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Saturday, December 16, 2017

Sotheby’s Watch Sale Nets $11.7 Million

A tourbillon wristwatch by Patek Philippe. A tourbillon wristwatch by Patek Philippe. Wikipedia

Sotheby’s Important Watch Sale, held Wednesday, June 8, in New York, realized $11.7 million. The top lot was the King Farouk Magician Box—a musical automaton from the early-nineteenth century. The piece, which is attributed to Piguet & Meylan, garnered $1.2 million. Other noteworthy sales included a rare Patek Philippe “Eurasia” wristwatch, which fetched $730,000, and a Patek Philippe pink gold tourbillon wristwatch, which sold for $490,000.

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