RELEASE: IMPORTANT WATCHES AT CHRISTIE’S NEW YORK ON JUNE 17

New York

New York – Christie’s New York auction of Important Watches on June 17 will offer over 260 vintage and modern timepieces, pocket watches, and pens. Highlights include an exceptional 1903 Patek Philippe Two Train Trip Minute Repeating Split-Seconds Chronograph (Lot 118; estimate: $50,000 – $70,000; one of only three known and fresh to the market), and a unique Patek Philippe Hunter Case Pocket Watch with miniature enamel by famed artist Susan Rohr of Renoir’s Two Sisters (Lot 65; estimate: $120,000 – $180,000). This sale features a special selection of Vacheron Constantin watches, including an Important Single-Button Chronograph, formerly owned by King Alexander I of Yugoslavia (Lot 81; estimate: $40,000 – $60,000). Additional top lots include a rare Patek Philippe Reference 3424 designed by Gilbert Albert and one of only five known to come to market in white gold (Lot 57; estimate: $50,000 – $80,000), an attractive Patek Philippe Reference 2499 Third Series (Lot 185; estimate: $260,000 – 360,000), an extraordinary Rolex Submariner Reference 6538 (Lot 37; estimate $60,000 – $100,000) with a “big crown” in unpolished and original condition, and a group of special vintage Panerai watches (Lots 153, 154, and 155).

HIGHLIGHTS FROM: PATEK PHILIPPE

The important selection of Patek Philippe timepieces is highlighted by the Reference 2499 (Lot 185; illustrated above). The reference 2499 was introduced to the market in 1950 and is acknowledged to be one of the most coveted wristwatches of all time. The Reference 2499 perfectly embodies Patek Philippe's technological and artistic know-how, and has greatly inspired and influenced the configurations of many important wristwatches. Moreover, this particular Reference 1518 (Lot 48; estimate: $200,000 – $400,000) was last seen at auction in 1987, marking its appearance at auction on June 17 the first time it will appear in public in nearly 30 years. The full crisp lugs and short signature on the beautiful dial make this an extremely desirable watch for the discerning collector.

HIGHLIGHTS FROM: ROLEX

In 1970, Rolex introduced two new Cosmograph Daytona models; the Reference 6262, which was manufactured for only one year in 1970, and the present example Reference 6264 (Lot 40; estimate: $80,000 – $120,000), manufactured for three years in 1970 – 1972. Both were produced in stainless steel, and only the Reference 6264 appeared on the international market also in 18k and 14k gold. Fresh to the market, the present watch is of great interest to collectors not only because of its rarity, but also because of the Tiffany & Co. signature on the dial. This remarkable example is made even special because of its original condition.

HIGHLIGHTS FROM: VACHERON CONSTANTIN

Purchased by the father of the current owners circa 1963 during a layover in Dubrovnik, the present Vacheron Constantin wristwatch (Lot 81; estimate: $40,000 –$60,000) has never before been offered at auction. In remarkable overall condition given its history, the watch is fascinating from both horological and historical perspectives. Single button chronograph wristwatches were first produced during the golden age of watchmaking in the 1920s and 30s. A true classic at the time and even today, their elegant lines and understated quality make them a trophy for any passionate collector. The original owner of the watch was King Alexander of Yugoslavia (December 16, 1888-October 9, 1934), who lived during one of the most turbulent times of the 20th Century. The provenance is confirmed in a letter from Vacheron Constantin. As a young man, Alexander spent time in Geneva schooling and one can only speculate that years later his early experiences in Switzerland could lead him to buy a Vacheron Constantin, which was known as the preferred timepiece of royalty. The present example presents a unique opportunity to collectors to own such a marvelous wristwatch with royal provenance.

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).

Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvador Mundi, 2017), for a single collection sale (the Collection of Peggy and David Rockefeller, 2018), and for a work by a living artist (Jeff Koons’ Rabbit, 2019).

Christie’s Private Sales offers a seamless service for buying and selling art, jewellery and watches outside of the auction calendar, working exclusively with Christie’s specialists at a client’s individual pace.

Recent innovations at Christie’s include the groundbreaking sale of the first NFT for a digital work of art ever offered at a major auction house (Beeple’s Everydays, March 2021), with the unprecedented acceptance of cryptocurrency as a means of payment. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats. 

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