Patrizzi & Co announces the new work from its Patrizzi Pocket Expert series - an ongoing collection of pocket-sized watchmaking reference books - paying tribute to the Tourbillon with Gold Bridge from the Girard-Perregaux manufacture. The book contains clear explanations, in a pocket guide format, of the history and technical details surrounding an icon of the Swiss Haute Horlogerie. … [Read more...]
Patrizzi & Co.
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Sales in the Patrizzi & Co June 15 auction reached nearly $3 million with 145 of the 233 lots sold. The top lot was a minute repeater by F.P. Journe, featuring Grande et Petite Sonnerie striking chimes, which sold for $400,000. An eight-day Cartier Mystery clock with platinum, rock crystal and diamonds made in the 1940s attained $280,000. An 18k yellow gold Patek Philippe World Time with a cloisonné enamel dial fetched $140,000. … [Read more...]
World Time watches and clocks are collector favorites. Along with dual-time watches, these timepieces are particularly relevant in this era of global interaction. For its June 15 sale in New York, Patrizzi & Co Auctioneers will present a selection of "World Time" men's and women's wristwatches, pocket watches and clocks, along with other collector-level timepieces. … [Read more...]
Patrizzi & Co. sold a manuscript by Abraham-Louis Breguet for a record 2.3 million Swiss Francs (approx. $2,078,000) on Friday, May 7, in Geneva. Nicolas G. Hayek, president and CEO of Montres Breguet S.A. purchased the 354-page document on behalf of the Breguet Museum in Paris. Dictated by Breguet to his assistant over the last five years of his life, it is one of the most important horological documents in existence with in-depth explanations and drawings of Breguet's many innovations and … [Read more...]
On May 7 in Geneva, Patrizzi & Co. will auction a historic manuscript written between 1818 and 1823, during the last years of Abraham-Louis Breguet's life. The document, which recently resurfaced, chronicles Breguet's horological innovations, the history of his firm, watch calibers and complications, and his overall philosophy and designs. Breguet dictated the text to his assistant Louis Moinet and edited and noted corrections by hand. Breguet died in 1823 before it could be completed. … [Read more...]
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 … [Read more...]
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. … [Read more...]
Depeche Mode, Hublot, Patrizzi & Co. and Liveauctioneers.com are teaming up to offer twelve unique collector timepieces in an online auction with the full proceeds to benefit the Teenage Cancer Trust. Each timepiece bears the artwork of one of Depeche Mode’s legendary studio albums. Bidding opened yesterday and closes February 24. A sampling of the timepieces appears below. … [Read more...]
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. … [Read more...]
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. … [Read more...]
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. … [Read more...]
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, … [Read more...]
The Only Watch auction held September 24 raised €2,285,500 (slightly under $3,350,000) for research into Duchenne muscular dystrophy, a childhood disease. In all, Patrizzi & Co. auctioned 34 exceptional timepieces at the event, which took place during the Monaco Yacht Show. A unique Patek Philippe ref. 5160 brought the top bid of €535,000.00 or more than $780,000. … [Read more...]
Cabestan founder Jean-François Ruchonnet teams up with friend and five-time world champion rally driver Sébastien Loeb to present a unique Cabestan Winch Tourbillon Vertical for Only Watch. The back of the watch features Loeb's signature with an engraving of the legendary Formula 1 circuit in Monaco. The Cabestan has a vertically oriented tourbillon and fussee with chain movement with 1352 components. The watches are produced at a small manufacture with six highly skilled watchmakers in … [Read more...]
For Only Watch 2009, Piaget presents a unique example of their Emperador Coussin Large Moon. This model, introduced this year, houses Caliber 860P, a self-winding movement designed, developed and produced by Piaget. Within the 46.5mm 18k pink gold (5N) case, the oversize 12mm diameter moon phase display immediately attracts your eye, and if you look closely at this Only Watch, you'll see what makes it unique... … [Read more...]
The Jaquet Droz Only Watch '09, a unique Grande Seconde, combines a Grand Feu enamelled dial created using an 18th century technique with a case made of 21st century “high tech” ceramic. This unique timepiece proudly displays a rare red dial - red being the color of Monaco, the home of Only Watch. … [Read more...]
For Only Watch 2009, Patek Philippe has created a unique Ref. 5106 by adding a date display and other special features to the Celestial Ref. 5102. This one-of-a-kind piece is crafted in rose gold with a special guilloché pattern on the 22k rose gold bezel. The soft 22k gold allowed the unique guilloché pattern to be applied with a special hand tool created just for this watch. … [Read more...]
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. … [Read more...]
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. … [Read more...]
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. … [Read more...]
On Sunday March 22 in Milan, Patrizzi & Co. auctioneers brought the hammer down on the Davide Blei Rolex collection, selling 98% of the lots for a total of 2,736,400 euro or slightly more than $3.7 million. The sale result does not include a buyer's premium, as Patrizzi & Co. does not charge a buyer's premium. More than 200 people followed the auction, including more than 100 online. In a press release Patrizzi & Co. said "[I]t is comforting to know that despite a global economic … [Read more...]