Saturday, 28 May 2016 02:23

Rare watches auctioned at Sotheby's in Geneva

Since we love watches this was something we just had to write about. Passionate watch collectors fought a bid recently at Sotheby’s Geneva that sent the prices of the rare watches soaring into ten times more than their pre-sale estimates. So what was so special about the watches that saw a ten minute polite but aggressive bidding in a room?

 

At this recent sale of important watches at Sotheby’s in Geneva an extreme rare watch by Patek Philippe surpassed its estimate value to reach $475,488. It soared to more than ten times its pre-sale estimate. This watch is thought to be the one of two models of reference 844 in white gold. This minute repeating perpetual calendar watch with moon-phases from 1973 bears a full digital display of day, month and date held within a single aperture.

 

The watch was offered for the first time in auction, it’s a very rare stainless steel Patek Phillippe wrist watch with black dial and Breguet numerals. This is the only known example of this reference which combines a stainless steel case, black dial and pink gold Breguet numerals.

What were the other watches that pleasantly fetched a price more than its pre-sale estimates. There was the stunning example of Swiss Art Deco, a superb desk timepiece made by Vacheron Constantin, in collaboration with Verger Frères sold at $433,178. Created in 1926 eight collectors vied for this watch which features a mother-of-pearl dial by Vladimir Makovsky.

 

There was also a world auction record for a Heuer watch when Formula One driver Ronnie Peterson’s Heuer Carerra watch sold at $226,663, over 20 times the pre-sale estimate of CHF 10,000 – 20,000. Six passionate collectors vied for the watch during a ten-minute bidding battle. This reference 1158 was presented to Ronnie Peterson by Jack W. Heuer in 1972 on the occasion of the signing of a sponsorship deal.

Get ready to vroom with 77th F1 Monaco Grand Prix in style

Get ready to vroom with 77th F1 Monaco Grand Prix in style

22 May 2019

BEGIN THE MOST AWAITED ADVENTURE IN MONACO WITH LUXURY! With 700 unrivalled events hosted round the year, Monaco’s Grand Pri...

ONE Monte-Carlo gives you a comple luxury experience

ONE Monte-Carlo gives you a comple luxury experience

07 May 2019

After 4 years of construction, Monaco presents a whole new exclusive and comprehensive luxury experience, the ONE Monte-Carlo...

Pre-Fall Collection 2019 by Louis Vuitton

Pre-Fall Collection 2019 by Louis Vuitton

07 May 2019

Giving you the Louis Vuitton Pre-Fall 2019 collection.The collection is anchored in an autumnal atmosphere, a season boasting...

Your party has not ended if you have not visited the Casinos in Monaco

Your party has not ended if you have not visited the Casinos in Monaco

25 April 2019

Yes that's right. Your party has not ended if you have not been to the casinos in the land of the rich and the famous, the be...

CJ Living opens up its new luxe store

CJ Living opens up its new luxe store

11 April 2019

CJ Living has opened its luxury doors to all those who are house proud. The brand synonymous with luxury living houses a show...

Sharjah welcomes us with Festival of Light and home-cooked Arabic food

Sharjah welcomes us with Festival of Light and home-cooked Arabic food

10 April 2019

Every year Sharjah hosts the Festival of Light and www.luxepointindia.com was invited to witness the spectacular show which i...

Raju Baraiya is selected as the ‘Emerging Artist of the Year’ 2019  by Glenfiddich

Raju Baraiya is selected as the ‘Emerging Artist of the Year’ 2019 by Glenfiddich

03 April 2019

Every year The Glenfiddich Artist in Residence programme selects one emerging artists from India who gets a chance to spend t...

Summer brings a new menu at the Sorrento, Shangri-La's - Eros Hotel, New Delhi

Summer brings a new menu at the Sorrento, Shangri-La's - Eros Hotel, New Delhi

30 March 2019

Chef Massimiliano Sperli If you are an Italian food lover then you couldn't have missed the much loved Italian restaurant So...

Chef Julien Royer of Odette, 2-Michelin starred Singapore restaurant curates culinary experience at the JW Marriott, Aerocity, New Delhi

Chef Julien Royer of Odette, 2-Michelin starred Singapore restaurant curates culinary experience at the JW Marriott, Aerocity, New Delhi

20 March 2019

Delhi's handful got a taste of food curated by Chef Julien Royer, the co-owner of Odette, 2-Michelin starred modern French re...

Farzi dishes out a new menu

Farzi dishes out a new menu

15 March 2019

It was my first visit to Farzi cafe, Cyber Hub Gurgaon. Since its launch I hadn't been to any of the Farzi Cafe branches. All...