The First Art Newspaper on the Net   Established in 1996 United States Saturday, August 17, 2019


An extremely rare pocket watch by Patek Philippe Reference 844 in white gold sells for $475,488
Patek Philippe: A rare white gold open-faced minute repeating perpetual calendar watch with moon-phases, ref. 844, made in 1973. Estimate CHF: 280,000 - 380,000. SOld for CHF: 472,000 (475,488 USD). Photo: Sotheby's.


GENEVA.- Yesterday’s sale of Important Watches at Sotheby’s in Geneva was led by an extremely rare pocket watch by Patek Philippe, which surpassed its estimate to reach CHF 472,000 / $475,488 (est. CHF 280,000 – 380,000). Thought to be one of only two models of reference 844 in white gold, this minute repeating perpetual calendar watch with moon-phases from 1973 bears a full digital display of day, month and date held within a single aperture.

Offered for the first time at auction, a very rare stainless steel Patek Philippe wristwatch with black dial and Breguet numerals, reference 1504, soared to more than ten times its pre-sale estimate, reaching CHF 328,000 / $330,424 (est. CHF 20,000 - 40,000). This is the only known example of this reference which combines a stainless steel case, black dial and pink gold Breguet numerals.

A stunning example of Swiss Art Deco design, a superb desk timepiece made by Vacheron Constantin, in collaboration with Verger Frères, sold for CHF 430,000 / $433,178 (est. CHF 80,000 - 120,000). Eight avid collectors vied for this exquisite piece, created in 1926, which features a mother-of-pearl dial by Vladimir Makovsky.

A world auction record for a Heuer watch was set today when Formula One driver Ronnie Peterson’s Heuer Carerra watch sold in the room for CHF 225,000 / $226,663, over 20 times the pre-sale estimate of CHF 10,000 – 20,000. No fewer than six passionate collectors vied for the watch during a ten-minute bidding battle. This reference 1158 was presented to Ronnie Peterson by Jack W. Heuer in 1972 on the occasion of the signing of a sponsorship deal.

These highlights, together with a rich selection of vintage and modern wristwatches, drove the total of today’s sale to CHF 4,051,813 ($4,081,756).





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