Important Watches Spring Sales on 7 April achieved a combined total of HK$150.7 m / US$19.3 m, the Third Highest Total for the Category at Sotheby’s Hong Kong. On average nearly 90% sold by value and half of the lots sold above high estimate. The top lot, “Swatch & Art from the Dunkel Collection”, the largest Swatch collection ever sold at auction, sold for HK$46.7 m / US$6 m to an European Institution. The second top lot, Patek Philippe Pink Gold Minute Repeating Instantaneous Perpetual Calendar Tourbillon Wristwatch Ref 5207R, achieved HK$4.76 m / US$610,000. The breakdown of the two sales are as follows:
A Private Single Owner Collection of Important Watches
Estimate: HK$18 – 27 m / US$2.3 – 3.5 m
Total: HK$20,395,000 / US$2,614,744
Important Watches – including Swatch & Art from the Dunkel Collection
Important Notice: This sale is subject to the new buyer's premium rates that come into effect 1 February 2015. To view the updated rates please CLICK HERE
Continuing the momentum of Sotheby’s recent success, this spring sees an enticing single-owner sale and a collection of Important Watches. Bringing together a rare assembly of the finest timepieces from esteemed makers such as Patek Philippe and Vacheron Constantin and world renowned independent watchmakers, a coveted collection of timepieces from highly complicated minute repeating to exquisitely handcrafted enamel watches will be offered. Both sales embody the finest craftsmanship of watchmaking and are sure to fulfil discerning collectors’ appreciation for technological innovation and aesthetic design. The Important Watches sale also features one of the largest Swatch collection in private hands ever known. Comprising over 5,800 elements, featuring exclusive prototypes, limited and special edition Swatch watches from 1983 to 2007, along with collected artwork relating to Swatch designs.