Sotheby’s Hong Kong Sale of Important Watches Brings US$7.14 Million

Sotheby's Auction Results

Sotheby’s October 6 Hong Kong’s sale of Important Watches totaled US$7.14 million, establishing Sotheby’s highest-ever total for a various owners sale of important watches. The auction was 79.9% sold by lot and 85.8% by value. Leading the sale was a Greubel Forsey Double Tourbillon 30º Vision No. 2 with mother-of-pearl dial, circa 2004, which sold for US$325,641 against a pre-sale estimate of $200,000 to $300,000.

Top Lot: Greubel Forsey

Asian and European collectors competed enthusiastically for exceptional examples. A Patek Philippe platinum minute repeater, ref. 5078P, circa 2006, brought $310,256.

Patek Philippe ref. 5078P

This Richard Mille platinum split seconds chronograph tourbillon wristwatch with power reserve and torque indication, RM 008, realized $279,487.

Richard Mille RM 008

A Patek Philippe platinum and diamond-set perpetual calendar chronograph with moon phase and leap year indication, ref. 5971P, circa 2009, brought $271,795.

Patek Philippe ref. 5971P

Rounding out the top 5 was a Richard Mille limited edition alusic skeletonized tonneau-shaped tourbillon, RM 009 Felipe Massa, which sold for $248,718.

Richard Mille RM 009

Complete results are available at the Sotheby’s website.

About Mike Disher

Mike Disher's interest in watches dates to 1972, and he caught the internet bug in 1997. In 1999 he combined these interests by joining as its first full-time employee, and later that year attended his first Basel Fair. Disher managed TZ from 2000-2007, and joined WatchTime in 2008.

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