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Jennifer Cuminale

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Christie's December Watches sales total $7.7 million, American Icons 100% sold

Jewellery, Watches & Handbags
New York Americas 12 December 2019

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.

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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.

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