Hodinkee
Buying, Selling, & Collecting: What Makes For A Million-Dollar Watch At Auction Today?
A new generation of watch collectors has completely changed what it means to look like a million bucks.
22,360 articles · 213 videos found · page 42 of 753
Hodinkee
A new generation of watch collectors has completely changed what it means to look like a million bucks.
Hodinkee
It's up for grabs at Phillips this November. Here's what you need to know about this highly significant George Daniels timekeeper.
Time+Tide
Provenance is a huge buzzword in the watch world and refers to an object’s origin and record of ownership. The romantic side to timepieces, and a crucial element of what draws collectors to vintage timepieces, are the stories they tell and the lives they have lived. We have seen watches owned by Paul Newman, Marlon … ContinuedThe post A rare pocket watch gifted by Abraham Lincoln after a shipwreck rescue is up for auction appeared first on Time+Tide Watches.
Time+Tide
A 1970s Rolex MilSub that had been languishing in a chest of drawers for more than 25 years has sold at auction for £155,000. The sale that took place at Bonhams, in London’s New Bond Street, comfortably smashed the estimated value of £80,000 to £120,000. The anonymous owner from Scotland, took the rare item to … ContinuedThe post Damaged Rolex MilSub smashes estimate at auction to reinforce its grail watch status appeared first on Time+Tide Watches.
SJX Watches
We covered the independents and complications at Phillips’ Hong Kong auction thats happens on May 27 and 28, so now we look at highlights from a recent crowd favourite: A. Lange & Söhne. Revered for its high-quality movements and impeccable quality, the modern-day brand has only been in operation since 1994 but has managed to build a diverse body of work. A good selection is on offer in the auction, ranging from the mega complications to the simple (albeit not particularly affordable today). Here we round up six limited edition Lange watches in the sale, including a pair of rare Lange 1s to the second-most-complicated Lange ever made, the Tourbograph Perpetual Pour le Merite, along with a pair of Handwerkskunst editions. Bidder registration and the full catalogue for The Hong Kong Watch Auction: XIVis available here. Lot 816: A. Lange & Söhne Lange 1 Sincere edition Since its debut in 1994, the Lange 1 has become an icon of the brand that remains relevant today. After almost three decades, the concept of the watch and its design essence remain intact. Only few other watches have attained such cult status, putting the Lange 1 alongside timepieces like the Calatrava and Royal Oak. The present example is a limited edition of only 100 pieces produced in 2003 for Singaporean retailer Sincere. The dial is extremely unusual as it features two different guilloche patterns, instead of the typical smooth opaline finish found on most Lange 1 watches. Even other Lange 1 models...
Video
Here’s the mistake:
SJX Watches
Online-only watch auctioneer Loupe This has just announced a week of Cartier watches, with two watches being listed daily from April 25 to 29. The lineup is headlined by an original Crash made by Cartier London in 1969 that comes direct from the original owner no less. It has an appropriate hefty estimate of US$500,000-800,000. London Crash Some of the other highlights in the sale include a trio of white-metal Tanks, including a Tank Asymetrique in platinum, one of a hundred made in 1996. Estimated at US$30,000-50,000, it’s smaller than the recent Prive Tank Asymetrique, with dimensions comparable to the classic Tank LC, which is the next watch. Tank Asymétrique This is a rare variant of an otherwise common watch. Produced for several decades in a range of iterations, the Tank Louis Cartier, or “LC”, is commonly found in yellow gold, but less often in white gold, and rarely with a period-correct bracelet. Dating to the 1970s, this has an estimate of US$20,000-30,000. Tank LC Another Tank from the 1970s is this Tank Cintree “Jumbo”, also in white gold and once again with a matching gold bracelet. This is the largest size of arguably the most desirable Tank model, but made slightly more affordable by the fact that it was made in the 1970s instead of the first decades of the 20th century. The estimate is US$50,000-80,000. Tank Cintree The first pair go live on Monday, April 25, Los Angeles time (GMT-7), which will be April 26 for most of the world. You can see them...
SJX Watches
An online-only watch auctioneer, Loupe This is less than a year old but has notched up several high-profile results, including an F.P. Journe Resonance Ruthenium for US$352,000 as well as a Patek Philippe Nautilus ref. 5711/1A with an olive green dial for US$369,000 with all proceeds going to charity. And it so happens that one of our very own SJX editions is going under the hammer on Loupe This. Our first collaborative edition, the Habring2 Erwin “Star” was a limited edition of 50, and one of the 50 is now being offered on Loupe This – with a modest estimate and no reserve. [Update December 24, 2021: The Erwin “Star” sold for US$15,400 including fees on Loupe This.] For a quick recap: we launched the Erwin “Star” in August 2021 as the first of our 10th anniversary editions. We are proud of the Erwin “Star”. It’s unusual, high quality, and affordable, which probably explains why it sold out almost instantly. Though it’s a simple, time-only watch, it was made a little bit more special and a little bit different – the standard Erwin already features a jumping seconds, while the dial on our edition is unique to it. Inspired by “star” dial wristwatches of the 1950s, the dial was tweaked to look more modern and distinct. That was done by changing the proportions and using a vivid blue for the dial that varies with the light. Notably, this is the first Habring2 wristwatch with applied markers. Each of the star-shaped hour markers are stamped, cut with...
SJX Watches
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...
Quill & Pad
A sense of unity and purpose evident throughout the latest edition of the biennial Only Watch auction, which took place on November 6, 2021, yielded a number of interesting results for the 53 participating watches. Here are those results listed in order of their generous bids.
SJX Watches
Only Watch 2021 was a landmark for the biennial charity auction in both scale and value. Organised by Christie’s, the ninth edition of Only Watch just took place in Geneva, with 53 timepieces having been sold for CHF30 million, or about US$32.8 million. Held for the first time in Palexpo, the sprawling convention centre near Geneva’s airport, Only Watch 2021 saw a turnout of over 850 people inside the cavernous room, a massive uptick in attendance compared to the one or two hundred in past years. People and faces Practically everyone who is someone in Swiss watchmaking turned up, including Thierry Stern of Patek Philippe, Frederic Arnault of TAG Heuer, Tudor chief executive Eric Pirson, as well as independent watchmakers like Kari Voutilainen and Francois-Paul Journe. Even Aurel Bacs and Alex Ghotbi of rival auction house Phillips were spotted seated in the room. Some of the boldface names were also bidding on lots in the auction, including Francois-Henri Bennahmias of Audemars Piguet who bid enthusiastically on the Chanel J12 pair and Jean Arnault of Louis Vuitton La Fabrique du Temps who was after a creation by an independent watchmaker. While there were watch collectors from around the world present – including a contingent from Dubai Watch Club – there were fewer Asian bidders in the room compared to past years, presumably because of the travel restrictions still in place in most Asian countries. That said, many of the crucial bidders from Asia did turn up, inc...
Video
Everyone's chasing the latest hype watch, but what if true style isn't about what's loud, but what's subtle?
Time+Tide
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.
Quill & Pad
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!
Quill & Pad
Ahead of the ninth edition of the biennial Only Watch auction taking place on November 6, 2021 in Geneva, Elizabeth Doerr highlights all 53 of the unique watches going under the hammer.
Revolution
Revolution caught up with Eric Ku and Justin Gruenberg to discuss their latest venture Loupe This, an online watch auction platform designed by collectors, for collectors
SJX Watches
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...
Video
Does every release feel like starting from scratch? That’s because you don’t have a framework.
Quill & Pad
Sit back and enjoy as Quill & Pad resident collector GaryG and Alexandre Ghotbi, director of the Philipps Auctions watch department for Europe and the Middle East, and A. Lange & Söhne CEO Wilhelm Schmid talk about watch collecting with Dr. Carl Naughton in this engaging video.
SJX Watches
The headline lot at Sotheby’s recently concluded Hong Kong watch auction, the unique Rolex “Zenith” Daytona with a platinum case and a turquoise mineral-stone dial – and not a blue lacquer “Stella” as originally believed – just sold for HK$24.375 million, or about US$3.14 million, fees included. The hefty result means the turquoise Daytona is the second-most expensive modern Rolex timepiece ever sold at auction, but just shy of the US$3.27 million record set by the unique platinum Daytona with a lapis lazuli dial that sold at Sotheby’s last year. With the sale of the turquoise Daytona, it means that three of the five unique platinum Daytonas have been sold at auction in as many years, all at Sotheby’s in Hong Kong. One of five The price achieved by the turquoise Daytona is unsurprisingly given its rarity: it is one of a five-piece run of the “Zenith” Daytona in platinum that were reputedly made at the behest of former Rolex chief executive Patrick Heiniger in 1999. All five watches share the same model reference 16516, and are powered by the Rolex cal. 4030 that’s based on the Zenith El Premiro movement. Four of the five are known, with the other examples featuring Tahitian mother-or-pearl, lapis lazuli, and coral dials. The platinum Daytona that was just sold had a turquoise stone dial, rendering it highly unusual as the material has never been used before in the Daytona, and confirming the belief that these watches were a prototype run for the su...
SJX Watches
A legendary watch long known to the market – and widely expected to reemerge – is finally coming to market. The one-off Patek Philippe ref. 3448 without a moon phase will be offered by Christie’s during its upcoming Hong Kong watch auction on May 22, 2021. This unique ref. 3448 was custom made for Alan Banbery, and is distinguished by the red leap-year indicator that replaces the conventional moon phase display. Though there are a few other known examples of the ref. 3448 without a moon phase – nicknamed “Senza Luna”, Italian for “without moon” – the Banbery watch is the only one with robust provenance, detailed documentation, and crucially, the under-dial mechanism for the leap-year display. An Englishman who was the longtime head of sales at Patek Philippe until his retirement in 2001. Still living near Geneva, Mr Banbery is probably best known as having helped Philippe Stern assemble the magnificent collection of clocks and watches that make up the Patek Philippe Museum, while also being one of the coauthors of the Patek Philippe, Geneve reference books alongside the late Munich watch retailer Martin Huber. During a 2017 meeting with Mr Banbery at the La Reserve hotel in Geneva, he recounted the origins of his ref. 3448. According to Mr Banbery, he had the idea of a ref. 3448 without a moon phase and took it to Patek Philippe watchmaker Max Berney, who then modified a standard ref. 3448, replacing the moon phase with a leap year display. He was gifted...
SJX Watches
Having sold the first publicly-known Daytona “Zenith” in platinum, Sotheby’s is going to offer yet another. Once again a unique example, the Cosmograph Daytona ref. 16516 in platinum – and a blue-lacquer “Stella” dial – will go under the hammer at Sotheby’s Hong Kong watch auction in April 2021. “Sothebys is delighted to present this automatic Zenith Daytona rendered in platinum with a ‘Tiffany blue’ lacquered ‘Stella’ dial in April,” says Sam Hines, Sotheby’s head of watches, who adds, “Manufactured in 1998, this previously unknown watch comes from the same collection as the record-breaking platinum Daytona with hardstone lapis lazuli dial sold by Sotheby’s last year.” The “Tiffany blue” lacquered dial of the platinum Daytona that’ll be sold in April According to Sotheby’s, only five platinum Daytonas with the Zenith El Primero movement were made in the late 1990s, at the request of Rolex’s then chief executive Patrick Heiniger. Each example was unique in having a different dial, but all were equipped wit the same cal. 4030 derived from the Zenith El Primero, which was phased out in favour of the in-house cal. 4130 in 2000. The late Heiniger kept one for himself, and gifted the remainder to key business partners of Rolex. Sotheby’s has since sold two of the five, each achieving a record price for an automatic Daytona. The first was a wedding present to a member of the Gobbi family that owns the eponymous watch retailer in...
SJX Watches
Taking place at the end of the third week of January 2021, the first major international watch auction is Antiquorum’s Important Modern & Vintage Timepieces in Monaco. The 304-lot auction will be capped by an appropriately major watch – the very first Vacheron Constantin Tour de l’Île Grand Complication that was produced for the watchmaker’s 250th anniversary in 2005. First sold for 1.88 million Swiss francs at the Quarter Millennium of Vacheron Constantin thematic auction staged by Antiquorum and Vacheron Constantin in April 2005, the Tour de l’Ile was one of the first mega-complications of the modern era. When the Tour de l’Ile was launched, the Patek Philippe Sky Moon Tourbillon ref. 5002 was only three years old, the Lange Tourbograph had yet to be launched, and Greubel Forsey had only been founded a year earlier. At its launch, the Tour de l’Ile was billed as the world’s most complicated wristwatch – and also became the most expensive wristwatch sold at auction – thanks to its 16 complications displayed on two faces in a case 47 mm wide and almost 18 mm tall. Named after the location of Vacheron Constantin’s workshop in the 18th and 19th centuries – Tour de l’Ile literally translates as “tower on the island” – the wristwatch is powered by the 834-component cal. 2750. It features a minute repeater, perpetual calendar with moon phase, star chart, celestial annual calendar, tourbillon, sunrise and sunset times, equation of time, power...
Video
When people are about to buy, they check YouTube for:
SJX Watches
A noted collector of art, objects, and also timepieces – he famously once owned the world’s most complicated watch that is now lost – banker J.P. Morgan was a frequent client of Charles Frodsham, having no doubt inherited the inclination from his father, also a client of the English watchmaker. Once preeminent globally, particularly in the late decades of the 19th century when Morgan was active, Charles Frodsham is perhaps most famous for supplying top-of-the-line pocket watches to Morgan that he then gifted to friends and partners of his eponymous bank. Sometimes known as “Morgan caliper” watches, these watches were amongst the most expensive watches in the world at the time. Some two dozen of these presentation watches are known – and 11 have been sold publicly – with all being identical in combining a minute repeater with split-second chronograph and tourbillon. Perhaps the most important of these watches is the one that will soon go on the block at Sotheby’s in New York on December 15 at 10:00 am EST. The watch once owned by J.P. Morgan Jr., bearing the serial number “010’330” The ebauche was probably produced by Nicole Nielsen The tourbillon with a Nicole Nielsen Type 2 cage Being offered by the estate of Alexandra McCain Morgan, who’s perhaps better known as the older sister of the late Senator John McCain. The watch was originally purchased by J.P. Morgan Jr. in 1933 – the lot is accompanied by a copy of the original invoice. The watch on ...
Quill & Pad
Phillips' year-end auction, Racing Pulse, took place on Saturday, December 12, 2020 in New York. Here Elizabeth Doerr highlights five epic timepieces from Richard Mille and Panerai owned and worn by Hollywood action star Sylvester Stallone, sometimes in famous films, and shares the (astronomical) prices some of these watches reached at the auction.
Quill & Pad
The Phillips Racing Pulse auction showcased something of a timeline of Panerai history, including the legendary Luminor Slytech Daylight owned by Sylvester Stallone, as well as Paul Newman's own Rolex Daytona and Steve McQueen's own Heuer Monaco from the filming of 'Le Mans.' Elizabeth Doerr shares 12 of the extremely entertaining highlights here and the prices that the watches sold for.
Time+Tide
Have you ever wondered what racing cars and auction rooms have in common? In a 2006 publication, neurosurgeon Dr Eric Watkins published evidence that a Formula 1 driver can experience a pulse in the neighbourhood of 200 beats per minute during a race. According to the US Centre for Disease Control, this heart rate approaches, … ContinuedThe post Steve McQueen’s Monaco, Paul Newman’s (other) Daytona – will this auction deliver the next record watch sale? appeared first on Time+Tide Watches.
Quill & Pad
The Phillips Racing Pulse auction showcases something of a timeline of Panerai history, including the legendary Luminor Slytech Daylight owned by Sylvester Stallone, as well as Paul Newman's Rolex Daytona and Steve McQueen's own Heuer Monaco from the filming of 'Le Mans.' And that is not even all! Elizabeth Doerr shares 12 of the extremely entertaining highlights here.
Video
Most brands think daily posting = consistency. Wrong.
Question, suggestion, or just want to say hi? Drop a note.