Sotheby’s Hong Kong fine timepieces mid-season sale concluded on 28 November 2016, totaling HK$11 million (US$1.41 million). Of all 151 lots offered, a total of 111 lots were sold, achieving 74 percent sold by lot and nearly 80 percent sold by value.
Jessie Kang, head of watches, Sotheby’s Asia, commented on the auction: “We were delighted to see enthusiastic participation from 31 different countries and regions, with bidders active in the room, on the phones and online responding to the broad range of fine timepieces on offer. We now look forward to our forthcoming New York Important Watches sale on 7 December.”
Top three lots of the sale:
Panerai, a rare special edition titanium cushion-form skeletonised tourbillon dual time zone wristwatch PAM00578 (Lot 2046)
Sold for HK$850,000/US$109,000
Est HK$700,000-900,000/US$90,500-116,000
Patek Philippe, a platinum automatic wristwatch with enamel dial, in original seal, Ref 5077P-056 (Lot 2149)
Sold for HK$725,000/US$92,900
Est HK$700,000-900,000/US$90,500-116,000
Patek Philippe, a fine yellow gold automatic skeletonised wristwatch Ref 3878J (Lot 2141)
Sold for HK$725,000/US$92,900
Est HK$160,000-250,000/US$20,700-32,300
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