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Jaw-Dropping Phillips Auction Of The Tiffany & Co Double-Signed Patek Philippe Nautilus Ref. 5711/1A-018: Some Deep Thoughts And Wider Implications, Plus Auction Video Quill & Pad
Patek Philippe Nautilus Ref 5711/1A-018 Some Dec 12, 2021

Jaw-Dropping Phillips Auction Of The Tiffany & Co Double-Signed Patek Philippe Nautilus Ref. 5711/1A-018: Some Deep Thoughts And Wider Implications, Plus Auction Video

The Phillips watch auction in New York on December 11, 2021 sold a brand-new Patek Philippe Nautilus Reference 5711/1A-018, double signed “Tiffany & Co”. The hammer fell at a jaw-dropping price of $5.35 million. The buyer’s premium on the sale was an additional $1.153 million. Brendan Cunningham reflects on that auction result and the possible wider implications for the market.

Auction Watch: Patek Philippe 1518 “Pink on Pink” Sells for US$9.57m SJX Watches
Patek Philippe 1518 “Pink Dec 9, 2021

Auction Watch: Patek Philippe 1518 “Pink on Pink” Sells for US$9.57m

Widely regarded as the best “pink on pink” 1518 ever to emerge, the ref. 1518 once owned by Prince Mohammed Tewfik A. “T.A.” Toussoun of Egypt lived up to expectations and then some, having just sold at Sotheby’s in New York for US$9.57 million including fees. While almost 300 ref. 1518s were produced, only about fifth of them were in pink gold, with the majority in yellow gold. And just 14 are “pink on pink” with salmon-toned dials matched with a pink gold case. The 14th “pink on pink” ref. 1518 known, this was consigned by the heirs of the late prince, who passed away earlier this year aged 95. He was a first cousin to the the last King of Egypt, Farouk I. The prince pictured in the 1970s The prince was the original owner of this ref. 1518, which he bought on July 25, 1951 according to the certificate that accompanied the watch – which makes it the only “pink on pink” ref. 1518 with its original certificate. The watch remained in his possession since then, seemingly hardly worn, explaining its near-pristine condition. All those factors combined to create a tremendous interest from bidders, almost a dozen of them, all on the phones with Sotheby’s representatives. Bidding was easy and enthusiastic at the start, with one bidder making a million-dollar jump from two to three million, presumably in an attempt to deter the competition. It didn’t work and though there were just a handful of bidders past the five-million mark, the proceedings contin...

Highlights: George Daniels and Ralph Ellison at Phillips’ New York Auction SJX Watches
Patek Philippe Nautilus ref 5711/1A-018 made Dec 7, 2021

Highlights: George Daniels and Ralph Ellison at Phillips’ New York Auction

While the most high profile lot at Phillips’ upcoming New York sale is surely the Patek Philippe Nautilus ref. 5711/1A-018 made for the 170th anniversary of Tiffany & Co., there are a handful more watches in the sale that are notable for different reasons. One is unquestionably the tourbillon pocket watch George Daniels made for Edward Hornby in 1971 for its sheer horological merit. And another notable watch sits at the opposite end of the spectrum in terms of horological quality – it’s a standard Omega Speedmaster Moon Watch – but it is historically important, having been owned by Ralph Ellison, the novelist best known for Invisible Man. The 2021 New York Watch Auction takes place on December 11 1 (lots 1-81) and December 12 (lots 82-165) at 432 Park Avenue, New York. The rest of the catalogue is available here. Lot 102: George Daniels The Edward Hornby Tourbillon Pocket Watch One of eight similar watches, all equipped with a one-minute tourbillon, this was made in 1971 for Edward Hornby, a lawyer who collected watches. Made during the period of 1969 to 1973, the eight watches were the first of Daniels’ own creations. Almost all were made for English collectors, save for one that Daniels made for his daughter, Sarah Jane, and another for German chemist Thomas Engel. Named after its first owner like all the other watches in the series of eight, the Hornby watch is typical Daniels, and consequently, also very much Breguet in style. Entirely hand made by Daniels,...

Highlights: Contemporary Complications at Phillips’ Hong Kong Auction SJX Watches
Piaget tourbillon Nov 22, 2021

Highlights: Contemporary Complications at Phillips’ Hong Kong Auction

Complicated watches naturally come at a high cost of entry compared with simpler watches, at least at retail. But on the secondary market they can offer compelling value – except for a handful of “hot” watches (and we included one of those in the list too). At the same time, complications are intrinsically appealing because they possess the sheer technical quality that’s a key quality of high-end watchmaking. And there A. Lange & Söhne is no doubt a standout, especially for its watches that are considered benchmarks in their category, like the Datograph and Zeitwerk. So we round up a few highlights amongst the complications at Phillips’ upcoming Hong Kong auction, covering a few value buys and also some star picks by Lange. So the list is diverse, ranging from the ultra-desirable Lange Datograph Lumen to a Piaget tourbillon with a form movement that is technically interesting and definitely strong value. 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. The movement in the Datograph Lumen Lot 833: A. Lange & Söhne Datograph Lumen One of Lange’s trademark complications is the chronograph, simply because it does chronographs so well. It all started in 1999 with the Datograph. It’s still considered a landmark in modern chronographs two decades later for its fine, traditional construction. The model has been offered in s...

Surviving (And Enjoying) The Great Geneva Watch Auction Week Of November 2021: Harbinger Of Boom Or (Imminent) Doom? Quill & Pad
Nov 19, 2021

Surviving (And Enjoying) The Great Geneva Watch Auction Week Of November 2021: Harbinger Of Boom Or (Imminent) Doom?

If you were there, you won’t forget it soon. And if you weren’t, you are still going to be hearing about it for a very long time indeed. GaryG posits that the November 2021 Geneva auction week will be remembered as the point in time at which either the value of collectible watches reached a new plateau from which they only continued to climb or the bubble in prices for pieces from certain makers reached its most outrageous dimensions before deflating or imploding. Here's what happened.

Loupe This to present rare Grand Seiko VFA 6186-8000-G for auction Time+Tide
Patek Philippe Nautilus 5711/014 which secured Nov 4, 2021

Loupe This to present rare Grand Seiko VFA 6186-8000-G for auction

You may have heard a lot about Loupe This these past few weeks. The online auction platform, founded by Eric Ku and Justin Gruenberg, recently hosted the charitable Pink Dial Project Auction, which raised $526,803 USD for the fight against breast cancer. They also auctioned off a generously donated Patek Philippe Nautilus 5711/014, which secured … ContinuedThe post Loupe This to present rare Grand Seiko VFA 6186-8000-G for auction appeared first on Time+Tide Watches.

First Full Set Of Philippe Dufour Watches At Historical Phillips Geneva Watch Auction: XIV: Grande Et Petite Sonnerie (Wristwatch And Pocket Watch), Duality, And Simplicity Quill & Pad
Oct 31, 2021

First Full Set Of Philippe Dufour Watches At Historical Phillips Geneva Watch Auction: XIV: Grande Et Petite Sonnerie (Wristwatch And Pocket Watch), Duality, And Simplicity

In November 2021 collectors have the chance to see (and possibly buy) all four Philippe Dufour watches in one place, making Phillips' Geneva Watch Auction: XIV what could well be the watch auction of the decade. Joshua Munchow takes a look at each of the four Philippe Dufour models on the block and examines why this is likely to leave its mark on the auction world for years to come.

The frankly unbelievable story of a green Nautilus donated to the Loupe This auction site is actually 100% legit Time+Tide
Oct 21, 2021

The frankly unbelievable story of a green Nautilus donated to the Loupe This auction site is actually 100% legit

It’s the kind of anecdote that immediately causes the eyes to squint, and all internal radars for shadiness sweep madly across the story points. A consignor sends an email to Eric Ku and Justin Gruenberg, founders of Loupe This, an online watch auction platform that we’ve covered here, saying that he wanted to “let go” of … ContinuedThe post The frankly unbelievable story of a green Nautilus donated to the Loupe This auction site is actually 100% legit appeared first on Time+Tide Watches.

Only Watch 2021: F.P. Journe, H. Moser & Cie, And Urwerk Unique Pieces On Auction (Video) Quill & Pad
F.P. Journe H Moser & Cie Oct 20, 2021

Only Watch 2021: F.P. Journe, H. Moser & Cie, And Urwerk Unique Pieces On Auction (Video)

Our pals at The Watches TV went hands on with three of the unique timepieces on offer at the upcoming Only Watch 2021, which takes place on November 6, 2021. The unique watches featured are the F.P. Journe x Francis Ford Coppola FFC Blue, the Moser Streamliner Cylindrical Tourbillon Only Watch, and the Urwerk UR-102 Gaïa. Enjoy this rare treat!

The Pink Dial Project auction lot overview: The indies, micros, and sleeper hits Time+Tide
Oct 17, 2021

The Pink Dial Project auction lot overview: The indies, micros, and sleeper hits

October 25th marks the inaugural launch of The Pink Dial Project, a fundraising auction involving a long list of top watch brands in partnership with our friends at Revolution, Fratello Watches, Loupe This, and The Eye of Jewelry. In an effort to raise funds and awareness for breast cancer, each brand has been prompted to spotlight … ContinuedThe post The Pink Dial Project auction lot overview: The indies, micros, and sleeper hits appeared first on Time+Tide Watches.

The Pink Dial Project Auction Lot Overview: The big box brands Time+Tide
Oct 16, 2021

The Pink Dial Project Auction Lot Overview: The big box brands

Whenever an auction catalogue is released, many collectors scavenge through the lots to find unique or prototype pieces. Whether a piece unique, or watch #00, the pieces present ultra-rare finds for bidders – and, as we all know too well, ultra rare equals super collectible. But what if there was an auction entirely comprised of … ContinuedThe post The Pink Dial Project Auction Lot Overview: The big box brands appeared first on Time+Tide Watches.

Auction Watch: Enamelled Automaton Masterpieces at Sotheby’s Hong Kong SJX Watches
Patek Philippe chronographs commissioned Oct 5, 2021

Auction Watch: Enamelled Automaton Masterpieces at Sotheby’s Hong Kong

Sotheby’s upcoming Hong Kong Sale is primarily focused on wristwatches, encompassing several unique Patek Philippe chronographs commissioned by Eric Clapton and a dozen examples of early F.P. Journe. But two of the most valuables lots in the auction – and with estimates well into seven-figure US dollar sums – are a pair of museum-quality automata. Made for the Chinese market more than two centuries ago, this pair of objects are tremendously rare and exquisitely decorated in enamel and pearls. Two generations ago, such automata as well as pocket watches were the most respected genre in watch collecting. They were sought after by eminent collectors like the former chairman of HSBC and the German billionaire who was once the fifth-richest man in the world, which is why the record-setting lots in watch auctions of that era were inevitably pocket watches or objects, like the million-dollar Cremsdorff. Almost 400-years old, this pocket watch made by Jehan Cremsdorff sold for £2.175m, or about US$2.734m, including fees, at Sotheby’s in 2019 With the rise of wristwatches as the preeminent collecting category, demand for automata and pocket watches have declined sharply. Now the most expensive timepiece ever sold is the Patek Philippe Grandmaster Chime ref. 6300A mega-complication that sold for over US$33 million in 2019. But elaborately enamelled pocket watches are arguably the closest thing to fine art in horology, because of the intrinsic nature of the artisanal dec...

Highlights: F. P. Journe at the Sotheby’s Hong Kong Auction SJX Watches
F.P. Journe has swiftly become one Sep 25, 2021

Highlights: F. P. Journe at the Sotheby’s Hong Kong Auction

F.P. Journe has swiftly become one of the most desirable independent watch brands, resulting in an ever growing selection on offer at auction. Perhaps the biggest single offering to date comes by way of Sotheby’s, which has amassed a 13-piece lineup of F.P. Journe watches for its upcoming Important Watches sale that takes place in Hong Kong on October 13, 2021. We round up eight of the most notable, a selection that naturally includes a Tourbillon Souverain “Souscription”, as well as several limited editions, ranging from Ruthenium to a Tokyo-boutique special. The full catalogue and registration to bid are available on Sothebys.com. Lot 2085: Octa Réserve de Marche with brass movement Originally the entry-level model for the brand, the Octa Réserve de Marche is today a stealth watch of sorts since it is still a simple watch, but an unusually valuable one. Launched in 2001, the Octa Réserve was part of the original trio of watches launched by Francois-Paul Journe, coming after the tourbillon and Resonance. Despite being the brand’s entry-level wristwatch at the time, it still boasted a proprietary movement with an impressive five-day power reserve, though the running time was originally envision was eight days, hence the “Octa” moniker. The cal. 1300 developed for the Octa Réserve would then go on to be the base movement for the entire Octa collection. The best part of the Octa Reserve is its asymmetric dial. Showing the time, date and power reserve, the d...

Phillips to auction Rolex Deep Sea Special – and my own encounter with a real monster of the deep Time+Tide
Rolex Deep Sea Special – Sep 20, 2021

Phillips to auction Rolex Deep Sea Special – and my own encounter with a real monster of the deep

Early November will see Phillips auction a very unusual, and not made for public, Rolex Deep Sea Special. This watch was based on the experimental Rolex that rode the outside of the Trieste bathyscaphe that, in January 1960, dove to the bottom of the Mariana Trench, some 10,900 metres deep. Following the successful dive and … ContinuedThe post Phillips to auction Rolex Deep Sea Special – and my own encounter with a real monster of the deep appeared first on Time+Tide Watches.

Auction Watch: Unique Patek Philippe Ref. 5070/1P – Black Dial on Bracelet SJX Watches
Patek Philippe Ref 5070/1P – Black Sep 12, 2021

Auction Watch: Unique Patek Philippe Ref. 5070/1P – Black Dial on Bracelet

Distinctive with its wide, flat bezel, the ref. 5070 was Patek Philippe’s last chronograph powered by the CH27-70 movement derived from the Lemania 2310. At 42 mm in diameter, the ref. 5070 was the largest high-end chronograph on the market at its launch in 1998. Amongst the four versions of the ref. 5070 – in rose, yellow, or white gold as well as platinum – the platinum version is the rarest. Around 250 were made according to Sotheby’s, with the standard guise for the platinum case being being a metallic, muted-blue dial. Produced at the “special request of an important client” in 2012, the  ref. 5070/1P-010 has a black dial, while preserving the standard dial design with its large, applied Arabic numerals in white gold. While the standard model is has the model reference 5070P, this example has the suffix “/1P”, indicating the monochromatic dial is matched by a platinum “brick” bracelet, an uncommon option only available via special order. Importantly, both the black dial and bracelet are mentioned on the certificate, which indicates the watch was sold at the Patek Philippe Salon in Geneva. The combination of a platinum case, black dial, and matching bracelet – familiar and simple but endlessly striking – has been seen before on other chronograph models, including a ref. 5004P that sold at Christie’s in 2019. But this is the first ref. 5070P in this livery to be offered publicly. Estimated at HK$4-8 million, or US$500,000-1 million, the uniq...

Auction: The William Wood 9/11 Time For Heroes will help those who risk life and limb in the line of duty Time+Tide
Sep 7, 2021

Auction: The William Wood 9/11 Time For Heroes will help those who risk life and limb in the line of duty

Certain days in your life are impossible to forget. Some bring joy and happiness to your heart, like the day you get married or the birth of your first child. Other days, well, other days bring an immense amount of sadness. September 11th is that day for me and millions of other New Yorkers. On … ContinuedThe post Auction: The William Wood 9/11 Time For Heroes will help those who risk life and limb in the line of duty appeared first on Time+Tide Watches.

Eye-Watering Results: First Green-Dial Patek Philippe Nautilus Ref. 5711/1A-014 At Antiquorum’s July 2021 Auction In Monaco, Plus Other Highlights Quill & Pad
Patek Philippe Nautilus Ref 5711/1A-014 Jul 28, 2021

Eye-Watering Results: First Green-Dial Patek Philippe Nautilus Ref. 5711/1A-014 At Antiquorum’s July 2021 Auction In Monaco, Plus Other Highlights

The Antiquorum auction in Monaco on July 21, 2021 represented the first time that a brand-new stainless steel Patek Philippe Nautilus with olive-green dial came up at auction. Elizabeth Doerr shares the eye-watering result of that lot plus other notable auction highlights.

No Surprise: First Green-Dial Patek Philippe Nautilus Ref. 5711/1A-014 At Antiquorum’s July 2021 Auction In Monaco, Plus Other Highlights Quill & Pad
Patek Philippe Nautilus Ref 5711/1A-014 Jul 9, 2021

No Surprise: First Green-Dial Patek Philippe Nautilus Ref. 5711/1A-014 At Antiquorum’s July 2021 Auction In Monaco, Plus Other Highlights

Antiquorum will be holding its next auction in Monaco on July 21, 2021, where collectors will have a chance to bid for the very first time on a Patek Philippe Reference 5711/1A-014. Yes, this is the brand-new stainless steel Nautilus with olive-green dial introduced in April 2021 as the model replacing the blue-dialed Reference 5711/1A-010. While that's noteworthy, there are a number of other lots worth looking at too.

Highlights: Sotheby’s ‘Fine Watches and Rare Sneakers’ Online Auction SJX Watches
Patek Philippe Calatrava Jul 6, 2021

Highlights: Sotheby’s ‘Fine Watches and Rare Sneakers’ Online Auction

Sotheby’s latest online sale is in a quirky combination of luxury watches and high-end sneakers – some of which cost more than the watches. Fortunately the large majority of the 164 lots are horological, with a selection of watches that’s diverse and interesting, led by a couple of heavyweight top lots. The heavyweights are quite literal, both complicated watches in platinum from brands widely regarded as benchmarks in contemporary watchmaking: an F.P. Journe Tourbillon Souverain with a platinum case and bracelet, along with the A. Lange & Söhne Zeitwerk Luminous “Phantom”. The sale also includes more esoteric watches that might be overlooked, including as a retailer-edition Patek Philippe Calatrava with ruby markers, and a Grand Seiko “First” remake in platinum. The Fine Watches and Rare Sneakers auction is live online from now until June 8, 2021. The full catalogue and registration for bidding are available here. Lot 8201 – F.P. Journe Tourbillon Souverain Platinum Introduced in 2004, the F. P. Journe Tourbillon Souverain was the successor to the original Tourbillon Remontoir d’Egalite. Like the original, the Tourbillon Souverain combined both a tourbillon regulator and constant force mechanism in a quest for accuracy. Its most obvious distinction against its predecessor was the small seconds at six linked to the remontoir mechanism. The Tourbillon Souverain itself was replaced in 2019 by something bigger and vertical, making it increasingly uncomm...

Auction Watch: Robert Downey Jr.’s Very Own Urwerk UR-105 SJX Watches
Urwerk UR-105 Best known Jun 21, 2021

Auction Watch: Robert Downey Jr.’s Very Own Urwerk UR-105

Best known for playing Iron Man, Robert Downey Jr. has a penchant for Urwerk’s avant-garde timepieces. In fact, the actor has sported several Urwerk watches in recent years, including an UR-110 RG in Spider-Man Homecoming and an UR-105 CT in Avengers: Endgame. The watches worn by Mr Downey were subsequently sold to benefit charity, raising over US$700,000. Now the watch worn by Mr Downey during the production of Avengers: Endgame, the UR-105 TA “Raging Gold” RDJ, will go under the hammer, with proceeds once again going to charity. Robert Downey Jr. with Yacine Sar, Urwerk’s longtime head of marketing and communications Urwerk doesn’t pay for product placements, and the “RDJ” watches came about from a request by Mr Downey himself. Believing the watches were a perfect fit for Tony Stark, Mr Downey asked for a UR-110 in rose gold during the filming of Spiderman: Homecoming, which turned out to be the first of several. The UR-105 CT worn by Mr Downey playing Tony Stark in Avengers: Endgame And the UR-111C worn during the premiere of Avengers: Endgame, shown here on the owner’s wrist Like the UR-110 RG that started the relationship, the final “RDJ” Urwerk is once again a combination of rose gold and black-coated titanium. A limited edition of 22 pieces launched in 2016, the UR-105 TA “Raging Gold” tells the time with the brand’s trademark wandering hours display, comprising four hour discs on a carousel along with a minute scale on the lower edge o...

Highlights of the HSNY x Phillips 2021 Charity Auction include a co-branded Rolex and a watch with a NY state of mind Time+Tide
Rolex Jun 5, 2021

Highlights of the HSNY x Phillips 2021 Charity Auction include a co-branded Rolex and a watch with a NY state of mind

Each year the Horological Society of New York and Phillips team up to raise money to advance the art and science of horology – offering financial aid to watchmaking institutions and full-time watchmaking students in the United States. All proceeds, including the 26% buyers premium, go towards the cause, a much needed effort to help … ContinuedThe post Highlights of the HSNY x Phillips 2021 Charity Auction include a co-branded Rolex and a watch with a NY state of mind appeared first on Time+Tide Watches.