Christies Clocks $91 Million Worth of Watches in 2010

Are classical timepieces the great investment in this still uncertain mercantile climate? Christies record-breaking $91 million worth of watch sales clocked (ahem) in 2010 shouts the resounding hell yes. The tip timpiece of the year during the famous firm was the unique Patek Philippe bullion chronograph Reference 1527 (above) manufactured in 1943 which sold for the record-breaking $5.7 million most likely to Pateks own museum during Christies in Geneva in May. Pateks ruled the roost, of course, accounting for the tip eight prices out of ten completed opposite the board, the upper 5 all topping $1 million apiece.

The peculiar male out was the $706,000 Daniel Vaucher one-off. The $91 million is the top annual total ever completed for watches during the global auction house, as well as beats all the others hands down. Christies watch auctions opposite the globe completed sell-through rates upon tip of 90% by value. So with such positive signs, why wait for the little fancy-ass auction to amass the collection? There are over 17,000 timepieces upon James to take the swing at, from the $1.28 million solid Patek to the $99 very old Minerva pocket watch as well as everything in between.

Tweet

Comments

Post a Comment

Popular posts from this blog

Sommelier Of The Year, Sponsored by Piper Heidsieck.

Image
Sommelier, its a wonderful word and so much better than wine taster, theres something rather grand and majestic about it. And why shouldnt there be a professional term for this wonderful craft? Where would we be in a sea of perplexing Pinots and baffling Burgundies? Wed be risking fine dining faux-pas, marrying the wrong vintage to the wrong dish, wasting our money and disappointing our palettes. This is precisely why Piper Heidsieck , sponsor the UK Sommelier of the Year Awards, working alongside the Academy of Food and Wine ensure that talented sommeliers are given they recognition they deserve. Last week saw the annual ceremony take place in a plush hotel just off Knightsbridge, where drinks industry heavies rubbed shoulders alongside young upcoming talent, each individual cherry-picked from around the UK. A night of celebration centred around a champagne dinner. The three finalists battling for the Sommelier title had already completed an afternoon of practical tests in front of a...
Keep reading

Ponzi Schemer Bernie Madoff and his wife’s Belongings Auctioned

Image
U.S. Marshalls Service on November 13th held an auction at the Sheraton New York Hotel & Towers, where Ruth Madoff’s 10.5 carat diamond ring brought in the big bucks. This was actually an auction of the belongings of Ponzi schemer Bernie Maddof. Mrs. Maddof’s diamond ring was sold for 550,000, while her diamond earrings went for over 100,000. Apart from these two jewels, other items belonging to Ruth Maddof were also sold, and they brought in a total of $2million. Bernie Maddof’s Rolex “Moon Phase” also went under the hammer for $67,500. A Steinway & Sons grand piano also brought in $42,000. The couple’s king-sized bed went for $2,250. Who bought the bed? Tally Wiener, the lawyer who helped liquidate Fairfield Sentry, a fund, which fed money into Madoff’s accounts before going under. He said he will offer the bed to Mrs. Madoff. Bernie’s velvet slippers with his initials stitched in gold thread were sold for an amazing $6,000. Some man even bought his unused box...
Keep reading

Jaeger-LeCoultre Master Eight Days Perpetual 16124SQ Watch Available On James List

Image
Back in 2007 Jaeger-LeCoultre expelled this Master Eight Days Perpetual calendar (ref. 16124SQ) watch - as well as it still looks beautiful today. With an original cost of about $100,000 , there have been (relative) deals to be found today. The skeletonized black 'frosted' transformation is amazing to demeanour at, but you'll have to forgive the pattern for creation we hunt the bit for all the report which we have available upon the dial. The transformation tone is essentially due to ruthenium, as well as there have been pure discs all over the dial. Set in the 41mm wide 18k pinkish bullion "Master" pick up case, the watch nicely mixes classical Jaeger-LeCoultre cultured with the visible seductiveness of the complicated style skeletonized movement. Legibility is maintained through use of bullion hands as well as hour markers which contrast with the gray alternative elements which have been great. Jaeger-LeCoultre knows which people wearing the watch will be primar...
Keep reading