RESULTS: CHRISTIE'S HONG KONG IMPORTANT WATCHES SPRING SALE ACHIEVES HK$153,221,750/US$19,826,894

Hong Kong

Important Watches

Hong Kong, 29 May 2013, Sale #3219

[All sold prices include buyer’s premium]

 

496 lots sold

535 lots offered

Total: HK$153,221,750 / US$19,826,894 / £13,269,004 / €15,506,041

HK$1 = US$0.1294 / £0.0866 / €0.1012 

93% sold by lot

95% sold by value

Lot

Description

Estimate

(HK$)

Price Realised

Buyer

2921

Patek Philippe, Ref. 5004

A very rare platinum perpetual calendar split seconds chronograph wristwatch with unusual black diamond-set dial, moon phases, 24 hour and leap year indication, original certificate and additional case back

Circa 2007

2,200,000 -

3,200,000

HK$4,710,000

US$609,474

£407,886

€476,652

Asian Private

2780

Patek Philippe, Ref. 5016

An extremely rare and highly important platinum minute repeating perpetual calendar tourbillon wristwatch with retrograde date, moon phases, leap year indication and original certificate

Manufactured In 1999

2,800,000 -

4,300,000

HK$4,470,000

US$578,418

£387,102

€452,364

Asian Private

2913

Patek Philippe, Ref. 5004

A very rare 18k pink gold perpetual calendar split seconds chronograph wristwatch with unusual ruby-set dial, moon phases, 24 hour and leap year indication, original certificate and additional case back

Circa 2007

2,000,000 -

2,800,000

HK$4,350,000

US$562,890

£376,710

€440,220

Asian Private

3021

Patek Philippe, Ref. 5104

An exceptional and very rare platinum and 18k pink gold automatic semi-skeletonized minute repeating perpetual calendar wristwatch with retrograde date, day, month, moon phases and leap year indication with original certificate and box

Circa 2007

3,900,000 -

6,000,000

HK$4,230,000

US$547,362

£366,318

€428,076

Asian Private

3036

Patek Philippe, Ref. 1518

An exceptionally fine and very rare 18k pink gold perpetual calendar chronograph wristwatch with moon phases

Manufactured In 1945

3,000,000 -

4,000,000

HK$3,870,000

US$500,778

£335,142

€391,644

Anonymous

2917

Patek Philippe, Ref. 5004

A very rare 18k white gold perpetual calendar split seconds chronograph wristwatch with unusual blue sapphire-set dial, moon phases, 24 hour and leap year indication, original certificate and additional case back

Circa 2007

2,000,000 -

2,800,000

HK$3,510,000

US$454,194

£303,966

€355,212

Private

2927

Patek Philippe, Ref. 5950

An extremely fine and very rare stainless steel cushion-shaped split seconds chronograph wristwatch with breguet numerals, original certificate, additional case back and box

Circa 2010

2,600,000 -

3,800,000

HK$3,390,000

US$438,666

£293,574

€343,068

American Private

2762

Greubel Forsey

A very fine, impressive and very rare 18k white gold 25˚ inclined 24 seconds tourbillon dual time zone world time asymmetrical wristwatch with power reserve and 3D globe

Circa 2012

1,600,000 -

2,400,000

HK$3,030,000

US$392,082

£262,398

€306,636

Anonymous

3145

Patek Philippe, Ref. 5074

A fine, rare, important and oversized 18k gold automatic minute repeating perpetual calendar wristwatch with moon phases, 24 hour and leap year indication and original certificate

Circa 2002

2,400,000 -

4,000,000

HK$3,030,000

US$392,082

£262,398

€306,636

Asian Private

2704

Patek Philippe, Ref. 3939

A fine and very rare platinum minute repeating tourbillon wristwatch with enamel dial and breguet numerals, original certificate and box

Manufactured In 1993

2,400,000 -

4,000,000

HK$2,910,000

US$376,554

£252,006

€294,492

Anonymous

 

Hong Kong – On Wednesday, May 29, 2013, the sale of Important Watches achieved HK$153,221,750 (US$19,826,894) and sold 93% by lot and 95% by value.

 

Sam Hines, Head of the Watches Department, Asia, said, “The blockbuster sale of Important Watches achieved over HK$150million/US$19.8million and is the highest sale total for any various owner watch auction held this season anywhere in Asia. This result with an unmatched sold rate of nearly 95% reflects the uncompromising approach of Christie’s watch department when it comes to selecting and estimating watches in the most rigorous manner. The international audience reacted with fierce bidding on the world’s most sought after blue chip manufacturers such as Patek Philippe and Rolex, breaking several world records. Most notably, the set of special dialled references 5004 soared to a record level of over HK$15million/US$1.9million.

 

Other highlights of the sale were history writing results for independent makers such Kari Voutilainen, MB&F, Urban Jürgensen, Greubel Forsey, Laurent Ferrier and FP Journe to name just a few. The John Stainton collection of enamelled form watches attracted international bidding and achieved over HK$6million/US$777,000, more than doubling its estimate. These results and the success of the Important Watches sale in Geneva, confirm the continued international market leadership of Christie’s in the arena of watch auctions.

 

We are looking forward to the upcoming New York sale on June 11, which includes the recently rediscovered and historically important S. Palmer ‘Grand Complication’ by Patek Philippe.”

 

Images & top ten results can be downloaded here:

http://cshk.myftp.org/2013%20Spring%20Christie's%20Hong%20Kong%20Auctions/WTC/Results/Images/

To view the full auction results:

http://www.christies.com/lotfinder/salebrowse.aspx?intSaleid=24307&viewType=list

 

PRESS CONTACT:

Luyang Jiang Hildebrandt (Hong Kong) | +852 2978 9919 | ljiang@christies.com

Suky Lo (Hong Kong) | +852 2978 6736 | sukylo@christies.com

 

Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs,

financing fees or application of buyer’s or seller’s credits.

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