The Duc d'Orléans Breguet Sympathique that sold for $6.8 million setting a new auction record.
NEW YORK – Yesterday’s Important Watches & Clocks sale made history with the sale of The Duc d’Orleans Breguet Sympatique, achieving a new auction record for not only any work by Breguet, but, indeed, for any clock. The $6.8 million realized for the exceptionally rare 19th century timepiece exceeded the pre-sale estimate and surpassed the previously-held record for the sale of any clock at auction.
A Fine and Extremely Rare Massive 18k Yellow Gold Center Seconds Wristwatch 1955 Ref 2512/1.
The phenomenal result for the Breguet underscored the highest total for a various-owner watches and clocks sale at Sotheby’s New York ever. The $11.7 million total was achieved in no small part due to the success of Patek Philippe wristwatches, including A Fine and Extremely Rare Massive 18K Yellow Gold Center Seconds Wristwatch, 1955, Ref. 2512/1, which sold for $962,500, more than five times its high estimate.