Precious Pocket Watches at Sotheby’s, Including a US$7.7 Million APWatches
The recent auction at Sotheby’s New York showcased an impressive collection of pocket watches, with the most valuable lots including three pocket watches and one clock, collectively fetching over US$16 million. The highlight was the "Grosse Pièce," Audemars Piguet's most complicated watch, which sold for just over US$7.7 million, setting a record for the brand. The auction featured other notable sales, including a Patek Philippe desk clock that sold for US$2.73 million and a pair of dual movement watches by Patek Philippe, which were highly sought after, ultimately selling for US$3.7 million and just under US$2.5 million. The auction highlighted the significance of the late Robert M. Olmsted’s collection, which contributed to over US$20 million in sales. The Grosse Pièce, described as a pinnacle of complexity, was fiercely contested among bidders, showcasing the intense interest in vintage timepieces. The competitive bidding for these exceptional watches underscores the growing appreciation for intricate craftsmanship and the historical value they represent, elevating their status in the world of horology.
