RapNet


Rapaport News

 

Polished Markets

 
Rapaport Broadcast
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

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

Sotheby’s to Sell More Than 800 Luxury Watches

Auction house will hold four sales of the timepieces over the next year and a half.
May 21, 2019 8:08 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... A private collection of more than 800 luxury watches will go under the hammer at four Sotheby’s auctions in London, Geneva, New York and Hong Kong over the coming year and a half.

The Masterworks of Time sale series comprises pieces from the last 500 years that have been out of the public eye for a long time, Sotheby’s said recently. The collection also encompasses clocks from the past 400 years. All four sales are expected to fetch $15 million to $27 million combined.

“Assembled with a keen eye and tremendous knowledge, this is a truly unique collection, shaped by years of searching for the best examples of their kind,” said Daryn Schnipper, chairman of Sotheby’s international watch division. 

A platinum, pink-gold and enamel watch, made by A. Lange & Söhne for the 1900 Paris World Exhibition, will feature in the Geneva sale, which will take place in November. Estimated at $900,000 to $1.2 million, it last appeared at auction in 1990.

The Space Traveller I, a gold watch created by George Daniels in 1982 to commemorate the 1969 American moon landing, will go under the hammer in London in July, for $900,000 to $1.2 million. The watch, which Daniels made for himself and wore as a showpiece, was initially auctioned in Geneva in 1988, where it achieved CHF 220,000. A second version of the watch, the Space Traveller II, sold at Sotheby’s in 2017 for $4.3 million.

A gold, enamel and diamond-set watch by Joehan Cremsdorff, created in Paris around 1650 will also be up for sale in London, valued at $900,000 to $1.2 million. The piece last appeared at auction in 1986, where it achieved CHF 1.8 million, at the time the highest price for any pocket watch sold at auction.

The sales will take place between July 2019 and October 2020.

Image: The Lange & Söhne watch. (Sotheby’s)
Tags: A. Lange & Söhne, Daryn Schnipper, George Daniels, Joehan Cremsdorff, luxury watches, Masterworks of Time, Rapaport News, Sotheby’s, Space Traveller I
Similar Articles
BDBIndia’s Diamond Shipments Decline
Feb 26, 2020
India’s polished-diamond exports dropped 6% to $1.65 billion in January, reflecting a lower...
Lab Spots New Method for Masking Synthetics
China’s Diamond Trade Weighs Virus Effect
Couples Spending More on Engagement Rings
Ellen Joncheere HRD AntwerpHRD Antwerp Not for Sale (for Now)
Feb 23, 2020
The Antwerp World Diamond Centre (AWDC) has postponed the...
Rapaport Weekly Market Comment
Podcast: How Big a Threat Is the Coronavirus?
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