Diamond-embellished watches excel at Hindman sale

Diamond embellished watches

Patek Philippe 18K rose gold and diamond ref. 5980-1á Nautilus wristwatch. Price realized: $75,000. Hindman image

CHICAGO – Hindman saw stellar results from the remotely executed Fine Timepieces auction held on Wednesday, May 13. The 71-lot auction realized over $600,000, surpassing the high estimate and selling 99% of the lots included in the sale. Absentee and Internet live bidding was available through LiveAuctioneers.

Prominent brands, like Rolex, Patek Philippe and Cartier continued to bring exceptional results with multiple lots selling near or over the high estimates. The top-selling lot of the sale was a Patek Philippe REF. 5980-1 Nautilus wristwatch in 18K rose gold with diamonds and a mother-of-pearl chronograph subdial (above). This timepiece realized $75,000, surpassing its presale estimate of $60,000-$70,000.

A Franck Muller Double Mystery wristwatch (below) in white gold and diamond inlays was a top seller at $27,500 against a presale estimate of $10,000-$15,000.

Diamond embellished watches

Franck Muller, 18K white gold and diamond Double Mystery wristwatch. Price realized: $27,500. Hindman image

A Cartier Tortue XL wristwatch in 18K white gold with diamond inlays was one of many exciting results of the day selling for $60,000, three times its high estimate. Bidders were enamored with the 164 baguette-cut diamonds inlaid in the bezel and dial of this remarkable modern example of Cartier’s legendary model.

Diamond embellished watches

Cartier 18K white gold and diamond ref. hp100502 Tortue XL wristwatch. Price realized: $60,000. Hindman image

The top Rolex of the day was a platinum Cosmograph Daytona wristwatch (lot 66) Ref. 116506. This example of the iconic Rolex featured an ice-blue dial with center sweep seconds, chronograph subdials at 3, 6 and 9 o’clock and a chestnut brown bezel. The watch easily beat its presale estimate of $30,000-$40,000 selling for $58,880.

Diamond embellished watches

Rolex platinum, ref. 116506 Cosmograph Daytona wristwatch 40mm case diameter. Price realized: $58,880. Hindman image

Other highlights from the auction included a highly sought-after Patek Philippe REF. 5711/1A-010 stainless steel Nautilus wristwatch that sold for $55,000 (below); a Rolex Black Zebra Datejust wristwatch REF. 116199 in 18K white gold that realized $27,500; and a Cartier Clé de Cartier Panther Décor wristwatch in 18K white gold with diamond inlay that sold for $25,600.

Diamond embellished watches

Patek Philippe, stainless steel ref. 5711/1a-010 Nautilus wristwatch. Price realized: $55,000. Hindman image

Hindman is now welcoming consignments for its next Timepieces Auction, Oct. 6, 2020.

View top auction results on LiveAuctioneers here: https://www.liveauctioneers.com/pages/recent-auction-sales/