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Results for Christie's (Auctions)

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Buffy’s 5 favourite Only Watch 2023 lots Time+Tide
Jul 15, 2023

Buffy’s 5 favourite Only Watch 2023 lots

Picking out my favourite references for this year’s Only Watch auctions, I was pretty shocked to realise how much my tastes have changed over the last handful of years. Some of these brands I even used to hate, although I won’t be admitting which ones. Only Watch is the perfect chance for brands to change … ContinuedThe post Buffy’s 5 favourite Only Watch 2023 lots appeared first on Time+Tide Watches.

Highlights from the Sotheby’s Important Watches and Fine Watches June sales results Time+Tide
Jun 23, 2023

Highlights from the Sotheby’s Important Watches and Fine Watches June sales results

Sotheby’s hosted their live Important Watches sale on June 9 and their Fine Watches sale ended on June 15 Two Paul Newman-owned Daytona watches headlined the Important Watches Sale and sold for a combined US$2.2m Between the two auctions, total watch sales of US$21.03m were achieved Earlier this month, two Sotheby’s auctions were held with … ContinuedThe post Highlights from the Sotheby’s Important Watches and Fine Watches June sales results appeared first on Time+Tide Watches.

Up Close: The Imperial Patek Philippe Owned by the Last Emperor of China SJX Watches
Patek Philippe Owned May 20, 2023

Up Close: The Imperial Patek Philippe Owned by the Last Emperor of China

With the Geneva auctions just having concluded, the spring sale season now moves to Hong Kong. The biggest event during auction week in the city will undoubtedly The Imperial Patek Philippe Sale, an evening sale that take places at Phillips on May 23. The auction gets its name from the Patek Philippe Calatrava ref. 96QL in platinum once owned by Aisin-Gioro Puyi, the last Emperor of China. Known to the market for several years but now going under the hammer for the first time, the watch might emerge as the year’s most valuable watch sold at auction – or it might not, given the mixed reputation of the final Qing Emperor. But regardless of the value, the Puyi’s Patek Philippe is an exceptionally interesting watch, both intrinsically and in terms of provenance. The provenance Phillips pulled out all the stops in marketing The Imperial Patek Philippe Sale, no doubt an attempt to reach an audience beyond watch collectors. While the ref. 96QL is an exceedingly rare watch – and worth millions on its own – the provenance of this example is bona fide “Imperial”. The story of the watch is ably told in a documentary produced by Phillips especially for the auction. The 17-minute film explains how the life and times of Puyi, his fascination with timepieces, and importantly, how the ref. 96QL ended up in the possession of a Russian translator. Amongst the interviewees in the film is Russell Working, an American journalist who once profiled the Russian translator, Georgy Pe...

Highlights: A. Lange & Söhne at Phillips’ Hong Kong SJX Watches
A. Lange & Sohne May 19, 2023

Highlights: A. Lange & Söhne at Phillips’ Hong Kong

Having seen covered the best of independent watchmaking as well as notable complications and artisanal timepieces in Phillips’ upcoming Hong Kong Watch Auction: XVI, we turn to highlights from one brand: A. Lange & Söhne. Long a brand somewhat under the radar and appreciated only by enthusiasts, Lange started to pick up in desirability over the last three years, resulting in record prices at auction for rare or sought-after models. Consequently, Lange offerings at auctions in general have risen in quantity – but also quality with more and more unusual timepieces coming to market. The Phillips catalogue includes 16 Lange wristwatches and we pick out some of the best, including the 1815 Tourbillon Handwerkskunst to an unusual Little Lange 1 Soirée with a bezel set with pink sapphires. Registration for bidding and the catalogue can be found here. The 1815 Tourbillon Handwerkunst Lot 817: A. Lange & Söhne Zeitwerk (first generation) Now discontinued in favour of the updated version, the original Zeitwerk is arguably one of Lange’s most important watches. It remains one of the few digital-display watches even over a decade after its launch in 2009 – and is probably the most mechanically robust and reliable.  This example is in white gold with a black dial, a high-contrast combination that made it the bestselling iteration of the first-generation models. It was the only version with a dark-colour dial; the other versions, namely yellow gold, pink gold, and platinum, ...

Daniel Roth is back with the Tourbillon Souscription (and LVMH) Time+Tide
Daniel Roth Mar 26, 2023

Daniel Roth is back with the Tourbillon Souscription (and LVMH)

How about it? After years of rumours and months of teasing, we were finally presented with the model that will spearhead Daniel Roth’s revival, aptly chosen to be a Tourbillon Souscription. We’ve seen the Daniel Roth name pop up in numerous auctions (here and here, for example), building up the hype, which I may or … ContinuedThe post Daniel Roth is back with the Tourbillon Souscription (and LVMH) appeared first on Time+Tide Watches.

Hands-On: Patek Philippe Ref. 5004J-017 “Michael Ovitz” SJX Watches
Patek Philippe Ref 5004J-017 “Michael Ovitz” Nov 26, 2022

Hands-On: Patek Philippe Ref. 5004J-017 “Michael Ovitz”

Going on the block at Christie’s upcoming Hong Kong auction is the Patek Philippe ref. 5004J “Michael Ovitz”. It’s lot 2520 and one of the watches from The Triazza Collection, an impressive accumulation of watches owned by a prominent Hong Kong businessman. The collection is heavy on Patek Philippe. Amongst the other timepieces in the collection is the Patek Philippe tourbillon pocket watch that won first prize at the Geneva Observatory in 1931 (which is also being offered in the same auction) and the Patek Philippe ref. 2499 that once belonged to Eric Clapton (but is not for sale, yet). “MSO” – Michael Steven Ovitz The “MSO” initials on this ref. 5004J instantly reveal it was one of the many, I would two dozen at least, special-order watches that Patek Philippe made for Michael Ovitz starting in 2011. Often described as a “super agent”, Mr Ovitz cofounded Creative Artists Agency (CAA), once the dominant talent agency in Hollywood. After a short-lived spell at Disney, he’s now known for his impressive art collection, some of which is on show in his equally impressive home in California. Though the reason behind Patek Philippe’s accommodation of Mr Ovitz is not publicly known, industry lore has it that the watches were an expression of gratitude by the Sterns after Mr Ovitz assisted them in a significant way. Mr Ovitz has only commented on these watches publicly once, in a 2021 article in Robb Report: “It was the first time Ovitz, who has be...

Audemars Piguet raise $1.1m for charity with the Royal Oak “One Drop” Time+Tide
Audemars Piguet raise $1.1m Nov 14, 2022

Audemars Piguet raise $1.1m for charity with the Royal Oak “One Drop”

Charity auctions can often be some of the watch world’s most exciting events, as brands stretch their creativity for one-off watches that are instantly collectible. Audemars Piguet certainly delivered at the La Cuvée One Drop 2022 event with their Royal Oak Selfwinding Chronograph “One Drop” raising US$1.1m. Hosted in Las Vegas, the proceeds go towards … ContinuedThe post Audemars Piguet raise $1.1m for charity with the Royal Oak “One Drop” appeared first on Time+Tide Watches.

Phillips Stages Largest-Ever Watch Preview Exhibition in Singapore SJX Watches
Patek Philippe ref 2499 Oct 12, 2022

Phillips Stages Largest-Ever Watch Preview Exhibition in Singapore

With the fall auction season about to begin, Phillips will soon open its preview exhibition in Singapore, the largest of its kind to date. The exhibition is an expansive assembly of 210 watches encompassing highlights from the Geneva, Hong Kong, and New York auctions. Amongst the watches on show are a few of the most important watches that will be sold this year, a few of which will undoubtedly set records when they go under the hammer. Independent watchmaking is strong represented with watches like the George Daniels Spring Case Tourbillon, not one but two examples of the Philippe Dufour Simplicity, and of course several early or limited edition F.P. Journe watches. The Simplicity from the Geneva auction, a recent example in white gold made after the first 200 pieces And from the Hong Kong auction, a Simplicity also in white gold but from the original 200-piece edition The selection from establishment brands is equally varied and impressive. It includes Geneva’s Lange 1815 Chronograph “Hampton Court Edition”, a one-off made to benefit charity, and from the Hong Kong sale a crisp first-series Patek Philippe ref. 2499 in yellow gold. The engraved, hinged back of the 1815 Chronograph “Hampton Court” The first series ref. 2499 The preview exhibition in Singapore takes place at the St. Regis Singapore from October 13-15. It’s open to the public from 11:00 am to 7:00 pm daily. The St. Regis Singapore 29 Tanglin Rd Singapore 247911 This was brought to you in partner...

Why I Bought It: Vacheron & Constantin Reference 4560 Triple Calendar - Reprise Quill & Pad
Vacheron Constantin Sep 11, 2022

Why I Bought It: Vacheron & Constantin Reference 4560 Triple Calendar - Reprise

Oh, those Geneva auctions! While GaryG's intention is usually to browse the rare pieces on offer, gain an education from his auction-house friends and escape unscathed, it seems that more often than not there is a piece that puts him into bidding mode. And sometimes that piece is entirely unanticipated as was the case of the Vacheron & Constantin Reference 4560 triple calendar that he stumbled across at a Sotheby’s preview. Here is why he bought it.

The biggest mistakes you can make when buying vintage Rolex (and how to avoid them) Time+Tide
Rolex Aug 7, 2022

The biggest mistakes you can make when buying vintage Rolex (and how to avoid them)

EDITOR’S NOTE: Jeff Hess is one of the world authorities on Rolex. As CEO of Duber Time and owner of Old Northeast Jewellers and Hess Fine Auctions, he’s bought vintage Rolex for almost 40 years and is the co-author of Rolex Wristwatches: An Unauthorized History (Schiffer Publishing). Here he explains some of the most common pitfalls you’ll face … ContinuedThe post The biggest mistakes you can make when buying vintage Rolex (and how to avoid them) appeared first on Time+Tide Watches.

To exhibit, or not exhibit, quartz movements? Your answers to the question Time+Tide
Jul 4, 2022

To exhibit, or not exhibit, quartz movements? Your answers to the question

Snobbery is an unfortunate element, at times, within the watch community. Fortunately, there are many moments where #watchfam comes together - charity auctions for Ukraine and breast cancer are just a few examples. But on social media, where much of the dialogue surrounding watches happens these days, sometimes you need to bring a riot shield to … ContinuedThe post To exhibit, or not exhibit, quartz movements? Your answers to the question appeared first on Time+Tide Watches.

Business News: Sam Hines Joins Online Auctioneer Loupe This SJX Watches
Cartier Crash “London” Jun 14, 2022

Business News: Sam Hines Joins Online Auctioneer Loupe This

A watch auction veteran who has had stints at all the major auction houses – Sotheby’s, Christie’s, and Phillips – Sam Hines has just been named managing director of Loupe This, the online-only watch auction platform that was established last year. Mr Hines will be based in Hong Kong, where he will oversee the soon-to-open Loupe This operation in the city. Unlike traditional auctioneers that hold seasonal sales with the online sales in-between, Loupe This has auctions opening and closing every weekday. In the 12 months it’s been in operation, Loupe This has sold over US$15 million of watches, including major lots like a 1967 Cartier Crash “London” that sold for over US$1.5 million. Now also a shareholder in Loupe This, Mr Hines (pictured above left) joins cofounders Eric Ku (centre) and Justin Gruenberg (right), who are both prominent vintage watch dealers in the United States. Having turned a teenage hobby into a profession, Mr Ku got his start as a specialist in vintage Rolex, though he has since diversified into other genres of collectible watches as well as watch restoration and repair. Mr Gruenberg, on the other hand, had watches in his blood, having been born into the business; his father, Donald, was a major vintage watch dealer since the 1980s. The record-setting 1967 Crash that sold on Loupe This in June 2022 The pair decided to form Loupe This to cater to the increasing and unending demand for watches. “The appetite for watches is all year long,...

EDITOR’S PICK: An owner’s guide on whether the Rolex Oyster Perpetual deserves the hype Time+Tide
Rolex Oyster Perpetual deserves May 15, 2022

EDITOR’S PICK: An owner’s guide on whether the Rolex Oyster Perpetual deserves the hype

EDITOR’S NOTE: Around the watch world, there was a collective “WTF” exhalation this week at the news that two colourful dialled Rolex Oyster Perpetuals had each sold at Christie’s for over CHF 50,000 apiece (read Zach’s story about it all here). Hand-wringing over the prices of such hype pieces is understandable. But if you managed … ContinuedThe post EDITOR’S PICK: An owner’s guide on whether the Rolex Oyster Perpetual deserves the hype appeared first on Time+Tide Watches.

Obituary: Giovanni Zavota, Vintage Watch Dealer (1952-2022) SJX Watches
Patek Philippe ref 2481 Jan 21, 2022

Obituary: Giovanni Zavota, Vintage Watch Dealer (1952-2022)

A distinctive gentleman whose trademark outfit always called for multiple scarves looped around his neck, Giovanni Zavota was one of the old-school Italian dealers who shaped vintage watch collecting of the late 20th century, having sold some of the most important wristwatches – amongst them a steel ref. 1518 and the platinum ref. 2499. He passed away on 15 January, aged 69. I would see him each time I went to Geneva for the auctions and he was clearly an original character. He was most comfortable conversing in Italian, which I speak none of, so we only spoke briefly a few times. But one occasion that stands out in my memory is when I encountered him in Italy and he was wearing a Patek Philippe ref. 2481 with a cloisonné dial – and a matching bracelet – on one wrist, and on the other he had on a crisp and enormous Longines Lindbergh. Two watches of different style and disparate value, yet each interesting and important in its own way – a sure sign the man had good taste and understood historical significance. Giovanni Zavota. Photo – Auro Montanari A testament to his place in the world of vintage watches – specifically the pre-internet world – was the turnout at his funeral, which took place on January 18 in Collecchio, a small town just south of Parma where he had spent his summers as a boy. Almost a hundred people turned up, including family and old friends, but also a large contingent that exemplified the Italian-centric, late-20th century world of vinta...

Three Vintage Watches Worth Knowing About at Phillips Hong Kong SJX Watches
Patek Philippe ref 3448 Nov 20, 2021

Three Vintage Watches Worth Knowing About at Phillips Hong Kong

Independent watchmaking may be the flavour du jour at auctions now, but there are still vintage watches worth paying attention to. Phillips’ upcoming Hong Kong sale includes three of them, including an impressively crisp Rolex Daytona “John Player Special” (above) as well as the unique Patek Philippe ref. 3448 in platinum with sapphire hour markers – both of which will be million-dollar watches in US dollar terms (or ten-million dollars in Hong Kong currency). The last watch of the trio, a 1930s Tank Cintree in white gold, is the most elegant. And its seemingly new condition merits reflection: what is a skilfully and sympathetically restored watch worth? The Hong Kong Watch Auction: XIII takes place on November 25 (for lots 801-852) and November 26 (lots 853-1106). The full catalogue and registration for bidding are available on Phillips.com. Lot 819 – Rolex Daytona ref. 6241 “JPS” With the market for vintage sports watches having plateaued since it peaked in 2018 and 2019, prices have mostly softened across the board. That said, a handful of models still achieve impressive prices, most notably the Rolex Daytona “John Player Special”, or “JPS” for short. That’s because the solid-gold, manual-wind Daytona is an intrinsically rare watch – it is estimated that a few hundred exist as opposed to thousands in steel – and even less common with the “JPS” dial. Perhaps the most striking version of the “Paul Newman” Daytona, the “JPS” nickna...

Audemars Piguet, FPJ, H. Moser & Cie, and Zenith achieve record breaking results at Only Watch 2021 Time+Tide
Audemars Piguet FPJ H Moser & Nov 9, 2021

Audemars Piguet, FPJ, H. Moser & Cie, and Zenith achieve record breaking results at Only Watch 2021

Luxury watches can command exorbitant price tags at charity auctions and when piece uniques are on the table, the bidding wars inevitably heat up. We saw this recently during the Pink Dial Project auction, which Time+Tide was proud to be a partner of, and the trend continued at Only Watch, one of the largest recurring … ContinuedThe post Audemars Piguet, FPJ, H. Moser & Cie, and Zenith achieve record breaking results at Only Watch 2021 appeared first on Time+Tide Watches.

Business News: Watchbox Forecasts 2021 Revenue to Cross US$300m SJX Watches
De Bethune Oct 6, 2021

Business News: Watchbox Forecasts 2021 Revenue to Cross US$300m

Having been founded in 2017 as a spinoff from authorised retailer Govberg Jewelers, Watchbox has swiftly grown into one of the biggest sellers of pre-owned watches globally. Having started life with a US$100m capital infusion from a Singapore-based private equity outfit, the company has just announced 2021 sales will cross US$300m, thanks to growth projected to top 40%. For comparison, that is approximately equivalent to the annual watch sales of the major auction houses, namely Christie’s, Phillips, and Sotheby’s. The announcement comes just weeks after Watchbox took a majority stake in De Bethune, a respected independent watchmaker that nonetheless struggling for most of its existence, but is now on a sounder financial footing. At the same time, the financial resources available to Watchbox indicate that its investment in De Bethune might be the first of several such acquisitions. At the same time, the Philadephia-based company announced an expansion of its store network, which currently includes outposts in Dubai (pictured above), Hong Kong, and Singapore. It plans eight new stores in 2022, with five located in the United States, followed by Zurich, Riyadh, and Tokyo.  

Singer Reimagined Introduces the Track 1 DLS Edition SJX Watches
Aug 20, 2021

Singer Reimagined Introduces the Track 1 DLS Edition

Having just concluded, Monterey Car Week was a series of shows and auctions, concluding with the Pebble Beach Concours d’Elegance. The week was the venue for Porsche 911 specialist Singer Vehicle Design to exhibit the DLS for the first time in the United States. Launched in 2018, the DLS is a Porsche 964 that’s been entirely remade to be ultra-light and ultra-aerodynamic. To go along with the car, Singer Reimagined rolled out the Track 1 DLS Edition. It’s a new take on Singer’s trademark central chronograph, reimagined to be, well, ultra-light, while retaining its recognisable case design and thoroughly original Agenhor movement. Initial thoughts Because it combines a distinct, retro design along with a truly ingenious movement, I like the Track 1 (and I own another version of the watch). The DLS is essentially a condensed version of the same thing – and it’s cool. The aesthetic is pared-back just enough, while the composite case is an interesting novelty. Though the material is common in watchmaking, it’s a first for Singer. The only shortcoming I can uncover is a philosophical one: the DLS Edition echoes its namesake automobile with lightweight materials, but unlike the car, it doesn’t make any functional changes. The movement is identical to that of the standard model, but it is admittedly an excellent and innovative movement. Still, all that’s a moot point given that the watch is only available to owners of the car, of which there will be just 75. ...

Why I Bought It: Vacheron & Constantin Reference 4560 Triple Calendar - Reprise Quill & Pad
Vacheron Constantin Jun 20, 2021

Why I Bought It: Vacheron & Constantin Reference 4560 Triple Calendar - Reprise

Oh, those Geneva auctions! While GaryG's intention is usually to browse the rare pieces on offer, gain an education from his auction-house friends and escape unscathed, it seems that more often than not there is a piece that puts him into bidding mode. And sometimes that piece is entirely unanticipated as was the case of the Vacheron & Constantin Reference 4560 triple calendar that he stumbled across at a Sotheby’s preview. Here is why he bought it.

Up Close: Patek Philippe Ref. 2523 World Time Cloisonne “Eurasia” SJX Watches
Patek Philippe Ref 2523 World Time Apr 22, 2021

Up Close: Patek Philippe Ref. 2523 World Time Cloisonne “Eurasia”

The upcoming spring auction season is bringing with it a surprising number of vintage Patek Philippe world time wristwatches. Christie’s will be offering three of them during its evening sale on May 22, including the famed and unique ref. 1415 HU in platinum that once held the record of most expensive watch in the world when it last sold publicly in 2002 and achieved CHF6.6 million including fees. Phillips, on the other hand, will be offering the Patek Philippe ref. 2523 “Eurasia” publicly for the very first time. Long owned by an Italian collector until it was acquired by the present owner in the mid 1990s, this ref. 2523 is one of just three known with a cloisonné dial bearing the “Eurasia” map – and it is in strikingly fine condition. I put it on my wrist during the preview exhibition, and the watch is gorgeous, crisp, and arguably every dollar of the ten or more million it’ll sell for. The hallowed complication Despite not being amongst the most complicated watches Patek Philippe made in the 20th century, its world-time wristwatches (and also pocket watches) are amongst the brand’s most coveted and valuable timepieces. Well before the platinum ref. 1415 HU set a record in 2002, examples of the ref. 2523 with cloisonné dial were regularly selling for well over US$1 million at auction in the 1990s – and are the inspiration for the today’s world-time models, including the recent ref. 5231J. The fact that the world-time was a favourite of Osvaldo Patr...

Czapek and Arab Watch Club Introduce the Place Vendôme “Al Kanz” SJX Watches
Czapek Oct 13, 2020

Czapek and Arab Watch Club Introduce the Place Vendôme “Al Kanz”

A collaboration between Arab Watch Club and Czapek to create a one-off wristwatch that will benefit a good cause has reach fruition. Inlaid with an unusual green mineral, the Place Vendôme “Al Kanz” is decorated with engraved motifs inspired by Middle Eastern culture. Al kanz, or أل كنز, is Arabic for “the treasure”, and the namesake watch will be exhibited in Dubai later this month before being sold at Christie’s online auction in November, with all proceeds going to the Emirates Foundation, a charity established by the government of Abu Dhabi. Initial thoughts One-off watches created for charity auctions make sense, since they benefit both the watchmaker and a worthy cause, which in this case is an organisation focused on youth in the region. The brainchild of Hassan Akhras, founder of Arab Watch Club (AWC), the Al Kanz is a thoughtful collaboration that has resulted in a striking watch. The use of zoisite adds new colour to the watch, with the bright green mineral rings highlighting the architecture of the movement. In fact, the stock version of the Place Vendôme is a bit too plain, while this version is livened up just enough. Although the green and aubergine accents are striking, they are relatively restrained so the overall appearance remains classical and clean. What’s new The highlight of the Al Kanz is definitely the dial. The additional of colour and texture to the sub-dials immediately set it apart from the standard Place Vendôme models ...

Sotheby’s Masterworks Of Time Part Three Is Dedicated To Treasures From Breguet’s Workshop And Other Historical Delicacies (Updated With Results) Quill & Pad
Breguet s Workshop Jun 1, 2020

Sotheby’s Masterworks Of Time Part Three Is Dedicated To Treasures From Breguet’s Workshop And Other Historical Delicacies (Updated With Results)

Following part one and two of this series of auctions, the third in this four-part series by Sotheby’s called Masterworks of Time is entitled "Abraham-Louis Breguet, Horologist Extraordinaire." Extraordinarily, this auction comprising only pocket watches by Breguet and other masters will take place online, beginning on June 3, 2020 at 4:00 pm CET.

RECOMMENDED READING: An interview with one of the world’s foremost vintage Patek Philippe collectors Time+Tide
Patek Philippe collectors John Reardon Jan 14, 2020

RECOMMENDED READING: An interview with one of the world’s foremost vintage Patek Philippe collectors

John Reardon is one of the world’s foremost experts on collectible vintage watches, having recently left his position as Christie’s International Head of Watches, and one of the areas he is most passionate about is vintage Patek Philippe. So what better way to express that passion and put his wealth of knowledge to good use … ContinuedThe post RECOMMENDED READING: An interview with one of the world’s foremost vintage Patek Philippe collectors appeared first on Time+Tide Watches.