This stunning Piaget Kanthara brought a multiple of its pre-sale estimate at Christie’s December 14 sale of fine collector timepieces in New York. Estimated at $200,000 to $300,000, lot 47 realized $602,500 when the hammer came down. Though nearly 400 lots followed, none exceeded the Piaget’s sale price, making it the top piece of the evening.
Christie’s sale notes indicate that the Kanthara was produced in very small numbers and in different versions: all diamonds, diamonds with rubies, diamonds with sapphires and diamonds with emeralds.
Piaget flew a pair of diamond and emerald set Kanthara wristwatches from Geneva to New York for the glamorous 1996 opening of their first North American boutique on Fifth Avenue.
The Kanthara originally was manufactured with diamonds totaling more than 100 carats.
See complete sale results at the official Christie’s Web site.