Results: Important Watches - April 23, 2008 Sale of Important Watches achieved the highest total ever for a various owners sale of Watches at Sotheby’s New York, bringing $6,558,451 (est. $5.4/7.9 million).
News-Antique.com - May 07,2008 - Sale Results
New York
Sale N08433 Watches
23 APR 08
Grand Total (Including Buyer's Premium):
$6,588,451 (£3,312,111)*
*HIGHEST TOTAL EVER FOR A VARIOUS-OWNERS SALE AT SOTHEBY’S NEW YORK
Exch Rate: 0.50
Sold by Lot: 81.3%
Lots Offered:235
Sold by Value: 84.5%
Lots Sold/Unsold: 191 / 44
Lot Price (USD)
Estimate (USD) Buyer
166
$505,000 (£253,871)
$100,000 - 150,000
European Private
Rolex. A Stainless Steel Oyster Cosmograph Daytona, Ref. 6263, Albino dial
*RECORD FOR A ROLEX DAYTONA AND ROLEX SPORTS MODEL WATCH
*SECOND HIGHEST PRICE ACHIEVED AT AUCTION FOR A ROLEX WATCH
237
$445,000 (£223,708)
$400,000 - 600,000
American Trade
Patek Philippe. A Gold Automatic Minute Repeating Hinged Wristwatch, ref. 5029J
233
$301,000 (£151,317)
$250,000 - 450,000
European Trade
Patek Philippe. A Large Gold Automatic Perpetual Calendar Wristwatch with Doré Dial and Moon-Phases, Ref. 3488J
236
$265,000 (£133,219)
$200,000 - 300,000
American Trade
Patek Philippe. A Platinum Rectangular Tourbillon Wristwatch with Ten-Day Power Reserve, Ref. 5101P
234
$217,000 (£109,089)
$200,000 - 250,000
American Trade
Patek Philippe. A Gold Perpetual Calendar Chronograph Wristwatch with Register, Moon-Phases, Ref. 3970J
162
$211,000 (£106,073)
$60,000 - 80,000
Asian Private
Rolex. A Rare Stainless Steel Automatic Sweep Seconds Wristwatch, Ref. 6538
35
$163,000 (£81,942)
$125,000 - 175,000
European Private
Jacquet-Droz and Leschot, London. A Gold Enamel and Pearl-set Singing Bird Box, circa 1790
66
$163,000 (£81,942)
$130,000 - 180,000
European Trade
IWC. A Pink Gold Minute Repeating Perpetual Calendar Split Seconds Chronograph Tourbillon Wristwatch with Moon-Phases
37
$163,000 (£81,942)
$50,000 - 70,000
Asian Private
Brugier. A Gold and Enamel Singing Bird Box for the Chinese Market, circa 1840
107
$145,000 (£72,894)
$125,000 - 175,000
American Trade
A. Lange & Söhne, A Limited Edition Gold Tourbillon Wristwatch with Power Reserve, “Pour le Mérite”
Specialist in Charge: Aaron Rich
Aaron Rich, Head of the Watches Department in New York, said, “Today’s sale achieved the highest total ever for a
various owners sale of Watches at Sotheby’s New York. The results demonstrate the strength of the market for modern watches, particularly Patek Philippe, as well as for unusual Rolex sports model watches. Additionally, enamel singing bird boxes in excellent condition were highly sought after. We saw excellent global participation with bidders from Europe, Asia and America.”
Please note all prices include buyer's premium. Sale session totals are net aggregate figures plus premiums. Sotheby's buyer's premium is 25% of the hammer price on the first $20,000, 20% of the hammer price up to and including $500,000, and 12% thereafter on each lot.
**Estimates do not include buyer's premium
