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Auctions: An Original Royal Oak Watercolor By Gérald Genta Just Sold For Over $600K At Sotheby's Geneva
The first "Gérald Genta: Icon of Time" auction concluded this morning.
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The first "Gérald Genta: Icon of Time" auction concluded this morning.
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SJX Watches
A watch designer whose talent lives on in his work, the late Gérald Genta was exceptionally prolific – he claimed to have penned over 100,000 creations. His family still possesses some 3,400 original sketches covering a bewildering diversity of timepieces. From that, a hundred sketches have been curated to form Gérald Genta: Icon of Time, a series of four thematic auctions staged by Sotheby’s in the first half of the year. The brainchild of Genta’s wife, Evelyne, the auctions will offer original sketches of his best known creations, including the Royal Oak, Nautilus, and Disney Fantasy watches – each accompanied by a non-fungible token (NFT). Three of Genta’s best known designs. Notably, the illustration of the Nautilus includes its case profile, unlike most of his sketches that depict only the front of the watch Essentially digital representations of the sketches, the NFTs “serve as a record of ownership and proof of provenance for each design, ensuring the value of each physical artwork is intrinsically connected to its digital counterpart which cannot be resold without the NFT that attests to the legitimacy of the piece” according to Sotheby’s. And these original works will be affordable, with each sketch and its NFT starting at just US$100, CHF100, or HK$1,000, depending on the sale location. But the highlight of the event is an actual watch – Genta’s own personal Royal Oak. Slated to be sold at the final instalment of the event taking place...
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