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RESULTS | Christie’s Important Watches Autumn Auction Sale Total: HK$102,396,250/ US$13,143,186

84% by lot│83% by valueLED BY PATEK PHILIPPE, A. LANGE & SÖHNE & GREUBEL FORSEY

Jewellery, Watches & Handbags

Hong Kong APAC 26 November 2018

Hong Kong – On 26 November Christie’s Important Watches auction totalled HK$102,396,250/ US$13,143,186 with strong sell-through rate of 84% by lot and 83% by value. The saleroom was fueled by deep bidding from 27 countries across 5 continents via all sale channels.

Top lots of the sale realizing the same price of HK$2,980,000/ US$382,501 were A. LANGE & SÖHNE, A PLATINUM LIMITED EDITION, SPLIT SECONDS CHRONOGRAPH TOURBILLON WRISTWATCH WITH, POWER RESERVE INDICATION AND CHAIN FUSÉE, TOURBOGRAPH POUR LE MÉRITE MODEL, NO. 19/51, CIRCA 2008 (shown top left), PATEK PHILIPPE, A PLATINUM MINUTE REPEATING AUTOMATIC WRISTWATCH WITH ENAMEL DIAL, MADE TO CELEBRATE THE 150TH ANNIVERSARY OF PATEK PHILIPPE, REF. 3979, CIRCA 1994 (shown top middle), as well as GREUBEL FORSEY, AN 18K PINK GOLD LIMITED EDITION ASYMMETRICAL WRISTWATCH WITH QUADRUPLE TOURBILLON AND POWER RESERVE, INVENTION PIECE 2 MODEL, NO. 02/11, CIRCA 2011 (shown top right).

Seven RM011 Felipe Massa wristwatches, each numbered 00, attracted strong global bidding and were sold exceeding their low estimates.

John Reardon, International Head of Watches, Christie’s, commented “The robust results of the sale reflected the thriving global market’s enthusiasm for the most coveted and exceptional timepieces by both iconic and emerging brands. We look forward to continuing this strong momentum in our Winter Holiday online sale and live auction in New York next month.”

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* Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue. *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium.