Posts filed under Sotheby's

News: The Patek Philippe Henry Graves Jr. Supercomplication Sells for 20.6 Million Swiss Francs at Sotheby's in Geneva. Making History Once Again.

The most complicated and expensive watch in the world, the Patek Philippe Henry Graves Jr. Supercomplication started in 1925 and completed in 1932 has fetched the amount of 20.6 Million Swiss Francs at Sotheby's in Geneva just minutes ago.

This exceptional timepiece is a gold, double dial and double open-faced, minute repeating clockwatch with Westminster chimes, grande and petite sonnerie, split seconds chronograph, registers for 60-minutes and 12-hours, perpetual calendar accurate to the year 2100, moon-phases, equation of time, dual power reserve for striking and going trains, mean and sidereal time, central alarm, indications for times of sunrise/sunset and a celestial chart for the night time sky of New York City at 40 degrees 41.0 minutes North latitude.

News: Rare and Historical Panerai ref. 6152/1 Luminor Sells for 425,000 Swiss Francs at Sotheby's Important Watches Auction in Geneva.

Today May 14, 2014 Sotheby's Important Watches Auction took place in Geneva. While this auction didn't bring as much attention and high bidders as the Christie's auction two days ago, some interesting selling activity took place.

We do have to say, that we are quite surprised that many very interesting lots did not sell and those lots that were expected to fetch very high amounts, ended up realizing mediocre amounts under the low estimate or right in the middle.

Posted on May 14, 2014 and filed under Panerai, News, Sotheby's, Watch Auctions.