RM 2.75 MILLION FOR JEWELLED COMPLICATION PATEK PHILIPPE WATCH AND RM 1.3 MILLION FOR A PATEK PHILIPPE CLOCK TO CELEBRATE SOTHEBY'S 40TH ANNIVERSARY IN ASIA

SOTHEBY’S HONG KONG IMPORTANT WATCHES

AUTUMN SALE 2013 TO TAKE PLACE ON 8 OCTOBER

Highlighting Patek Philippe Bejewelled Grand Complications

Offered For The First Time At Auction

 

PATEK PHILIPPE, Ref. 5073P  RM 2.75 MILLION 

PATEK PHILIPPE "Magnificent Fancy Carp And Rock Crystal Fountain Clock", Made In 1991  RM 1.3 MILLION 

Hong Kong Public Exhibition: 3 – 7 October

 Sotheby's Hong Kong Important Watches Autumn Sale 2013 will take place on 8 October at the Hong Kong Convention and Exhibition Centre.  In celebration of Sotheby’s 40^th anniversary in Asia, the sale will bring together the finest and rarest of modern timepieces from established manufacturers such as Patek Philippe, as well as creations of independent watchmakers including Richard Mille’s “Rafael Nadal” tourbillon made for the tennis player, many of them never seen before at auction.  The sale will also highlight Magnificent Clocks From An Important Private Collection – Part II, highly anticipated following the huge success in April 2013 that saw 22 clocks achieve HK$124 million / US$15.9 million.  Offering approximately 500 lots, the sale is estimated to achieve in excess of HK$112 million / US$14 million* –  the highest pre-sale estimate of the category at Sotheby’s Hong Kong.

Charles Tearle, Head of Watches, Sotheby’s Asia, says, “Following the overwhelming success in April 2013, Sotheby’s Watches department continues to see growth within Asia as is evident in the upcoming October auction offering approximately 500 watches and clocks.  It is always a pleasure for us to bring fresh-to-the-market watches to the auction scene and within this sale we have numerous such examples including, from Patek Philippe, two bejewelled grand complication wristwatches, a unique and very fine enamel pocket watch, as well as a 10-day tourbillon wristwatch with custom-ordered dial.  Independent watchmaking is represented in this sale by very important tourbillon watches from renowned designer Richard Mille, arguably the most significant models he has created.  We are particularly delighted to offer the second part of Magnificent Clocks From An Important Private Collection, which took the market by storm last season.  We believe this diverse array of fresh and important timepieces will offer an excellent buying opportunity for collectors worldwide.”