DALLAS – Riding a surge of demand for elite timepieces from some of the world’s top watch makers, Heritage Auctions’ Watches & Fine Timepieces Signature® Auction, held November 16, was a near-sellout event that realized $2,820,849.
“This auction drew nearly 1,800 global bidders and generated near-perfect sell-through rates,” said Director of Watches & Fine Timepieces at Heritage Auctions Jim Wolf. “That only underscores the fact [that] demand for elite watches such as Rolex, Patek Philippe, Daniel Roth and Audemars Piguet is as high as ever.”
A circa-1973 Rolex Oyster Cosmograph with tropical sub dials, Ref. 6265/6263, prompted 24 bids before it more than doubled its estimate to finish at $125,000. Launched in 1962, the Rolex reference 6265 and 6263 were manufactured in steel, 18K and 14K gold.
A circa-2018 Patek Philippe Nautilus, Ref. 5990/1A dual time flyback chronograph with date brought a winning bid of $150,000. In exceptionally high demand throughout the collecting community, this magnificent watch was housed in a 40.5 mm stainless steel case and included a striped gray dial with luminous indexes, local/home time and day/night apertures, date, 60-minute register, luminous baton hands and an open baton second time zone hand.
A circa-2022 Patek Philippe Aquanaut Ref. 5167A-001 as new full set drew 17 bids before ending at $65,625. With a black luminous dial with luminous hands, housed in a 40-1/2 mm stainless steel case, it was signed on the dial, case, movement and strap/butterfly closure, and was accompanied by a leather bi-fold containing the certificate of origin.
The auction also included a collection of 55 pocket watches from Dr. Paul Williamson Pierce III of Vicksburg, Mississippi. Dr. Pierce spent about 40 years adding to this extraordinary trove of timepieces, concentrating on those with complicated movements. Top pocket watches from his collection included a circa-1889 Patek Philippe & Co. minute repeating gold pocket watch with chronograph, perpetual calendar and phases of the moon, which sold for $93,750.
View top auction results on LiveAuctioneers here: https://www.liveauctioneers.com/pages/recent-auction-sales/