On October 6th, Sotheby’s held an Important Watches auction in Hong Kong featuring a stunning collection of rare and unique timepieces from brands like Patek Philippe and Cartier. When all was said and done, the auction achieved an impressive HK$107.2 million / US$13.7 million, with many lots easily outearning their pre-auction estimates. Here are the five watches that fetched the biggest price tag at the auction.
Lot 2219: Patek Philippe, An Exceptionally Rare Yellow Gold Double Crown World Time Wristwatch With 24 Hour Indication And Fine Guilloché Dial Ref 2523/1
Info: A brilliant example of the World Time mechanism, this exceptionally rare Patek Philippe Ref. 2523-1 was made in 1968 and is one of only 20 such pieces ever made. It features an alluring waved guilloché pattern dial and is one of the most iconic models Patek Philippe has ever produced.
Estimate: 4,000,000 – 5,500,000 HKD
Auction Results: 7,280,000 HKD ($933,333 US)
Lot 22777: Cartier, An Extraordinary And Possibly Unique Lady’s White Gold, Diamond, Sapphire And Onyx-Set Panther Bangle Watch
Info: This bold, elegant timepiece from Cartier features a lithe panther lying across a silver band. The diamond-set piece features emerald-set eyes and a coat made from diamonds and sapphires patterned to mimic a Panther’s print.
Estimate: 1,900,000 – 2,800,000 HKD
Auction Results: 5,120,000 HKD ($656,410 US)
Lot 2428: Patek Philippe, A Very Fine And Rare Limited Edition Yellow Gold Automatic Minute Repeating Wristwatch With Black Dial And Cathedral Gongs Ref 5079J
Info: Produced in 2004 to commemorate the 50th anniversary of George Pragnell Ltd — one of the largest retailers of luxury watches in the United Kingdom — this Patek Philippe was created in a limited edition of only five Ref. 5079 pieces. The minute repeating wristwatch features a “cathedral” gongs that result in a richer, grander chime.
Estimate: 2,400,000 – 3,000,000 HKD
Auction Results: 3,440,000 HKD ($441,026 US)
Lot 2427: Patek Philippe, A Rare And Unique White Gold Perpetual Calendar Split Seconds Chronograph Wristwatch With Leap Year Indication, Moon-Phases And Unusual Salmon Tachymetre Dial Ref 5004G
Info: This Patek Philippe Ref. 5004G boasts a salmon dial with a tachymetre scale, applied white gold Roman and dot numerals, and three subsidiary dials for constant seconds, 24-hour indication, 30-minute register with leap-year display and date with fan-form aperture for moon-phases.
Estimate: 2,000,000 – 2,800,000 HKD
Auction Results: 3,200,000 HKD ($410,256 US)
Lot 2165: Patek Philippe, An Extremely Fine And Rare Platinum Perpetual Calendar Single Button Split-Seconds Chronograph With Moon Phases, Night/Day And Leap Year Indication Ref 5951P-001
Info: Launched at Baselworld 2010, This rare Patek Philippe ref. 5951 features a sporty and contemporary design, which represents a divergence for a brand that’s usually known for more conservative pieces. Standard time is indicated with leaf-shaped white-gold hands and applied baton-style hour markers. For contrast, short-time measurements are tracked with red hands.
Estimate: 2,500,000 – 3,500,000 HKD
Auction Results: 3,080,000 HKD ($394,872 US)
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