Phillips New York Watches Auction (WINNING ICONS – Legendary Watches of the 20th Century) 26 October 2017 – Top Ten Lots

Phillips in Association with Bacs & Russo, the worldwide market leader in watch auctions, in its inaugural New York sale realized $28,875,750 / CHF 28,806,448 / €24,769,618- the highest total for a watch auction in US history.

The auction was led by the Paul Newman’s legendary Rolex “Paul Newman” Daytona, watch which sold for a whopping $17,752,500 (CHF 17,709,894 / €15,228,095), a world record for a wristwatch at auction. The timepiece sold to an anonymous bidder.

One of the world’s most legendary and sought after of all mechanical wristwatches, this timepiece is the only “exotic”-dialed Daytona that Mr. Newman owned, inspiring the legendary nickname for the most prestigious versions of Rolex’s Daytona.

Another highlight of the auction was a Patek Philippe Perpetual Calendar Chronograph reference 1518 in pink gold, which sold for $975,000 / CHF 972,660 / € 836,355. The world’s first perpetual calendar chronograph produced in series, only 281 examples were made – the vast majority in yellow gold, rarely ever seen in pink gold, and only four known in stainless steel.

A Philippe Dufour Duality (crafted in 1996) watch was sold for $915,000 / CHF 912,804 / €784,887. This iconic watch is the world’s first wristwatch incorporating a double escapement. Only nine were made including the present watch with the extraordinary number ‘00’ – the very first Duality made by the master himself.

  • Lots Sold: 49
  • Lots Offered: 49
  • Sale Total: $28,875,750 / CHF 28,806,448 / € 24,769,618

Top Ten Lots

Lot 8: ROLEX, Ref. 6239: Paul Newman’s Rolex “Paul Newman” Daytona – An iconic, highly attractive, and historically important stainless steel chronograph wristwatch with off-white dial and tachymeter bezel. Sold for $17,752,500/CHF 17,709,894/ €15,228,095 (World Record for a Wristwatch at Auction)

Lot 50: PATEK PHILIPPE, Ref. 1518 – An extremely fine, rare and highly attractive pink gold perpetual calendar chronograph wristwatch with moon phase indication and tachymeter scale. Sold for $975,000/ CHF 972,660/ € 836,355.

Lot 47: PHILIPPE DUFOUR, Duality – An exceedingly rare, important, and early platinum wristwatch with double regulator, certificate and fitted presentation box.
Sold for $915,000/ CHF 912,804/ €784,887.

Lot 18: AUDEMARS PIGUET, Ref. 5516 Perpetual Calendar – An important and extremely rare yellow gold perpetual calendar wristwatch with leap year indication, moon phase aperture, and additional dial. Sold for $675,000/ CHF 673,380/ €579,015
(A World Record for This Reference)

Lot 12: ROLEX, Ref. 8171 ‘Padellone’ – An extremely rare, highly attractive and well-preserved triple calendar wristwatch with grainé dial featuring luminous hour markers and hands. Sold for $603,000/ CHF 601,553/ €517,253

Lot 19: PATEK PHILIPPE, Ref. 1463 ‘Tasti Tondi’ – An extremely rare, well-preserved and highly attractive stainless steel chronograph wristwatch with two-tone silvered dial with outer tachymeter scale. Sold for $591,000/ CHF 589,582/ €506,960

Lot 33: ROLEX, Ref. 6200 Submariner – An extremely rare, important, and early stainless steel wristwatch with black glossy Explorer dial, gilt hands, presentation box, and hangtags. Sold for $579,000/ CHF 577,610/ €496,666 (A World Record for This Reference)

Lot 34: ROLEX, Ref. 6284 – An exquisite, incredibly fine and highly attractive 14K yellow gold wristwatch with cloisonné enamel dial depicting North and South America. Sold for $567,000/CHF 565,639/ €486,373.

Lot 43: ROLEX, Ref. 6062 ‘Stelline’ – An extremely fine, rare, and important yellow gold triple calendar wristwatch with star dial, moon phase indication and bracelet. Sold for $495,000/ CHF 493,812/ € 424,611.

Lot 45: PATEK PHILIPPE, Ref. 3448 ‘Padellone’ – An exceptional, rare, and well‐preserved white gold perpetual calendar wristwatch with moon phase indication, and rare reversed date dial, original literature, and presentation box. Sold for $471,000/CHF469,870/ €404,024

Courtesy: Phillips