Important Watches at Sotheby's New York - Auction 10 December - Public Exhibition Opens This Saturday Our Coverage Sponsored by Stribling and Associates
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Sotheby’s upcoming New York auction ofImportant Watches will be held on 10 December 2013, with a public exhibition opening this Saturday, 7 December, in Sotheby’s York Avenue galleries.
AUCTION HIGHLIGHTS
Patek Philippe
A Highly Important and Rare Yellow Gold Perpetual Calendar Chronograph Wristwatch with Register and Moon-Phases
Ref 2499 Mvt 869359 Case 2637700, Made in 1968
Estimate $250/350,000
Produced from 1950 until 1985, Ref. 2499 is recognized as one of the most important wristwatches made by Patek Philippe, holding a distinguished place among the firm's exceptional perpetual calendar chronograph wristwatches. The present example has remained in the same collection for over 30 years.
Patek Philippe
A Fine Platinum and Diamond-Set Perpetual Calendar Split-Seconds Chronograph Wristwatch with Moon Phases and Registers
Ref 5004p Mvt 3275015 Case 4238916, Made in 2006
Estimate $200/250,000
The selection of modern wristwatches by Patek Philippe is led by this Ref. 5004 wristwatch, the ultimate example of understated horology. Composed of 407 parts, the watch ingeniously combines a split seconds chronograph and perpetual calendar functions.
Vacheron Constantin
An Extremely Rare and Important Large Yellow Gold Minute Repeating Wristwatch with Two-Tone Dial
Ref 4261 Mvt 501909 Case 328060, Made in 1954
Estimate $125/175,000
Offered for the first time at auction, this highly important minute repeating wristwatch is noted for its striking two-tone dial, made more unusual and rare by the configuration and choice of hour markers. According to Sotheby’s research, the present timepiece may be unique within the coveted Ref. 4261 genre, of which it is estimated that fewer than 40 examples exist.
Property of an American Family
Charles Frodsham & Co.
A Previously Unknown Yellow Gold Open-Faced Minute Repeating Split Seconds Chronograph Watch with One Minute Tourbillon and
60 Minute Register
No. 09682, 27 South Molton Street, London, Made in 1917
Estimate $100/200,000
This well preserved and previously unrecorded example of the Charles Frodsham/J.P. Morgan Caliber minute repeating split second chronograph tourbillon watch is one of approximately 25 pieces commissioned by John Pierpont Morgan to be given as gifts. This present example was given to Thomas Cochran III (1871-1936) upon becoming a partner at the firms of J.P. Morgan & Co. and Drexel & Co., and has descended in the Cochran family to the present owners.
Rolex
An Extremely Fine and Rare Yellow Gold Automatic Dual Time Zone Wristwatch with Date, Center Seconds, Bakelite Bezel and Bracelet
Ref 6542 Case 424243 GMT-Master, circa 1958
Estimate $80/120,000
When Ref. 6542 – the first GMT-Master – was released in 1954, it became the official timepiece of Pan-Am Airlines, who had approached Rolex to create a watch that could easily tell the hour in two different time zones. The present example, which incorporates the rarely seen material Bakelite in its bezel, is distinguished by warm tones and exceptional condition. The model is typically seen in stainless steel and extremely unusual to find in yellow gold and in such well preserved condition.
Contemporary Classics: A Gentleman’s Passion
Panerai
A Limited Edition Stainless Steel Wristwatch with
8-Day Power Reserve
PAM00203 Op6624 No H131/150 Luminor 1950, Made in 2005
Estimate $70/90,000
The December auction features a collection of timepieces assembled by a single collector with a thoroughly modern and masculine aesthetic. The focused selection of 55 pieces comprises rare and limited series wristwatches, almost all with complications. The highlight of the fine Panerai wristwatches from the collection is the PAM 203, an important 8-Day wristwatch made in just 150 examples. Separate release available
Property from a New York Collection
Patek Philippe
A Fine and Rare Platinum Automatic Wristwatch with Enamel Dial Signed by Anita Porchet in Original Factory Seal
Ref 5077p-030 American Eagle Mvt 5532028 Case 4512500, circa 2011
Estimate $100/150,000
Thirteen pieces from a New York Collection comprise Patek Philippe watches that highlight both the technical and design genius of the firm over the last 25 years. Of the lots offered, four remain in their factory sealed boxes and three in their factory sealed sleeves, including the present example that showcases the master work of enamel artist Anita Porchet. Its dial features an exquisitely rendered American Eagle, a unique design created specifically for the US market.
Patek Philippe
Retailed By Palais Royal, Habana:
An Extremely Rare Yellow Gold World Time Wristwatch
Ref 1415 Mvt 927659 Case 644138 Heures Universelles, Made in 1945
Estimate $80/120,000
As the only known example of Ref. 1415 retailed by the legendary Palais Royal boutique of Havana, Cuba, the present example stands out within the famed genre ofHeures Universelles (‘World Time’) watches by Patek Philippe. When the bezel is rotated so that the home city is at the 12 o'clock position, and the watch is set to the local time zone, the 24-hour indication adjusts automatically so that one can see the current time in 41 world cities. According to Sotheby’s research it is the most important Patek Philippe wristwatch to have been sold in the pre-Revolution Cuban market.
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Sotheby’s has been uniting collectors with world-class works of art since 1744. Sotheby’s became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973) andFrance (2001), and the first international fine art auction house in China (2012). Today, Sotheby’s presents auctions in nine different salesrooms, including New York,London, Hong Kong and Paris, and Sotheby’s BidNow program allows visitors to view all auctions live online and place bids in real-time from anywhere in the world. Sotheby’s offers collectors the resources of Sotheby’s Financial Services, the world’s only full-service art financing company, as well as private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby’s Contemporary Art department, as well as Sotheby’s Diamonds and Sotheby’s Wine. Sotheby’s has aglobal network of 90 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID).
*Estimates do not include buyer’s premium and prices achieved include the hammer price plus buyer’s premium.
