Press Release

Sotheby’s Hong Kong Autumn 2020 "Important Watches" Totals HK$82.4 Million / US$10.6 Million

Hong Kong
Today we kick start the Autumn sale season with a sale celebrating both the heritage brands and independent watchmakers. The sale was led by one of the most important gold Patek Philippe Ref. 1436 to ever appear on the market, and was further complemented by the exceptionally strong performances with Philippe Dufour and F.P. Journe, two of the most prominent independent watchmakers in the field. We look forward to meeting our collectors again in the upcoming London,New York and Geneva sales.
Sam Hines, Sotheby’s Worldwide Head of Watches

TOP LOT OF THE SALE

A Patek Philippe Ref. 1436 retailed by Tiffany & Co.
Sells at HK$5,257,000/ US$678,300

STRONG PERFORMANCES FROM INDEPENDENT WATCHMAKERS

PHILIPPE DUFOUR AND F.P. JOURNE SOAR ABOVE ESTIMATES

Philippe Dufour Simplicity, Number 100 Platinum Wristwatch
Soars to HK$5,136,000/ US$662,700
- 3 times above estimates -
*NEW AUCTION RECORD FOR A 34MM PHILIPPE DUFOUR SIMPLICITY*

Philippe Dufour Simplicity, Number 68 White Gold Wristwatch
Sells at HK$3,528,000/ US$455,200
*NEW AUCTION RECORD FOR A 37MM PHILIPPE DUFOUR SIMPLICITY*

F.P. Journe Chronometre A Resonance Pink Gold Dual Time Zone Wristwatch
Sells at HK$1,764,000/ US$227,600

F.P. Journe Tourbillon Souverain D'egalit Platinum Tourbillon Wristwatch
Sells at HK$1,512,000/ US$195,100


Other Notable Results:


- Patek Philippe Reference 5016, A Platinum Minute Repeating Perpetual Calendar Tourbillon Wristwatch With Retrograde Date, Moon Phases And Leap Year Indication, Circa 2002, sold for HK$4,284,000/ US$552,800 (Lot 2047, est. HK$3,000,000 - 5,000,000/ US$385,000 – 645,000)

- Patek Philippe Reference 5104, A Platinum And Pink Gold Minute Repeating Semi-Skeletonised Perpetual Calendar Wristwatch With Retrograde Date, Moon Phases And Leap Year Indication, Circa 2010, sold for HK$4,410,000/ US$569,000 (Lot 2082, est. HK$3,200,000 - 4,800,000/ US$411,000 – 620,000)

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