Sotheby's HK Holding Important Watches Sale


By William Stolerman

Sotheby's Hong Kong is holding an Important Watches Sale this autumn which is expected to realise over HK$43 million (US$5.5 million).

Spanning 300 lots, perhaps the pick of the bunch is a Greubel Forsey platinum double tourbillon wristwatch circa 2004 (above) which boasts a 72-hour power reserve and a mother-of-pearl dial. The Double Tourbillon 30º Vision No. 2 features a patented double tourbillon system which was a decisive technical advance in watchmaking history.

It incorporates two cages separated by a 30-degree angle which optimises performance and oscillation of the balance wheel. A mark of its sophistication is that the two cages (comprising 128 elements) weigh a mere 1.17 grams. It is valued at HK$1.6 - 2.4 million (US$200,000- $300,000).

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Also up for grabs is a Richard Mille RM 008 platinum split seconds chronograph tourbillon wristwatch (above) circa 2006 with power reserve and torque indication. Comprising 500 parts, it is Richard Mille's most complex creation, is produced in a limited quantity of 10 pieces per year, and is valued at HK$1.6 – 2.4 million (US$200,000 - 300,000).

Elsewhere you'll find a Patek Philippe platinum rectangular tourbillon wristwatch circa 2006 with a 10-day power reserve. The REF 5101P is worth HK$1.3 – 1.8 million (US$170,000 – 230,000) and was launched in 2003 in a limited quantity of 10 to 15 pieces per year.

Apart from important watches, Sotheby’s is also offering a Cartier diamond-set jadeite, coral, onyx, mother-of-pearl and rock crystal mystery clock, circa 1980 (below). Estimated to be worth HK$1.4- 1.8 million (US$180,000 – 230,000), the time is indicated by two rotating crystal disks on which the hands are located. The overall effect is that the clock appears to operate without mechanical means, hence its description as a Mystery clock. 

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Vanessa Herrera, Head of Sotheby’s China and Southeast Asia, said the following about the auction: “Following the success of last season’s sale, which achieved the highest total of its kind at Sotheby’s Hong Kong, our Autumn 2010 sale will offer a wider selection of high-end timepieces, enhancing the value and quality of the sale."

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