Christie's opens the winter watch season tomorrow with an auction that will make a quantum leap

Salwa Azzam2021-03-24Last update: 2021-03-24

Christie's will open the winter watch season tomorrow with an auction that will make a quantum leap:

Prepare the market for an unprecedented auction event: Online Watch Auction: Dubai Edition It will be the world's most exclusive online auction to date. The team of experts at Christie's in Dubai has selected approximately 200 items expected to bring in a total of between $9,000,000 and $15,000,000. The auction is limited to a 16-day time frame during which registered bidders can track specific lots and interact directly with the Christie's platform.

Remy Julia, Director and Head of Watches Middle East - India - Africa - Russia said: «Online Watch Auction - Dubai Edition is poised to become an event that will revolutionize the world of watch auctions. Never in the history of watch auctions has there been a 100% online event that offers watches of this quality, both modern and antique. This was only possible thanks to the great reputation enjoyed by our experts in this field. In addition to being the ideal benchmark for measuring the current demand by watch collectors globally, the Dubai Edition brings together the world of fine watchmaking in one innovative format, and occupies a prominent position for Dubai as a global technical center for antique and modern watches.

Among the watches that will be auctioned will be some of the most sought-after pieces, from luxury complications by Patek Philippe and Gerald Genta to collectors' minute repeaters, and a selection of Rolex instrument watches, from the Dato-Compax watch with reference number 6036 to the watch. Rolex Big Crown reference number 5510, as well as an impressive selection of rare watches from one of the most prestigious independent watchmakers, FP Journe.

Christie's will open the winter watch season tomorrow with an auction that will make a quantum leap:

PATEK PHILIPPE REACHES NEW HEIGHTS

PATEK PHILIPPE Reference No. 5002P-001

Sky Moon Tourbillon, Platinum Ultra Rare Double Dial Wrist Watch, 12 Complications, Circa 2004

Estimated value $1,000,000-1,800,000 USD

Highlights include the rare piece With reference number 5002P Sky Moon Tourbillon Made of platinum (estimated value $1,000,000-1,800,000 USD), Which was not only the most complex Patek Philippe watch at the time, but also The first double-dial watch in the history of the Swiss manufacturer, it is sure to capture the interest of discerning collectors from all over the world.

Two other exceptional Patek Philippe watches will also be offered in this auction, both featuring a unique dial: the No. Reference 3990Plight gray port and the number Reference 5004R in sapphire harbour. And a selection of exceptional minute repeaters from the same brand are added, such as Minute repeater with perpetual calendar, reference number 5074P (estimated value 400,000-700,000 US dollars), and the luxury watch With reference number 5014P, a perpetual calendar minute repeater with a translucent mechanism (estimated value $400,000-600,000) and a rare match minute repeater in rose gold With reference number 5029 (estimated value $250,000-350,000) and made with 10 pieces of each metal (yellow gold, rose gold, white gold and platinum) to commemorate the anniversary of the manufacturer in 1997. The number is on top Reference 5071P and the number Reference 5971P The exquisite collection of watches set with square diamonds is sure to capture international attention.

ROLEX DOMINATION

Christie's will open the winter watch season tomorrow with an auction that will make a quantum leap:

Dato-Compax, Rare Steel Chronograph Triple Calendar Wrist Watch, circa 1952

Estimated value: 100,000-180,000 US dollars

Among the classic Rolex watches that occupies a high place on the coveted list, is the well-preserved watch Rolex Dato-Compax With reference number 6036Made circa 1952 (estimate $100,000-180,000). “Watches are items worth collecting.” The watch Rolex Submariner reference number 5510 “Big Crown” (125,000-200,000 USD), and the hour Rolex Sea-Dweller Reference Number 1665 “Patent Pending” (US$90,000-120,000), a rare Rolex . chronograph With reference number 3525In amazing condition ($150,000-300,000 USD).

The rise of independent watchmakers

On a pertinent note, the team selected a 7-hour collection FP Journe , including 3 platinum watches dating back to 2004, which are very prestigious and distinguished by their mechanisms made of brass and rhodium-plated: Resonance(estimated value $150,000-250,000 USD), zodiac, Of which only 150 were made, (100,000-150,000 USD), and Octa Automatic Elegant Pink Dial ($100,000-150,000). All of these watches have seen a surge in value over the last twelve months alone.

In addition to the Patek Philippe 3 minute repeaters, the auction will also include XNUMX models of the watch Great Complicationand the watch that at the time was one of the most complex and most expensive wristwatches in the world: the G watch.erald Genta Great Sonnerie and the hour Petite sonnerie Made in 1994 to celebrate the 25th anniversary of its founding Manufacturing company.

Stunning Jeweled Watches

Also on display are an impressive set of six medium-sized bejeweled Audemars Piguet watches belonging to the Royal Oak collection, and a unique brooch in white gold set with diamonds, sapphires, sapphires and emeralds and indicating three time zones (London, Mecca and Brunei).

Made for the Middle East

Hours closely related to the region will also be displayed. The selection includes watch models Antique Rolex Day-Date Reference Number 1804 They come with oriental Arabic numerals (also called Indian numerals) or emblazoned with the official emblems of ruling families or armed forces in the region. Featured watches created by independent watchmakers with strong ties to the UAE include the limited edition MB&F LM1 MAD Dubai and version Richard Mille RM 010 MBZ On the occasion of the Abu Dhabi Grand Prix.