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A. Lange & Shöne Platinum Tourbillon wristwatch brings $245,000
A. Lange & Söhne, Glashütte, Extremely Fine & Rare Ref. 701.005 Platinum Tourbillon "Pour le Mérite" No. 42 of a limited edition of 50 examples made in 1996.

NEW YORK, NY.- A rare A. Lange & Söhne Glashütte Ref. 701.005 Platinum Tourbillon "Pour le Mérite" wristwatch sold for $245,000 in Heritage Auctions' Nov. 20 Watches & Fine Timepieces Signature® Auction at the Waldorf Astoria in New York. The $1.6 million auction marked the first time the extremely fine wristwatch, No. 42 of a limited edition of 50 examples, was offered at auction by its original owner.

"The market for fine and rare timepieces is always eager to see rare and extraordinary pieces like this Tourbillon," said Jim Wolf, Director of Watches & Fine Timepieces at Heritage. "I was extremely pleased to see the high sell-through rate, particularly among Rolexes and other fine chronographs."

A Rolex Extremely Rare Ref. 6062 Gold "Star" Dial Automatic Triple Calendar Wristwatch sold for $93,750 to a collector in Belgium. A Patek Philippe Ref. 5140G-001 Very Fine Single Sealed White Gold Perpetual Calendar With Moon Phases Wristwatch closed at $59,375 and a standout Franck Muller Very Rare & Superlative Prototype Gold Minute Repeating Wristwatch With Perpetual Calendar & Moon Phases, circa 1986, sold for $50,000 to a collector in Dubai.

A Patek Philippe Ref. 5135J Yellow Gold Gondolo Calendario Wristwatch in as new condition saw interest from five bidders, who pushed the hammer price to $43,750. A Jaeger LeCoultre Ref. 146.2.34.S Very Fine & Rare Rose Gold One Minute Tourbillon Regulator Wristwatch, featuring 18 karat rose gold also closed at $43,750, and an Extremely Fine & Rare "Tradition" Large Rectangular Diamond & Gold Piaget Wristwatch, circa 1972, accented by four pairs of sapphire markers, sold for $37,500.

Among contemporary designer pieces, a Patek Philippe Ref. 5090J "Sculpture" 18 karat Gold Automatic, crafted for the Russian market circa 2000, saw interest from seven bidders who quickly surpassed its $10,000 estimate to a $27,500 hammer price. A striking Roger Dubuis Very Fine Rose Gold Sympathie Bi-Retrograde Perpetual Calendar Wristwatch closed at $23,750.

Additional highlights include, but are not limited to:

• Chopard Haute Joaillerie Classic Diamond & Sapphire Lady's Gold Wristwatch, circa 2014: Realized: $23,750.

• Patek Philippe Very Fine Ref. 5296G-001 White Gold Center Seconds Automatic Wristwatch: Realized: $18,750.

• Patek Philippe Ref. 5134G White Gold Calatrava Travel Time Wristwatch: Realized: $16,250.

• A. Lange & Söhne Ref. 206.025 Very Fine Platinum "1815" Gent's Wristwatch: Realized: $15,000.

Today's News

November 24, 2014

Old works and new creations by Giuseppe Penone on view at Musée de Grenoble

Albania opens dictator Enver Hoxha's top secret Cold War nuclear bunker to public

'The Traveler's Eye' at Smithsonian's Sackler Gallery envisions journeys through Asia

Exhibition presents the most important paintings of the British painter Peter Doig

19 photographers come to Puerto Rico in an exhibition that will travel the Ibero-American cultural space

10th Shanghai Biennale: China's longest running contemporary art biennial opens

New-York Historical Society announces plans to establish Center for Women's History

New world record for Corto Maltese comic book art at French auction house Artcurial

View culturally important Canadian artwork at Heffel Fine Art Auction House's Toronto preview

Christie's announces the inaugural New York Exceptional Sale to take place on December 11

Solo exhibition by Shea Hembrey on view at Bryce Wolkowitz Gallery in New York

Ever dreamed of seeing your face on a coin? Local Bruce Museum scientist gets pretty close

'Confessions of the Imperfect, 1848-1989 to Today' opens at the Van Abbemuseum

Exhibition including a body of new works by Anri Sala opens at Hauser & Wirth Zurich

Exhibition chronicles the culture as well as the procedures of the country's oldest law enforcement agency

A series of new works by the London-based artist duo Kai & Sunny opens at Jonathan LeVine Gallery

Discover innovative and diverse artworks by artists from different generations and regions across Canada

Rä di Martino's first UK solo exhibition opens at Copperfield Gallery

Bonhams announces inaugural auction at the 2015 Goodwood Members' Meeting

Thomas Wachholz's first solo exhibition in Switzerland on view at RaebervonStenglin

Recent photography acquisitions go on display in new Art Gallery of Western Australia exhibition

First comprehensive overview of Thomas Müllenbach’s paintings and drawings opens in Zurich

Moving sculptures by Sigalit Landau on view at the Capella MACBA

A. Lange & Shöne Platinum Tourbillon wristwatch brings $245,000

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2.- To be unveiled at Sotheby's: One of the greatest collections of Orientalist paintings ever assembled

3.- Bender Gallery features paintings by up and coming Chicago artist Michael Hedges

4.- Lévy Gorvy exhibits new and historic works by French master in his centenary year

5.- Artificial Intelligence as good as Mahler? Austrian orchestra performs symphony with twist

6.- Fascinating new exhibition explores enduring artistic bond between Scotland and Italy

7.- Exhibition explores the process of Japanese-style woodblock production

8.- Robert Frank, photographer of America's underbelly, dead at 94

9.- The truth behind the legend of patriot Paul Revere revealed in a new exhibition at New-York Historical Society

10.- Hitler bust found in cellar of French Senate

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