by Kyle Stults on June 25, 2014
This Rolex Ref 6034, a “pre-Daytona” chronograph in pink gold, was once owned by legendary musician — and watch collector — Eric Clapton. And it will hit the auction block just 3 days from now, in Auctionata’s “Patek Philippe and Rolex Only” online sale. I wrote a short review of this Rolex 6034 watch for Bob’s Watches, you can read it here>>>
by Kyle Stults on June 12, 2014
Sotheby’s New York “Important Watches” sale earlier this week (June 10th) was led by a piece of watchmaking history: Patek Philippe’s First Split-Seconds Chronograph Wristwatch, which was started in 1903 and completed and sold on 13 October 1923. It sold to a Swiss museum at a price of $2,965,000 – more than double its $1.2 million high estimate. This price is just shy of Sotheby’s top result ever for a wristwatch — The Henry Graves, Jr. Yellow Gold Minute Repeating Wristwatch by Patek Philippe that sold for $2,994,500 in 2012.
by Kyle Stults on May 22, 2014
At Sotheby’s auction “Important Watches”, held in Geneva on 14th May 2014, the all-time record for sale of a Panerai watch was set. An extremely rare example of a stainless steel Luminor from 1955 was acquired by a Panerai enthusiast who bid the record sum of CHF 425,000 (approx. $478,000 / €348,000). This extremely rare and historical reference 6152/1 — distinguished by its transparent, removable polycarbonate bezel and Rolex caliber 618 — was unknown until recently when it was rediscovered by scholars and especially through the research of Dino Zei, ex -Chairman of Panerai SPA, before the Florence based company was bought by the Richemont Group. It was owned by descendants of an accomplished Italian Navy Admiral.
by Kyle Stults on May 14, 2014
This piece sold for nearly 2x its pre-sale estimate. And the incredibly robust secondary market for high-end watches ticks on.
According to Antiquorum which sold the watch:
Received as a gift from two of his friends, who purchased the watch at Gobbi Milano in 1967, the original owner didn’t like the watch much. He wore it on extremely rare occasions and throughout his life, according to his family the watch was only serviced twice. Part of the celebrated third series of 2499′s, this example features the nice feuille hands as often seen on earlier examples rather than the more common dauphine hands. Worn very little for the obvious reasons cited above, the watch has remained in close to new condition. Its lugs are extremely thick, two beautiful crisp and clean hallmarks on the outer side of the case, a sparkling movement and amazingly the original owner kept the original box and certificate. A rare, almost unique opportunity to acquire one of the nicest third series ever to appear at auction and fresh to the market. Property of the family of the original owner.