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30 May 2016

RESULTS | Christie’s Hong Kong auction of Important Watches totals

Hong Kong APAC 30 May 2016

RESULTS | Christie’s Hong Kong auction of Important Watches totals

HK$99,258,125 / US$12,842,282

 

Please click HERE for the results of Christie’s Hong Kong sale of Important Watches, which was held on 30 May 2016 and realised HK$99,258,125 / US$12,842,282.

 

A standout result of the sale was a Richard Mille 18K White Gold Tonneau-Shaped Skeletonised Tourbillon Wristwatch, made to Commemorate the 150th Anniversary of Boucheron, which realised HK$3,640,000 / US$$470,953 (illustrated left).

 

The sale attracted international interest with buyers from 26 countries across 5 continents, all bidding on blue chip brands, as well as offerings from independent watchmakers, demonstrating an international demand for high quality and unique timepieces.

 

The top lot of the season was an 18K White Gold Semi-Skeletonised Tourbillon Prototype Wristwatch by Greubel Forsey, Philippe Dufour and Michel Boulanger, which realised HK$11,296,000 / US$1,461,507 (illustrated left).

 

A proportion of the sale proceeds and the entire Christie's buyer's premium will be donated to the Time Aeon Foundation by the seller. The foundation aspires to perpetuate the expertise of manual watchmaking and to train future generations in the revival of this art.

 

For further press information or to speak to a specialist please contact:

Lee Bingle | +852 2978 9966 | lbingle@christies.com

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.


* 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.