Auctions
Timekeepers Club / June 12, 2022

Christie's Important Watches of Exceptional Provenance, Featuring The Kairos Collection Part III 8-9 June 2022 | New York

New York – Important Watches of Exceptional Provenance, Featuring The Kairos Collection Part III, presented across two evening sales on 8-9 June, totaled $21,743,070, setting a new record for the highest total ever for a watches auction at Christie’s New York. The auction was sold 97% by lot, 141% hammer above value, and attracted global participation from 30 countries and 19% new registrants. 58% of all lots surpassed pre-sale high estimates.

The sale was highlighted by the grand finale of The Kairos Collection, which achieved $13,895,160. The collection of 128 extraordinary modern Patek Philippe timepieces totaled $21,885,101 globally from auctions across Geneva, Hong Kong and New York. The New York session was led by Patek Philippe Ref. 5531R-012, an exceptional 18k rose gold Grande Complication watch, which sold for $2,220,000.

Additionally, the sale presented a variety of important watches of exceptional provenance, most from original owners and families. Some of the highlights include a rare Rolex “Patent Pending”, “Double Red” Sea Dweller, Ref. 1665, which sold for $176,400, and a Patek Philippe Ref. 2526J, a newly discovered 18k yellow gold wristwatch retailed and signed by Tiffany & Co., which realized $144,900.

Keith Davis, Head of Watches, Christie’s Americas

Keith Davis, Head of Watches, Christie’s Americas, commented: “We are pleased with strong results for watches throughout this season, having achieved a new record for the highest valued watches sale at Christie’s New York in only 137 lots. This season, we were especially proud to present The Kairos Collection of extraordinary Patek Philippe timepieces across three sale sites and it far surpassed estimates, totaling $21.8 million globally.  Overall, the auction realized a robust sell through rate of 97% by lot with results by renowned and independent watchmakers. It is a true testament to the strong demand for watches of exceptional provenance and rarity. We look forward to continuing the momentum of the season with our New York online sale, now open for bidding through 17 June.”

IMPORTANT WATCHES OF EXCEPTIONAL PROVENANCE | 8-9 JUNE | NOTABLE RESULTS

Lot 22. The Kairos collection: PATEK PHILIPPE, REF. 5968G-010, AQUANAUT, A FINE 18K WHITE GOLD FLY-BACK CHRONOGRAPH WRISTWATCH WITH DATE, RETAILED & SIGNED BY TIFFANY & CO. PRICE REALIZED $333,900
Lot 28. The Kairos Collection: PATEK PHILIPPE REF. 5711/1A-014, NAUTILUS A VERY RARE AND HIGHLY DESIRABLE “GREEN DIAL” STEEL WRISTWATCH WITH DATE. PRICE REALIZED $441,000
Lot 58 The Kairos Collection Patek Philippe ref. 5531r-012, with miniature cloisonné enamel dial depicting the Lavaux vineyards on the shores of lake Geneva. This 18k rose gold grande complication watch presented at Baselworld 2018 merges two iconic horological mechanisms: minute repeater and world time PRICE REALIZED: $2,220,000
Lot 61. The Kairos Collection: PATEK PHILIPPE, REF. 5372P-010, A VERY ATTRACTIVE PLATINUM SPLIT SECONDS PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES. PRICED REALIZED $390'600
Lot 63. The Kairos Collection: PATEK PHILIPPE, REF. 5740/1G-001, NAUTILUS, AN EXTREMELY RARE AND DESIRABLE 18K WHITE GOLD PERPETUAL CALENDAR WRISTWATCH WITH LEAP YEAR INDICATOR, MOON PHASES, AND NAUTILUS CUFFLINKS, RETAILED & SIGNED BY TIFFANY & CO. PRICE REALIZED $516,600
Lot 64 The Kairos Collection Patek Philippe, ref. 5950 ⁄ 1a-010, an exceptionally rare steel cushion-shaped split-seconds monopusher chronograph wristwatch on bracelet, limited series of 10 PRICE REALIZED: $693,000
Lot 81. Rolex Ref 6262 Daytona Paul Newman Dial. Price realized $201,600
Lot 95. Rolex Daytona Ref 6263 Daytona Retailed and Signed by Tiffany & Co. Price realized $340,200.
Lot 96. F.P. JOURNE. CHRONOMETRE A RESONANCE, A VERY IMPORTANT 38MM PLATINUM DUAL TIME WRISTWATCH WITH POWER RESERVE AND DUAL ESCAPEMENT BRASS MOVEMENT. Price realized $403,200
Lot 97. F.P. Journe Octa Calendrier with Automatic Brass Movement. Price realized $214,200
Lot 101. Rolex Ref 6241 Daytona Paul Newman Dial. Price realized $214,200
Lot 116. Rolex Ref 6262 Daytona Paul Newman Dial. Price realized $201,600
Lot 111. PATEK PHILIPPE, REF. 3448G, “RED DOT” AN EXTREMELY RARE AND IMPORTANT 18K WHITE GOLD PERPETUAL CALENDAR WRISTWATCH WITH LEAP YEAR INDICATOR, ONE OF TWO KNOWN. Price realized $1,008,000

For more detailed results, please visit christies.com

Comments

Leave a comment

You must be logged in to post a comment Login / Sign up