Patek Philippe Sky Moon Tourbillon sells for $1.2 million at October 7 New York auction by Patrizzi & Co.

A Patek Philippe Sky Moon Tourbillon, Ref. 5002, sold for $1.2 million, at the October 7, 2009 Patrizzi & Co auction in New York.

It is the most paid in an auction for a wristwatch since the economic recession. Purchased by a customer in Europe, the 18k yellow gold double-faced wristwatch features a black dial, a rare metal-color combination. Sales in the auction totaled $3,230,700.

The Patek Philippe Sky Moon Tourbillon, Ref. 5002 is the most complicated Patek Philippe wristwatch as on today. The model auctioned during Patrizzi & Co auction in New York  (Ref. 5002J-010 bearing case no. 4287163 and movement no. 3350020) was sold on December 17, 2004.

This 18k yellow gold, double-faced, tourbillon regulator wristwatch incorporates 12 complications, including perpetual calendar, retrograde date, day of the week, leap-year cycle, month, moon age, minute repeater with cathedral gongs and tourbillon movement, sidereal time and sky chart.

Accompanied by original fitted box, setting pin, official Swiss chronometer certificate, and Certificate of Origin, this timepiece was auctioned for $1,200,000 (American record $1,240,000 set in 2007) at October 7 New York auction by Patrizzi & Co.

Other than this exceptional timepiece, some of the mechanical marvels from world’s prestigious watch houses such as Patek Philippe & Vacheron Constantin were also auctioned for astonishing prices.

Highlights

1. Patek Philippe Commemorative Minute Repeater, Ref. 5079

Patek Philippe Genève, Ref. 5079 J-010, minute repeater wristwatch, case no. 4261702, movement no. 1904150, sold on December 1, 2004. 18k yellow gold, large, minute-repeating, self-winding gentlemen’s wristwatch with cathedral gongs, 48-hour power reserve, interchangeable back, original box and papers. Made in a limited series of five examples in 2004 for the 50th anniversary of George Pragnell Jewellers in Stratford-Upon-Avon, England. Sold for $360,000

2. Vacheron Constantin Skeleton Minute Repeater, Ref. 30030

Vacheron Constantin, Ref. 30030, case no. 633178, movement no. 812609, made in 1996. 18k pink gold, minute-repeating, gentlemen’s wristwatch with original box, Certificate of Authenticity and booklet. Production was limited to 200 examples in pink gold. Caliber 1755, named in honor of the year Vacheron Constantin was founded, was introduced in 1993. At 3.28 mm thick, the caliber is the world’s thinnest minute repeater. Sold for $280,000

3. Patek Philippe set of four Calatrava wristwatches with “Birds of Paradise” cloisonné enamel dials, Ref. 5075.

Patek Philippe, Genève, Ref. 5075G, 18k white gold wristwatches, each featuring a different species of tropical bird. Manufactured in limited edition of 15 sets in 2001 and purchased in 2004; accompanied by Certificates of Origin. Sold for $165,000

4. Patek Philippe set of four Gondolo wristwatches with “Barques” cloisonne enamel dials, Ref. 5076

Patek Philippe, Genève, Ref. 5076P, platinum wristwatches, each featuring a different sailboat on the dial. Manufactured in a limited edition of 10 sets in 2004 and purchased in 2004. Accompanied by Certificates of Origin and fitted box. Sold for $155,000

5. Patek Philippe yellow gold Chronograph, Ref. 1463, with two-tone dial

Patek Philippe, Genève, Ref. 1463J, case no. 653476, movement no. 867442; made in 1948, sold on June 14, 1949. 18k yellow gold, water-resistant, gentlemen’s wristwatch with round-button chronograph, tachometer, 30-minute register, and accompanied by an Extract from the Archives. Sold for $92,000

6. Patek Philippe, pink gold Perpetual Calendar with retrograde date, Ref. 5050

Patek Philippe, Genève, Ref. 5050R, case no. 2998720, movement no. 1957726, made in 1996, sold on May 5, 1998. 18k pink gold, astronomic, self-winding, water-resistant, center-seconds, gentlemen’s wristwatch with perpetual calendar, phases of the moon, leap year indication, months, days of the week, retrograde date, and accompanied by an Extract from the Archives. SOLD for $77,000

7. Vacheron & Constantin, Genève, Gerard Mercator 1594-1994, Ref. 43050

Vacheron & Constantin, Genève, Gerard Mercator 1594-1994, Ref. 43050, case no 674976, made in a special edition launched in 1994 to commemorate Britain’s handover of Hong Kong to China, dial by Lucie & Jean Genbrugge, completed on July 1, 1997. 18k yellow gold, self-winding, water-resistant, gentlemen’s wristwatch with multicolored cloisonné enamel dial representing the People’s Republic of China with double retrograde sectors graduated for 12 hours and 60 minutes. Sold for $49,000

Courtesy: Patrizzi & Co

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