Christie’s grandly announces that it will hold a grand auction in Geneva on May 11. As many as 314 lots will be on display at this auction from the 16th century to the present day. It will be played by Patek Philippe and Rolex, with key lots valued at more than several hundred thousand Swiss francs.
Among them is a Rolex GMT Ref.6542 watch produced in 1958, estimated at 70,000 to 140,000 Swiss francs, decorated with a ‘tropical’ dial. The original shiny black has faded to chocolate brown after years of erosion, and it is still sought after by collectors. Of course, history and rarity are also very attractive, such as Patek Philippe, Breguet and Rolex watches.
1958 Rolex GMT Ref.6542
Breguet NO.2539 18K gold half-engraved watch, sold to Pauline Bonaparte in 1813
One of the highlights of this auction is Breguet NO. 2539 18K yellow gold half-engaged watch. According to the brand archive, this pocket watch was sold to Pauline Bonaparte on October 25, 1813 for 2,400 enamels. The pocket watch has a diameter of 58 mm, which seems to make some sense to a woman. But it is said that this pocket watch has a hidden portrait (unfortunately it has long disappeared), and it seems that it may be a gift for Pauline Bonaparte to give his lover. Today, this pocket watch has been passed down for four generations in the same family, with a guide value of 90,000 to 180,000 Swiss francs.
Rolex Ref. 6538, one of the brand’s earliest submersible models
Rolex did not hesitate to let go. The ‘Double Red’ and ‘COMEX’ in the lot list are enough to excite Rolex collectors. However, at this auction Rolex mainly promoted a rare watch without a nickname-Ref. 6538 (No. 282). Produced in 1956, this watch is also one of the brand’s earliest submersible models. Also striking is a “big crown” watch with extremely rare red depth indication (no foot or meter indication) and a letter indicating that this is a gift from the Sultan of Johor The maintenance effect is excellent, estimated at up to 60,000 to 100,000 Swiss francs. Patek Philippe’s star watches are not among the most gorgeous. Despite the Ref. 5002 with moon phases (estimated at 650,000 to 1,300,000 Swiss francs) and the inferior Ref. 5016 (estimated at 450,000 to 1,000,000 Swiss francs), true collectors instead set Ref. 3700/031 Nautilus diamond-studded platinum wrists Show more intense interest.
Patek Philippe Ref. 3700/031 watch, produced in 1982, equipped with a cal. 28.255 self-winding movement, bezel set with 128 top Wesselton diamonds
This watch has never appeared in the antique watch auction market before, it is likely to be an orphan. What’s more, the watch is in excellent condition with almost no signs of wear. Thomas Perazz, head of Christie’s watch auction in Geneva, admits that prior estimates (200,000 to 400,000 Swiss francs) were deliberately lowered to arouse collectors’ interest in auctions. Just two years ago, Christie’s sold a similar watch for 700,000 Swiss francs. You know that diamond inlaid on that model is not as many as it is today.
Lot 68 Blancpain Minute Repeater
Although the prices of the watches listed above are amazing, they should not be discouraged and lose interest in the entire auction. A Blancpain Minute Repeater (No. 68) has an estimated value of just 15,000 to 25,000 Swiss francs, which is a bargain!
Panerai Ref.PAM00372 limited watch, number N1202 / 2000. Produced around 2012, equipped with Cal. 6497-2 automatic movement, brown dial, luminous hands, hour markers and Arabic numerals
Thomas Perazz revealed that there are also lots of lots below 10,000 Swiss francs in this auction. Like the PAM 372 (230), which was produced in 2012, it is estimated to be less than 4,000 to 6,000 Swiss francs, which can be described as a gospel.
The Cosmic Watch is a World War II Bombardier Time-recorder / Count-down watch created by the Italian Air Force, circa 1939.
Of course, I have to mention the Universal Genève bomb chronograph watch specially created for the Italian Air Force in 1939. This is a pure tool watch with a diameter of 52 mm! The huge onion-shaped crown, convenient start and reset buttons, all have a distinctive military style. We are often told that it is no longer necessary to buy a wristwatch to obtain time information, so why not simply buy an antique watch that does not have the time function?
Future development trends
As long as the major auction houses in the world continue to discover rare models, as will be held at the Christie’s auction in Geneva in May, the passion for Patek Philippe and Rolex antique watches will not fade. But Thomas Perazzi still found two interesting emerging trends, ‘I often swing the hammer at auction sites, and it is easier to see trends. I find that more and more women are participating in auctions. Bracelet watch collection is on the rise. At last year’s Christie’s auction in Geneva, collectors showed a strong interest in Piaget antique watches from the 1950s to the 1960s. So this year’s auction we have prepared many such watches. . ‘