Sotheby’s Sotheby’s New York’s Important Watch And Clock Auction Sets New Historical High

The important watch and clock auction held in Sotheby’s New York on Tuesday reached 8,832,572 Swiss francs, and more than 85.9% of the lots were sold on-site, fully achieving 670 -Estimated total auction price of CHF 9.6 million.
This marks the highest ever record for Sotheby’s “Important Watch and Clock” auction in New York. In addition, 93% of lots were sold at or above estimated prices.
At the auction, the watch of legendary watchmaker Patek Philippe is the absolute protagonist-accounting for one third of the total auction, collectors have shown great interest in world time watches and complication wrists.
The auction was led by two watches, each with a turnover of 482,500 Swiss francs: a very rare and historic 18-karat gold world time watch, Ref. 96 HU made in 1937 ‘ ‘Heure Universelle’, one of the earliest and rarest world time watches in existence (estimated price: 400-600,000 Swiss francs *), and the other is a very special and exquisite cascade-shaped perpetual calendar flying The retrograde date moon phase platinum watch Ref. 5013P, manufactured in 2004, is one of Patek Philippe’s most complex watches ever, with a total of 515 components (estimated price: 450-650,000 Swiss francs). Ref. 96 HU sold for 482,500 Swiss francs, marking a world record for the Patek Philippe Calatrava world time series.
* Estimation does not include buyer’s commission.