NEW YORK – A 70-year-old Patek Philippe watch sold for $600,000 on Dec. 10, establishing the record for the most valuable watch ever sold in a Christie’s online auction. View the fully illustrated catalog on LiveAuctioneers.
The magnificent Patek Philippe reference 1463 watch (above) in pink gold was retailed by Serpico Y Laino in the early 1950s.
Three additional auction records were set including the world auction record for a Patek Philippe Nautilus reference 3800 (above), which achieved $312,500; a Cartier “Crash” in yellow gold that sold for $225,000, over three times its estimate; and the F.P. Journe Platinum, Chronometre Souverain, De Boulle Edition, No. 547-Cs, which sold for $100,000, over four times its estimate.
Other notable results included a Patek Philippe reference 2499 in yellow gold that realized $512,500; a magnificently preserved Rolex reference 6236 (above), now known as “Jean Claude Killy” named after the Olympic champion skier and Rolex ambassador, which sold for $312,500; and a rare stainless steel Rolex “Paul Newman Panda” ref. 6263 with tropical dial (below) that achieved $400,000.
Christie’s Rare Watches New York: Online auction achieved a total of $7.7 million with 83% sold by lot, 100% sold by value, and 102% hammer above the low estimate.
View top auction results on LiveAuctioneers here: https://www.liveauctioneers.com/pages/recent-auction-sales/