Patek Philippe tops $10 million Christie's watch sale
- June 17, 2010 23:28
An Asian private buyer won an extremely rare platinum Patek Philippe perpetual calendar minute-repeating tourbillon wristwatch with a black dial, for $602,500 (including buyer's premium), at Christie's sale of Important Watches Featuring the Leo Collection, on June 16.
The auction realized $10,050,363, a record total for a watch sale at Christie's New York, with sell-through rates of 88% by lot and 90% by value.
"All season long, we have watched prices and sales totals reach ever-higher levels in Geneva, Hong Kong, Dubai, and now in New York,' stated Sam Hines, Head of Watches at Christie’s New York, in regards to the watch auction market. "Our spring sales season closes at $46.1 million in sales worldwide – our highest first-half global sales total to date."
_-Closing-the-Distance_100x100_c.jpg "Lot 204: Bob Kuhn (1920–2007),Closing the Distance, 1977, acrylic on masonite, 24 x 48 in, Sold: $409,500")
![A 19th century Seven Piece "Chrysanthemum" Pattern Sterling Silver Coffee & Tea Service, which was exhibited in the Tiffany & Co. booth at the 1893 World’s Columbian Exhibition in Chicago](/images/c/78/96/Tiffany___Co__Makers_Seven_Piece_"Chrysanthem100x100_c.jpg "A 19th century Seven Piece \"Chrysanthemum\" Pattern Sterling Silver Coffee & Tea Service, which was exhibited in the Tiffany & Co. booth at the 1893 World’s Columbian Exhibition in Chicago")
