Christie’s Dubai Watch Sale Achieves a Record Total of $ 3,316,625

Christie’s Dubai Watch Sale Achieves a Record Total of $ 3,316,625

Adrienne Faurote
By Adrienne Faurote October 25, 2014

Held this Wednesday, 22 October at Jumeirah Emirates Towers, the Christie’s watch sale made a record total of $3,316,625 (AED12,181,963) and, with 152 lots, was the largest ever held in this category in the Middle East.

Harry Winston Christies Dubai

The top lot of the evening was Harry Winston’s Histoire de Tourbillon No. 1, launched in 2009 and crafted with 88 components which sold for $293,000 / AED 1,076,189. Other highlights included a rare Rolex Oyster Perpetual Day-Date Model set in 18-carat gold with diamonds and rubies with sweep centre seconds, day, date and bracelet which sold for a hammer price of $35,000 up from a high estimate of $30,000. As stunning lady’s high jewelry watch by Audemars Piguet in 18-carat gold and a diamond-set watch made in circa 1997 sold for a hammer price of $70,000 – its high estimate. A striking fine platinum and titanium Hublot watch with diamonds and black diamond-set automatic chronograph wristwatch with date sold for a hammer price of $24,000, just under its high estimate of $25,000.

F P Journe

The last lot of the sale was a F.P. JourneChronomètre Bleu BYBLOS offered by Mr. Claude Sfeir to benefit the Rashid Centre for Disabled in Dubai which sold for $120,000 / AED440,760.

“There was global participation in our sales this week, consolidating Dubai’s position as one of Christie’s major global selling centers,” said  Michael Jeha, Managing Director for Christie’s in the Middle East. Bids were received online from around the world including Macau, Taiwan, America, the UK and China. This season’s sales saw the highest volume of bids online than ever before.

For more information, visit www.christies.com