The First Art Newspaper on the Net    Established in 1996 Wednesday, December 8, 2021


Modern Patek Philippe wristwatches dominate Sotheby's $8.2 Million Important Watches Auction in NYC
Patek Philippe Ref 5976, A Limited Edition White Gold and Diamond Set Automatic Flyback Chronograph Wristwatch circa 2016. Sold for: $287,500 (CHF 283,168/HK$2,247,498). Courtesy Sotheby's.



NEW YORK, NY.- Sam Hines, Worldwide Head of Watches at Sotheby’s, and Katharine Thomas, Head of Sotheby’s Watches & Clocks Department in New York, commented: “We are thrilled with the very strong results from yesterday’s sale, which saw enthusiastic international bidding from the United States, Europe, Asia and the Middle East, with a significant number of new bidders and buyers. The strength of the market was reflected in the tremendous results for modern Patek Philippe wristwatches and Nautilus references, which comprised 90% of our top lots sold and were the overall standouts of the sale. We were equally excited to see such strong results for a variety of Rolex references, including a new world auction record for a Rolex ref. 5513/5517 Military Submariner, which achieved more than four times its high estimate. We are encouraged by the depth of the market at every level, and look forward to carrying this momentum into the new year.”

AUCTION HIGHLIGHTS

IMPORTANT PATEK PHILIPPE MINUTE-REPEATING WRISTWATCHES

Leading the selection of important Patek Philippe minute-repeating wristwatches was the Ref 5033, A Platinum Automatic Annual Calendar Minute Repeating Wristwatch, which sold for $300,000. The reference was first introduced to the market in 2002, encased exclusively in platinum. According to scholarship, the firm produced the reference in a series of fewer than 80 pieces.

Ref 5079J, A Yellow Gold Minute Repeating Wristwatch with Enamel Dial achieved $250,000. The reference was launched in 2001, and to the best of our research, only about 70 examples were produced within a five-year period before the reference was retired.

PATEK PHILIPPE NAUTILUS
Today’s auction was highlighted by an exceptional offering of modern Patek Philippe Nautilus references, led by limited edition wristwatches to celebrate the 40th anniversary of the Nautilus. Produced as a commemorative, limited series of 1,300 examples, A Ref 5976/1G Nautilus 40th Anniversary Limited Edition White Gold Automatic Flyback Chronograph Wristwatch made in 2016 achieved $287,500. The vibrant blue dial is adorned with baguette diamond hour markers and embossed with 1976-40-2016 to pay tribute to the exciting occasion.

A Patek Philippe Ref 5711/1P Nautilus, A Platinum Automatic Wristwatch circa 2016, achieved $275,000. The firm produced a limited edition of 700 watches in platinum for the occasion, each enhanced with an embossed logo at 6 o'clock reading "40 1976-2016", and diamond-set hour markers.

ROLEX DOUBLE REFERENCE MILITARY SUBMARINER
Appearing at auction for the first time, a Rolex Ref 5513/5517 Military Submariner, A Stainless Steel Automatic Center Seconds Wristwatch made for the British Military, circa 1974 soared to $262,500, more than four times its $60,000 high estimate and a world auction record for a double reference military submariner. The firm created the historic Military Submariner upon special request from the British Ministry of Defense. These commissioned pieces were designed to be worn by soldiers during combat, featuring the iconic military designation 'T' below the arbor.










Today's News

December 13, 2019

World's oldest artwork uncovered in Indonesian cave: study

Investors must pay back Sotheby's over forged Frans Hals, court finds

Hauser & Wirth announces representation of Avery Singer

Egypt unveils 'rare' ancient pharaoh bust

Russian billionaire loses Monaco battle with art dealer

Mexico makes deal to defuse naked Zapata painting row

Head cones in ancient Egyptian graves cap archaeological debate

Saint Louis Art Museum receives gift of collection of 19th-century photography

Perrotin Tokyo opens an exhibition of works by Takashi Murakami

Keith Haring mural in Amsterdam preserved for the future

Christie's First Open sale highlighted by kinetic work from New Media artist collective, BREAKFAST

White Cube announces representation of the estate of Bram Bogart

Louise Giovanelli's first solo show in Italy on view at Frutta Gallery

Griffin Museum of Photography opens an exhibition of black and white images by Joshua Sariñana

JEMP 2019 -Mechanical: An experimental music festival inspired by Polish Constructivism opens in London

Modern Patek Philippe wristwatches dominate Sotheby's $8.2 Million Important Watches Auction in NYC

Exhibition explores the importance of works by architects associated with the Avant-Garde

Christie's Magnificent Jewels totals $67.5 million

"An Exceptional Eye: Collections of a Free Spirit" achieves €12.5 million at Christie's Paris

JR's street gallery comes indoors

Rare Rolex Khanjar takes off at Bonhams Fine Wristwatches sale

Dix Noonan Webb to sell extremely rare 16th century hawking whistle

Garage Museum of Contemporary Art launches the experimental program Garage Digital

The Florida Aquarium partners with NOAA on new coral reef restoration initiative

Best Museums in the world, worth traveling for!

Virginia Museum of Fine Arts acquires painting commissioned by King George III

Seven centuries from the Woodner Collections celebrated at National Gallery of Art

Calgary Company Announces Not One But TWO Gifts of Public Art by Internationally Renowned Artists




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
produces:

ignaciovillarreal.org avemariasound.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful