Phillips in Association with Bacs & Russo Presents
Hong
Kong Watch Auction: EIGHT
Led by
The Fresh-to-the-Market Patek Philippe Reference 5002G Sky
Moon Tourbillon
Timepieces by Patek Philippe, Rolex, Vacheron
Constantin, Greubel Forsey, and Audemars Piguet Highlight the Sale
Public Exhibition: May 23-27 | Auction: 28 May
2019
JW Marriott Hong Kong
HONG KONG – 26 April 2019 – Phillips in Association with Bacs & Russo, the global
market leader in collectors’ watches, is delighted to unveil highlights
from The Hong Kong Watch Auction: EIGHT. Featuring over
290 lots, the auction will be held at JW Marriott Hong Kong, starting at 12pm
on 28 May, 2019. Led by one of the most complicated watches ever
made, the Patek Philippe reference 5002G, the spring auction also features
unique and rare timepieces from the leading watchmakers, including Patek
Philippe, Rolex, Vacheron Constantin, Greubel Forsey, and Audemars Piguet.
Thomas Perazzi, Head
of Watches, Phillips Asia, comments: “Following a strong and successful
year of Hong Kong sales in 2018 at Phillips,
which attracted record numbers of online and offline bidders
internationally, Phillips is delighted
to present the Hong Kong watch spring sale, which comprises an incredible
selection of vintage and modern watches. Many of the watches on offer are fresh
to the market including the Patek Philippe Sky Moon Tourbillon.”
TOP LOT OF THE SALE
Patek Philippe Reference 5002G
A highly important,
impressive and extremely rare white gold double dialed wristwatch with twelve
complications including minute repeating, tourbillon, perpetual calendar,
retrograde date, sky chart, moon phases, orbit display, sidereal time, leap
year indicator with certificate of origin, presentation box, setting pin and
hang tag. Circa 2007.
Estimate: HKD 6,200,000 -
12,400,000/ USD 800,000 – 1,600,000
In 2001, Patek Philippe
released its new millennium grand complication wristwatch, the Sky Moon
Tourbillon. This modern masterpiece incorporated innovations from their historic
past and inspired by the Star Caliber 2000, a celebration for the new
millennium that launched in 2000. It features two dials, one on either side of
the watch, and displays 12 complications.
This watch is fresh to the
market and is only the second known white gold version to appear in public.
Manufactured for important clients, research indicates that more examples in
yellow gold and platinum were made, with fewer in pink and white gold. This is
a very rare opportunity for a collector to own and cherish a watch that comes
from a long and established history.
OTHER
HIGHLIGHTS FROM Hong Kong Watch Auction:
EIGHT
Rolex
Reference 6541
An early, exceedingly rare and highly attractive anti-magnetic stainless steel
wristwatch with black honeycomb dial, flash seconds hand and bracelet. Circa
1958.
Estimate: HKD 2,300,000 -
4,000,000/ USD 295,000-513,000
The present example, created
in 1958, is one of the earliest reference 6541 produced. The most prominent
feature of the watch is its unusual and awe-inspiring seconds hand in the shape
of a lightning bolt. Giving the watch an unmistakable appearance, the present
watch is fitted with a wondrously beautiful and exceedingly rare black
“Honeycomb” dial, with circular hour markers and faceted triangular indexes at
3, 6, and 9 o’clock. Adding another element of collectability, the watch also
includes a rotating bezel with a red-colored triangle and a honey comb-patterned
dial.
Patek
Philippe Reference 5013R
An extremely attractive and rare pink gold tonneau-shaped
minute repeating perpetual calendar wristwatch with black dial and Breguet
numerals, retrograde date, moon phase, original certificate, presentation box
and Tiffany & Co. outer packaging. Circa 2007.
Estimate: HKD 2,100,000 - 3,000,000/ USD 269,000-385,000
While Patek Philippe’s reference 5013 spanned two
centuries, first released in 1992 and discontinued in 2010, it has the classic
charm and iconic style of early 20th-century watches with a tonneau-shaped case
and grand complication movement featuring repeat function combined with
perpetual calendar and moon phase. The present example is in excellent overall
condition. There are nine known examples of the reference in pink gold with
three, including this watch, with black dials.
Vacheron
Constantin Reference 35711
A
magnificent, lavish and exceptionally rare white gold with baguette diamond-set
bracelet watch with baguette diamond dial. Circa 1990.
Estimate:
HKD 1,420,000 - 2,400,000/ USD 182,000-308,000
Vacheron Constantin's Lord
Kalla bracelet watch combines Haute Horlogerie and Haute Joaillerie creating a
sublime baguette diamond-set wristwatch that appears to be constructed from
eye-catching diamonds. The Kalla models, first released in 1979, are part of
the larger Metiers d’Art collection and spring from the earlier Kallista
wristwatch, which as its name suggested is the “most beautiful.” The present
Lord Kalla comprised of 316 diamonds for an approximately weight of 58 carat.
Greubel
Forsey
A superlative and unusual pink gold worldtime and
dual-time wristwatch with power reserve indication, tourbillon regulator,
warranty and box. Circa 2013.
Estimate: HKD 1,170,000 - 1,950,000/ USD 150,000-250,000
Audemars
Piguet Reference 26221
An extremely fine and rare ceramic, carbon, titanium and
pink gold flyback laptimer chronograph wristwatch, numbered 24 of a limited
edition of 221 pieces. Circa 2015.
Estimate: HKD 780,000 - 1,560,000/ USD 100,000-200,000
Patek
Philippe Reference 1579
A very attractive and very rare pink gold chronograph
wristwatch with spider lugs and tachymeter scale, retailed by Gobbi, Milano.
Circa 1956.
Estimate: HKD 1,200,000 -
2,000,000/ USD 150,000-250,000
Patek
Philippe Reference 3448
A very fine, rare and important yellow gold perpetual
calendar wristwatch with moonphases, retailed by Gübelin. Circa 1977.
Estimate: HKD 780,000 -
1,180,000/ USD 100,000-151,000
Please
click here for images of highlights from the Hong Kong Watch Auction: EIGHT
Permission for the use of
any image is granted for timely reporting and auction review purposes only.
Image courtesy of Phillips / Phillips.com
Phillips Hong Kong
Spring Sale 2019
Location: JW
Marriott, 88 Queensway, Admiralty, Hong Kong
|
Date |
Auction |
|
26 May |
20th Century & Contemporary Art & Design
Day Sale: 10am |
|
27 May |
Jewels and Jadite: 2:30pm |
|
28 May |
The Hong Kong
Watch Auction: EIGHT: 12pm |
Hong Kong Watch Auction: EIGHT Global Preview Tour
|
Date |
City |
|
27- 28 April |
Singapore |
|
3-4 May |
Shanghai |
|
9-10 May |
Geneva Hôtel La Réserve, 301 Route de Lausanne, Geneva |
|
11-12 May 10am – 4pm |
Geneva |
|
18-19 May |
Taipei |
|
23-27 May |
Hong Kong |
ABOUT PHILLIPS IN ASSOCIATION WITH BACS & RUSSO
The team of specialists at Phillips Watches is dedicated to an uncompromised
approach to quality, transparency, and client service, achieving a sale total of $ 108 million in 2018 – its third
consecutive year as the worldwide market leader in watch auctions.
A selection of our recent record-breaking
prices:
1.
Paul Newman’s Rolex “Paul Newman” Daytona reference 6239 (CHF
17,709,894/US$17,752,500) – New York Auction: Winning Icons – 26 October 2017 –
Highest result ever achieved for any wristwatch at auction.
2.
Patek Philippe reference 1518 in stainless steel (CHF 11,020,000
/US$11,112,020) – Geneva Watch Auction: FOUR – 12 November 2016 – Highest
result ever achieved for a Patek Philippe wristwatch at auction.
ABOUT
PHILLIPS
Phillips
is a leading global platform for buying and selling 20th and 21st century art
and design. With dedicated expertise in the areas of 20th Century and
Contemporary Art, Design, Photographs, Editions, Watches, and Jewelry, Phillips
offers professional services and advice on all aspects of collecting. Auctions
and exhibitions are held at salerooms in New York, London, Geneva, and Hong
Kong, while clients are further served through representative offices based
throughout Europe, the United States and Asia. Phillips also offers an online
auction platform accessible anywhere in the world. In addition to providing
selling and buying opportunities through auction, Phillips brokers private
sales and offers assistance with appraisals, valuations, and other financial
services.
*Estimates
do not include buyer’s premium; prices achieved include the hammer price plus
buyer’s premium.
PRESS CONTACTS:
HONG KONG – Ingrid Hsu, Public Relations Director, Asia
Ingridhsu@phillips.com +852 2318
2043
GENEVA - Asta Ponzo, PR Consultant aponzo@phillips.com +41 79 961 85 66
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