SJX Watches
Highlights: Sotheby’s Hong Kong Fine Watches Online
The summer tends to be a quiet period in the watch world since most of Switzerland goes on holiday. However, Sotheby’s Hong Kong is staging one major event before the summer lull with an online sale running for just over a week. Fine Watches opens on July 5th and runs until the 14th featuring 272 lots ranging from Patek Philippe complications to simple time-only Cartier. We cover highlights from the sale below – the catalogue can be seen here – but before that we look at something special. Happening alongside the online auction is a sealed auction for an Patek Philippe Sky Moon Tourbillon ref. 5002P-013 with a custom-order black dial that runs online from July 13-21. The ref. 5002P once held the title of most complicated wristwatch Patek Philippe ever produced and remains a landmark in Patek Philippe watchmaking. Not only is this ref. 5002P possibly unique thanks to the striking black dial, it is also double sealed – in other words brand new. Since 2017 Patek Philippe has banned its retailers from selling sealed watches and so an double-sealed example of a special-order grand complication on the secondary market is rare. This double-dial complication offers an incredible opportunity to collectors, since the last time we saw this a sealed example of this reference at auction was back in 2018 at Antiquorum where it sold for just under US$1.2 million, and that was just single sealed. Prices have naturally climbed since then. In fact, this example mirrors the one that ...