Bonhams, the esteemed London-based auction house, hosted its Fine Watch sale from its New Bond Street headquarters on 22 June 2016.
As you would expect from an auction with that name, some of the most recognisable watch brands in the world were represented by some seriously impressive timepieces.
Swiss brands such as Rolex, Breitling, and Omega all had watches that caught the attention of the present prospective buyers, but it was, in fact, Patek Philippe, another Swiss watchmaker, who truly stole the show.
In fact, the top five lots in terms of value all featured watches from Patek Philippe replica watch, and the auctioneer’s Head of Watches, Jonathan Darracott, had this to say:
“The sale saw strong interest across the board. Some exceptional prices were achieved, with 50 percent of the top ten lots from Swiss Patek Philippe copy watch, and world record prices from other brands. Well priced, the auction attracted competitive bidding, to achieve an excellent sale total of £2.2million.”
Darracott was clearly pleased with the results of the auction, and the top lot was a best Fake Patek Philippe Grand complication masterpiece that was purchased by a telephone bidder. The platinum manual wind perpetual calendar chronograph wristwatch ref. 5971P complete with moonphase (pictured) was purchased for an impressive £134,500.
The other Patek Phillipe highlights from the Bonhams Fine Watch sale were as follows:
- Patek Philippe 18k rose gold cushion for manual wind perpetual calendar chronograph, ref. 502R. It was estimated to sell for between £20,000 and £30,000 and was eventually sold for £84,100 to a German bidder.
- Patek Philippe fine platinum manual wind chronograph, ref. 5070-001, which was also sold for £84,100 for more than double its initial estimate
- Patek Philippe platinum rectangular manual wind 10-day tourbillon, which was sold for a substantial £91,300.
Another highlight of the auction was the sale of the military issue Omega Seamaster 300, which was first launched in 1948 to celebrate the Swiss brand’s 100th anniversary and is now considered to the oldest line in the Seamaster collection.
The Seamaster 300 was given a pre-auction estimate of between £10,000 and £15,000, however, it was finally sold for record-breaking £69,700 after generating a huge buzz amongst the prospective buyers in the room.