numbered Pair of Four-Color Gold and Pearl Singing Bird Snuff Boxes by Frères Rochat, which reached a final price of $519,000 (estimate $300/500,000).

Daryn Schnipper, Chairman of Sotheby’s International Watch Division, and Sam Hines, Worldwide Head of Sotheby’s Watches, commented: “Yesterday’s auction in New York followed in the footsteps of successful sales in Hong Kong, London and Geneva, bringing the total for Sotheby’s Watches spring season to $37.1 million. We look forward to continuing this momentum – driven by strong interest from clients around the world for vintage and modern wristwatches as well as unique timepieces from the 19th, 20th and 21st centuries – into our online-only auctions of timepieces this summer as well our fall auctions, kicking off in Hong Kong in October.” 

Katharine Thomas, Head of Sotheby’s Watches & Clocks Department in New York, and Nate Borgelt, Head of Sale for Sotheby’s Watches in New York, added: “From modern marvels by Audemars Piguet and vintage wristwatches by Rolex, to bird boxes by Frères Rochat and marine chronometers by Breguet, yesterday’s sale of Important Watches represented the full spectrum of horology. We were delighted to see enthusiasm for these multiple disciplines throughout our sale of over 5 hours –including a record for a Mark 3 Double Red Sea Dweller – which totaled $9.1 million, the highest result in two years.” 

Sotheby’s will continue their auctions of clocks & watches this summer with Watches Online, open for bidding 18 through 25 June. The sale will feature a diverse range of property, including modern and vintage wristwatches from a variety of brands

LEAVE A REPLY