23 October 2018

Phillips in Association with Bacs & Russo Presents Hong Kong Watch Auction: SEVEN    


Introducing A Curated Selection of Rare and Exceptional Timepieces Encompassing Contemporary and Vintage Wristwatches, Fine Pocket Watches and Enamel Clocks


Auction to take place at the Mandarin Oriental Hong Kong on

27 November 2018


HONG KONG – 23 October 2018 –  Phillips in association with Bacs & Russo is pleased to announce the Hong Kong Watch Auction: SEVEN, which will be held on 27 November 2018 at the Mandarin Oriental Hong Kong. Comprising over 250 lots, the tightly curated sale will offer a meticulous selection of fine, collectable timepieces in excellent condition, all manufactured by the world’s most renowned watchmakers. Modern and vintage wristwatches, fine pocket watches and enamel clocks, including a line-up of fresh-to-the-market examples, will be on offer.

 

Thomas Perazzi, Head of Watches, Phillips, Asia, said: “Following the success of our May sale in Hong Kong, which was warmly-received by the international community of discerning watch collectors, Phillips is delighted to present the seventh installment of Hong Kong Watch Auction this November.  As we continue to expand our presence in the worldwide watch-collecting community, we will embark on Phillips Asia’s largest global watch auction preview tour – from our debut preview in Bangkok to Singapore, Shanghai, Taipei, London and Geneva. This endeavour is a testament to our commitment to offering the best-in-class quality, service and scholarship.

This season, we are excited to offer, yet again, a large selection of vintage timepieces at auction in Asia, whereby over half of the sale are vintage examples.  Highlights include a highly attractive Rolex Reference 6241 ‘John Player Special’ 18K yellow gold chronograph wristwatch, made circa 1968, from an Italian private collection, and a superlatives-abound Patek Philippe Reference 3448 white gold perpetual calendar wristwatch, made circa 1971, coming from the family of the original owner who bought such masterpiece from an official Patek Philippe retailer in Zurich in the early 1970s.  We are also delighted to offer limited editions of contemporary wristwatches – one of the six highly attractive and rare Richard Mille ‘RM 52-01’ ‘Skull’ wristwatches and an extremely elegant and rare Patek Philippe Reference 5079-J001 18K yellow gold ‘Cathedral’ minute repeating wristwatch which has been discontinued.  It is a particular privilege to have been entrusted by the founder of De Bethune with the sale of two timepieces from his private collection.  I, together with the global team, look forward to welcoming watch collectors and aficionados to our previews around the world and auction in Hong Kong.

 

IMPORTANT HIGHLY COMPLICATED CONTEMPORARY WRISTWATCHES


This is the first time for a Richard Mille “RM52” “Skull” – especially manufactured for the Asia market - and Ulysse Nardine’s bejewelled Genghis Khan model to be offered at auction.   In excellent condition, a rare and exceptional Greubel Forsey platinum double tourbillon wristwatch will also make its debut appearance at auction.  De Bethune’s DB25T and DB28T from the private collection of the manufacturer’s founder are notable lots that cannot be missed.


IMPORTANT HIGHLY COMPLICATED CONTEMPORARY PATEK PHILIPPE WRISTWATCHES

 

Phillips is honoured to offer an array of rare and prestigious contemporary Patek Philippe wristwatches in Hong Kong.  This is the first time for a London Edition of Reference 3970R re-introduced in 2015 to be offered at auction.  Two legendary 5004 models will be on offer - a 5004A in pristine condition will be offered; additionally, a possibly unique 5004J yellow gold example is expected to bring intense bidding.  Limited editions are amassed this season -  the elegant Reference 5079J featuring “cathedral” gongs is one of the 70 examples ever made; 5020P is one of the less than 20 examples cased in platinum.

 

IMPORTANT VINTAGE PATEK PHILIPPE WRISTWATCHES

 

Highly appealing and collectible vintage Patek Philippe wristwatches in excellent condition are selected for this season, the highlight of which is a Reference 3448 “Padellone” offered for the first time at auction.  Boasting all the best qualities, the present example comes from the family of the original owner who acquired this stunning example in the 1970s in Zurich. Iconic and classic references such as 130, 1463, 1518 and 2497 together offer a comprehensive glimpse of the history of haute horlogerie and Patek Philippe’s outstanding craftsmanship, enticing both scholars and collectors alike.


IMPORTANT VINTAGE ROLEX WRISTWATCHES


Phillips is honoured to offer a Rolex Reference 6241 “John Player Special” this season.  Fresh to the market, this exceedingly rare variant of the “Paul Newman” model is notably one of a few handful known “John Player Special” cased in 18K yellow gold.  Other exquisite vintage Rolex wristwatches include a highly sought-after and extremely rare Reference 6265 “Oyster Cosmograph” “3 liner” cased in yellow gold and a fresh-to-the-market Reference 3525 with “salmon dial”, both are stylish examples thus great additions to any watch collections.


IMPORTANT HIGHLY COMPLICATED PATEK PHILIPPE POCKET WATCHES

 

Even though wristwatches dominate the current international market place, collectors worldwide are also after complicated pocket watches, which serve as an excellent window to the traditional workmanship of a bygone era.

 

Phillips Hong Kong Fall Sale 2018

20th Century & Contemporary Art Evening Sale, 25 November 2018, 6pm HKT

20th Century & Contemporary Art and Design Day Sale, 26 November 2018, 10:30am HKT

Jewels and Jadeite, 26 November 2018, 2:30pm HKT

The Hong Kong Watch Auction: SEVEN, 27 November 2018, 12nn HKT

Location: Mandarin Oriental Hong Kong, 5 Connaught Road, Central, Hong Kong

 

Worldwide Preview Tour – Hong Kong Watch Auction: SEVEN

Bangkok

AETAS Lumpini hotel, 1030/4 Rama Road, 4 Khwaeng Si Yaek Maha Nak, Khet Sathon, Krung Thep Maha Nakhon 10120

20 October, 2018, 1pm – 7pm

21 October, 2018m, 11am – 7pm

London

Phillips London, 30 Berkeley Square, London W1J 6EX

26 – 29 October 2018, 10am – 6pm

Singapore

Four Seasons Hotel Singapore, 190 Orchard Boulevard, 248646, Singapore

3 – 4 November, 2018, 11am –  6pm

Shanghai

Capella Shanghai, Jian Ye Li, 480 West Jianguo Road, Xuhui District, Shanghai 200031, China

9 – 10 November 2018, 11am – 6pm

Geneva

Hotel La Réserve, 301 Route de Lausanne, 1293 Bellevue, Switzerland

8 – 9 November, 2018, 10am –  6pm

10 – 11 November, 2018, 10am – 4pm

Taipei:

Bellavita Gallery, B1/F, No. 28, Songren Road, Taipei, Taipei City, Taiwan 110

17 – 18 November 2018, 11am – 6pm

Hong Kong

Mandarin Oriental Hong Kong, 1/F & 2/F, 5 Connaught Road Central, Hong Kong

22 – 26 November 2018, 10am – 6pm HKT

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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 $112 million in 2017 – its second 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.

Visit www.phillips.com for further information.

*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.

 

PRESS CONTACTS: 

HONG KONG - Rhonda Yung, PR Consultant                  RhondaYung@phillips.com           +852 9800 2629

GENEVA - Asta Ponzo, PR Consultant                                     aponzo@phillips.com                      +41 799618566


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