RapNet


Rapaport News

 

Watches

 
Rapaport Broadcast
Martin Rapaport’s Webinar on Estate Jewelry
October 30 2019

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Complex Patek Philippe Watch Up for Auction

Mar 13, 2017 11:47 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
This spring, Sotheby’s will auction what it claims is Patek Philippe’s most complicated watch.

The pocket watch, the Calibre 89, is estimated at $6.4 million to $9.9 million, the auction house said in a recent statement. The timepiece, which took Patek Philippe almost 10 years to build, was unveiled in 1989 to mark the 150th anniversary of the iconic Swiss watchmaker.

The yellow-gold watch has 33 complications, or features other than the time display – nine more than the brand’s Henry Graves Supercomplication, which Sotheby’s sold for a world-record $24 million in 2014.

The Calibre 89 will lead Sotheby’s Important Watches auction in Geneva on May 14.

“This is undoubtedly one of the most extraordinary timepieces we’ve ever had the privilege to offer,” said Daryn Schnipper, chairman of Sotheby’s international watch division.
Tags: Auctions, Calibre 89, Daryn Schnipper, Henry Graves, Important Watches, patek philippe, Rapaport News, Sotheby’s, Supercomplication, watches, watchmakers
Similar Articles
Swiss Watches:Swiss Watch Exports See First Drop in 18 Months
Oct 22, 2018
A shorter working month cut into shipments of Swiss watches,which fell...
More Brands Quit Baselworld 2019
Baselworld Looks to Reduce Prices
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us