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Results for Sotheby's (Auctions)

872 articles · 20 videos found · page 13 of 30

Editorial: The Geneva Auction Season, November 2022 SJX Watches
F.P. Journe Nov 12, 2022

Editorial: The Geneva Auction Season, November 2022

A much-anticipated series of auctions just concluded in Geneva, the first sale season to take place after financial markets started to crack in mid 2022. All the major auction houses – Christie’s, Phillips, and Sotheby’s – staged sales in the Swiss city, and almost everyone who was anyone turned up (or took part by phone or online). The season’s top performer by the numbers was Christie’s, which sold CHF55.5 million of watches, fees included, largely thanks to the collection of former Ferrari Formula 1 chief Jean Todt. It displaced the traditional number one, Phillips, which sold CHF45.0 million. The Phillips auction at La Reserve. Image – Phillips A few takeaways are immediately apparent in the results. One was widely expected: “hype” watches have come off their highs, often by a third or more. Including obvious candidates like sports watches, namely the Nautilus, Royal Oak, and Overseas, but also brands that enjoyed massive run-ups in value during the pandemic like F.P. Journe. Values are still up from the pre-pandemic lows, but if prices overcorrected on the way up, then it is likely they will do so on the way down. Sotheby’s, for instance, had several dozen examples of various Nautilus and Royal Oak models in its sale, mostly with estimates close to peak values from late 2021. As a result, a third of the watches went unsold. The dip in values was also evident with F.P. Journe, certainly not a “hype” brand but one that enjoy a stellar run during ...

Pandemic Buying: A Plethora Of Auction Watches Hammering For More Than A Million In 2020 And 2021 – And, Yes, Most Were By Patek Philippe Quill & Pad
Patek Philippe Jul 6, 2021

Pandemic Buying: A Plethora Of Auction Watches Hammering For More Than A Million In 2020 And 2021 – And, Yes, Most Were By Patek Philippe

At watch auctions by Phillips, Christie’s, and Sotheby’s held in 2020, the first year of the pandemic, 22 timepieces hammered for more than one million Swiss francs. And to date in 2021, there have been (at least) 13 watches selling for more than one million Swiss francs. Elizabeth Doerr highlights the top auction results of the pandemic era so far, and, yes, Patek Philippe still reigns supreme.

8 watches that might just be sub-$10k bargains at Phillips Geneva Watch Auction XII Time+Tide
Nov 5, 2020

8 watches that might just be sub-$10k bargains at Phillips Geneva Watch Auction XII

Let’s face it, watch auctions can be a little bit intimidating. The big players in the watch game are centuries-old organisations, with Christie’s and Sotheby’s both pre-dating the First Fleet sailing into Botany Bay, and Phillips only eight years younger, being founded in 1796. All this history, the seven-figure headline lots and the sometimes confusing … ContinuedThe post 8 watches that might just be sub-$10k bargains at Phillips Geneva Watch Auction XII appeared first on Time+Tide Watches.

SJX Podcast: Geneva Auction Preview SJX Watches
Patek Philippe worldtime ref 2523 23h ago

SJX Podcast: Geneva Auction Preview

The spring auction season gets underway in Geneva in just a few days. On episode 39 of the SJX Podcast, we look at some of the top lots that caught our attention at Phillips, Christie’s, Sotheby’s, and Antiquorum, including a cloisonné enamel Patek Philippe worldtime ref. 2523, an Akrivia AK-06, and several notable pocket watches from names like Frodsham, Kullberg, Ditisheim, Patek Philippe, and A. Lange & Söhne. Auction dates (in order): Phillips: May 9 & 10 Antiquorum: May 9 & 10 Sotheby’s: May 10 Christie’s: May 11 & 12 Listen now on Apple Podcasts, Spotify, and YouTube.  

Auction: Citizen 100th Anniversary Pocket Watch No. 001 for Charity SJX Watches
Citizen 100th Anniversary Pocket Watch Dec 2, 2024

Auction: Citizen 100th Anniversary Pocket Watch No. 001 for Charity

Soon to go on the block at Sotheby’s upcoming New York sale is the very first Citizen 100th Anniversary Special Limited Edition Pocket Watch, numbered “001/100” on the case back. The penultimate lot in the sale that will take place on December 6, the pocket watch is being sold to benefit 1% for the Planet, the environmental charity whose founders include the entrepreneur who established outdoor clothing brand Patagonia. Included with the pocket watch is a special edition copy of Citizen: The Essence of Time, a book that details the brand’s history over the past century. The book is numbered “001/100” to match the watch. The cal. 0270 Launched earlier this year to mark the centennial of Citizen’s first-ever watch, the anniversary pocket watch was inspired by the original 1924 timepiece. Though it has a vintage-inspired aesthetic, the pocket watch is entirely modern in construction and materials. The delicately textured dial is made via electrodeposition, while the case is polished titanium. More notably, the case houses the in-house cal. 0270, a newly developed manual-wind movement with a sophisticated construction that includes a free-sprung balance. After the automatic cal. 0200, this is the second mechanical movement unveiled by Citizen, continuing its progress in developing a stable of high-end in-house calibres. (We reviewed the pocket watch in detail last month.) Estimated to sell for around US$10,000-15,000, the pocket watch “001/100” will be sold a...

A Space-Flown Omega Speedmaster And Glove Up For Auction On December 3rd Fratello
Omega Speedmaster Nov 26, 2024

A Space-Flown Omega Speedmaster And Glove Up For Auction On December 3rd

Now here is something special! A space-flown Omega Speedmaster Professional 3570.50 and the EVA (Extra-Vehicular Activity) glove it was worn over in space will be up for auction on December 3rd at Koller Auctions in Zurich, Switzerland. Cosmonaut Padalka’s space-flown Omega Speedmaster and EVA glove This watch was on the wrist of cosmonaut Gennady Padalka […] Visit A Space-Flown Omega Speedmaster And Glove Up For Auction On December 3rd to read the full article.

Highlights: Phillips Geneva Online Auction Fall 2024 SJX Watches
Seiko Izul “bullhead” chronograph We Sep 8, 2024

Highlights: Phillips Geneva Online Auction Fall 2024

The fall auction season kicks off with online auctions, before the primary live sales that take place in November. Phillips in Geneva just opened its online auction with a 70-lot offering of the familiar and mainstream (think Aquanaut, Royal Oak, and Nautilus), but also the esoteric and independent, ranging from an Alain Silberstein perpetual calendar made by Svend Andersen to a Seiko Izul “bullhead” chronograph. We round up a few highlights from the sale, which runs from September 5-12, 2024, with the catalogue and bidding available online. Lot 9 –  Alain Silberstein Marine Perpetual Calendar by Svend Andersen Part of Alain Silberstein’s Marine series of dive watches, the Marine Perpetual is a COSC-certified perpetual calendar in a case rated to 200 m. It’s equipped with a clever, double-sided perpetual calendar movement developed by Svend Andersen. Built on an ETA 2892, the perpetual calendar has a minimalist display with only the date on the dial that’s decorated in Silberstein’s trademark style with geometric shapes, primary colours, along with a starfish, crescent, and sun. On the reverse is the months and leap year in a single register that is mounted on the periphery of the movement, allowing the rotor to travel below the indicator. The Marine Perpetual was a limited edition of 100 watches, though it is likely fewer were made, since they are rarely encountered. It was one of several collaborations that Alain Silberstein in the 1990s with prominent in...

Sylvester Stallone’s Panerai split-seconds chrono watch worn in The Expendables is up for auction Time+Tide
Panerai split-seconds chrono watch worn Feb 20, 2024

Sylvester Stallone’s Panerai split-seconds chrono watch worn in The Expendables is up for auction

Sylvester Stallone is a well-documented watch collector, and pieces of his going up for auction are by no means an entirely new phenomenon. But, when watches from famous individuals hit the mainstream auction block – Phillips, Sotheby’s, and Christie’s – there is a lot of marketing and PR behind those lots and they inevitably get … ContinuedThe post Sylvester Stallone’s Panerai split-seconds chrono watch worn in The Expendables is up for auction appeared first on Time+Tide Watches.

Happenings at the Geneva Auction Season Fall 2023 SJX Watches
F.P. Journe Nov 7, 2023

Happenings at the Geneva Auction Season Fall 2023

Regarded as a bellwether of the market, the Geneva auction season just concluded with the main players – Phillips, Christie’s, Sotheby’s, and Antiquorum – having staged their sales over four days. Several records were set over the season, including CHF2.1 million for an immaculate Rolex ref. 6062 triple calendar in steel at Phillips, and CHF2.2 million for the George Daniels Millennium also signed by Roger W. Smith, both including fees. Trending one way Despite the record holders, the tone of the season was set by moderating or even weak prices. This was already evident with the most faddish of the “hype” watches last season six months ago. The May auctions saw prices for such watches gap down substantially, reflecting a new reality. Now the same appears to be happening for independent watchmaking – a good thing in my view as it will hopefully shake out the opportunists and no-hopers. The Roger W. Smith Series 2 hammered for CHF400,000 at Phillips (or CHF508,000 with fees), which is below the current retail price for the model and a third below the price of the lower-priced Series 1 that sold in the same venue in May 2023. The Phillips saleroom at La Reserve. Image – Phillips This phenomenon was not unique to Roger W. Smith, with prices gapping down for significant independents like F.P. Journe and Voutilainen. However, these brands remain buoyed by their relative reasonable retail prices, which still remain below recent auction valuations. Even if some exa...