Christie's December Watches sales total $7.7 million, American Icons 100% sold
New York – Christie’s Important Watches and American Icons live auction totaled $6,206,750. Combined, both live and online sales achieved a total of $7,726,875.
The top lot of the live sale was the highly-complicated and exceptional Patek Philippe reference 5016P, that sold for $471,000. Other notable results included an exceptionally rare Patek Philippe reference 3450, retailed by Tiffany & Co., which sold for $350,000, as well as an extremely fine and very rare stainless Rolex reference 6264, ''Musketeer Paul Newman'', that realized $200,000.
The dedicated section of American Icons was 100% sold, which featured the paired lot of two pocket watches belonging to Ernest Hemingway and Charles C. Ritz, that sold for more than double the estimate achieving $43,750; the two Patek Philippe timepieces formerly belonging to the 41st President of the United States, George H. W. Bush, with the Ref. 3940 selling for $81,250 and the Ref. 3445 realizing $62,500; and a one-of-a-kind Patek Philippe gold, enamel, and platinum watch in the form of a backpack, dated 1876, created for Elbert E. Farman, that sold for $62,500.
The concurrent sale of Christie’s Watches Online: A Horological Holiday closed on December 10 and totaled $1,50,1250. The top lot of the online sale was a Patek Philippe, 18K World Time Enamel Dial, ref. 5131G, which sold for $100,000.