All Entries Tagged With: "Patrizzi & Co."
Cartier, Patek Top Sellers At Patrizzi & Co. New York Auction
Patrizzi & Co. opened the 2010 season on March 9 in New York City. Sales exceeded $2 million and two-thirds of the 161 lots sold. The top price of $250,000 was paid for a 1929 gold and nephrite Cartier Comet table clock featuring grande sonnerie chimes—the most complicated mechanism ever made by the company. A Patek Philippe Celestial ref. 5102 wristwatch brought $180,000, and a platinum Louis Cartier Art Déco Tank watch produced in 1929 set a world record at $135,000 – well above the presale estimate.
Patek, Cartier Highlight Patrizzi & Co. Auction March 9 in NYC
Patrizzi & Co. will open their 2010 season in New York City on March 9 with a sale titled “Timeless Emotions—Collecting Pocket Watches, Wristwatches and Clocks”. The sale includes more than 150 collector pieces. Highlights include a 1929 gold and nephrite Cartier table clock featuring grande sonnerie chimes—one of two clocks with the most complicated mechanism ever made by the company.
Patrizzi & Co. NYC Auction Totals $4.2 Million
Patrizzi & Co. closed 2009 in New York City with an auction focused on collector-level timepieces offering just 93 lots. The sale generated $4,225,300, with Patek Philippe accounting for more than half the total value. Patrizzi & Co. finishes the year with sales over $34 million from eight auctions in New York, Geneva and Milan. A yellow gold Patek Philippe ref. 2499 Second Series brought the top price at $720,000.
Patrizzi & Co. December 14 NYC Auction Includes Custom Patek 3970 Set
On December 14 in New York City, Patrizzi & Co. will offer an extremely rare set of four Patek Philippe perpetual calendar chronographs, ref. 3970, featuring custom dials with diamond indexes. The set consists of four pieces, one each in 18k yellow, white and rose gold, and one in platinum, with corresponding dial colors. The pre-sale estimate for the set is $750,000 – $1,000,000.
Patrizzi & Co. Geneva Auction Brings Over $6.2 Million
In the month leading up to the Patrizzi & Co. auction on October 25, more than 3,500 people visited the house’s web site each day to research items included in the sale. On sale day in Geneva, about 60 bidders were present in the auction room and another 45 participated online. 70% of the 253 lots were sold in two sessions, achieving CHF6,345,600 or about $6,230,525.
Patek Sky Moon Tourbillon Brings $1.2 Million at Patrizzi Auction
A Patek Philippe Sky Moon Tourbillon in yellow gold, Ref. 5002, sold for $1.2 million at the Patrizzi & Co. auction in New York on October 7. This is the highest price paid for a wristwatch at auction since the beginning of the recession. The watch was purchased by a customer in Europe. CEO Osvaldo Patrizzi said “In the current global recession, this $1.2 million sale result is extraordinary. This auction demonstrates that while demand for mid-level watches for collectors is softening, extraordinary, very rare, limited-edition pieces are still in demand and in some occasions increasing in value.”
Patrizzi & Co. NYC Spring Sale Brings $2.7 Million
Patrizzi & Co Auctioneers held its first New York City auction on June 4. The sale included 293 timepieces. Seventy-three percent of the lots sold for a total of more than $2,707,150. More than 50 bidders were present in the auction room, and online bidders participated from Italy, Switzerland, Macao, Portugal, Japan, Dubai, and across the U.S.
Patrizzi & Co. Watchmaking Masterpieces
On 4 June in New York City, Patrizzi & Co. will auction a collection of watchmaking masterpieces including Patek Philippe references 2499 third series and 3940 first series, so-called 58/60. Pieces to be auctioned will be on display June 1 – 3 at Patrizzi & Co. 595 Madison Ave., Sixth Floor, NY, NY. Additional exhibitions in Milan and Geneva will be be announced.
Patrizzi & Co. European Renaissance Clocks
Patrizzi & Co. will auction a collection of European renaissance clocks on Sunday 24 May at the Grand Hotel Et De Milan in Milan, Italy. The pieces to be auctioned will be on display on 21 – 23 May 2009, 10 a.m. to 7 p.m. and 24 May 2009, from 10 a.m. at Patrizzi & Co, Via Monte di Pietà 24, 20121 Milan, Italy.
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