Thursday, July 4

Leading Lots From Sotheby’s $17 Million Important Watches Auction

Sotheby’s Important Watches Auction In New York Featured The First Patek Philippe Grandmaster Chime … [+] To Market

Sotheby’s

Earning over $17 million, Sotheby’s Important Watches auction concluded today in New York. The sale included a range of watches, from the unusual to the vintage and even the extraordinary; here are a few of the most outstanding lots.

$5.4 Million For Stallone’s Incredible Patek Grandmaster Chime Ref. 6300G-010

Patek Philippe Grandmaster Chime Ref. 6300G-010

Sotheby’s

Lot 57 was undoubtedly the emphasize of the auction, and the anticipation triggered rather the stir. Sylvester Stallone had actually chosen to offer what was described as the finest watch worldwide, Patek Philippe’s Grandmaster Chime. Why he would do such a thing is not what this post is here to talk about, however rather the factor regarding why this watch brought such a costly amount.

Recommendation 6300G is the most complex watch ever produced by Patek Philippe, boasting an overall of 20 various problems, consisting of grande and small sonnerie, minute repeater, alarm with strike time, rapid continuous calendar and a lot more that can’t fit on this page. The watch likewise has a reversible case with 2 independent dials, among which is concentrated on timekeeping and chiming problems, and the other concentrated on the continuous calendar. Over 100,000 hours of research study and advancement entered into the development of the Grandmaster Chime, with the watch boasting an overall of 6 patents.

$564,000 For A Rare Third Series Patek Ref. 2499

Patek Philippe Perpetual Calendar Chronograph Ref. 2499

Sotheby’s

Lot 103 provided us with a great example of the extremely essential Patek Philippe continuous calendar chronograph recommendation 2499, of which just 349 pieces were ever produced over its 35 year life time. This specific example from 1977 formed part of the tail end of 3rd series of production of the recommendation, as it neared the beginning of the 4th and last series simply 3 years later on in 1980.

Cased by Wenger in yellow gold, the design includes robust and much shorter lugs, along with a 37.5 mm size with the essential primary on the within the case back. Like other 3rd series designs, the silvered dial includes a streamlined appearance without any tachymeter and baton hour marker indexes.

It is believed that around 170 examples of the 2499 were 3rd series designs, with simply under 100 of them having actually appeared at auction. In spite of the majority of them cased in yellow gold, this specific piece stays an extremely collectable example of a really crucial Patek Philippe recommendation.

$492,000 For A Rare Patek Diamond Set Nautilus Ref 5711/1300A

Patek Philippe Nautilus Ref. 5711/1300A

Sotheby’s

Lot 56 wasn’t far behind either. Recommendation 5711 has actually constantly been a preferred for Patek collectors, yet there has actually been a substantial variety of various variations throughout the 15 approximately years of its production. Whilst the hierarchy of these designs is rather subjective,

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