BONHAMS RETURN TO WATCH AUCTIONS IN HONG KONG
Sees Its Largest Category Sale To Date Globally


Hong Kong Watches 1.0
24 Nov 2018
Hong Kong, Admiralty

Hong Kong – Global collectors from more than 30 countries were drawn to Hong Kong Watches 1.0, which marked the auction house's official return to the watch market in Asia. Taking place on 24 November, the sale also realised the highest total in the category globally at Bonhams to date achieving over US$4,800,000 (HK$37,570,625) with the top 12 lots each fetching over US$100,000 (HK$780,000).

Tim Bourne, International Director of Watches, Asia, commented: "The sale saw strength across the board and high interest in both leading traditional and independent brands. New collectors flocked to the sale, with more than 30% of bidders registering with Bonhams for the first time. We are delighted with the overall results of this sale, which has put us in a strong position to capture further the attention of the growing watch market in Asia and continue to offer a variety of high quality timepieces to collectors."

Among the 180-lot collection, sale highlights include:

Rare Platinum Automatic Minute Repeating Patek Philippe Wristwatch with Enamel Dial, Ref. 5078P, Circa 2015, which sold for US$319,500 (HK$2,500,000); alongside this piece, other models of Patek Philippe caught the attention of collectors including a Very Rare Platinum and Diamond-Set Perpetual Calendar Chronograph Wristwatch with Phases of the Moon, Ref. 3990P, which sold for US$146,970 (HK$1,150,000); and, a Fine and Rare "Jumbo" Yellow Gold and Diamond-Set Automatic Bracelet Watch with Date, selling for US$111,825 (HK$875,000)
"The Magnificent Ice Cube", Case and Movement by Chopard, Bracelet by Moussaieff – a Superb, Unique and Extraordinary White and Pink Gold, Diamond and Pink Diamond-Set Lady's Bracelet Watch, "Ice Cube", Circa 2000, which sold for US$303,525 (HK$2,375,000)

Richard Mille was highly sought-after with the sale of "The Richard Mille RM003" – a Rare Pink Gold Semi-Skeletonised Dual Time Zone Tourbillon Wristwatch with power Reserve and Torque Indicators, for US$239,625 (HK$1,875,000); and, a RM035 CA with box and certificate for US$151,762 (HK$1,187,500)

Sparking high interest amongst the Rolex pieces was "The Jean-Claude Killy Ref: 5036" – a Very Rare Yellow Gold Triple Calendar Chronograph Anti-magnetique Wristwatch with Original Owners Historical Documentation, Circa 1949, which sold for US$175,725 (HK$1,375,000)

Making its worldwide debut, Breguet "Equation Marchante - Horloger De La Marine" – a Very Rare and Fine Platinum Automatic Tourbillon, Perpetual Calendar Wristwatch with Retrograde Date, Equation of Time and Leap Year Indication, Ref. 5887, Circa 2017, sold for US$143,775 (HK$1,125,000); and an Exceptionally Rare Lady's White Gold, Diamond and Sapphire-Set Automatic Bracelet Watch by Breguet with Phases of the Moon and Power Reserve, sold for US$119,812 (HK$937,500)

Bonhams next Fine Watches sale are set to take place on 6 December in New York (The Art of Time) and on 12 December in London (Fine Watches and Wristwatches).


NOTES FOR EDITORS

Bonhams, founded in 1793, is one of the world's largest and most renowned auctioneers, offering fine art and antiques, motor cars and jewellery. The main salerooms are in London, New York, Los Angeles and Hong Kong, with auctions also held in Knightsbridge, Edinburgh, Paris, San Francisco and Sydney. With a worldwide network of offices and regional representatives in 22 countries, Bonhams offers advice and valuation services in 60 specialist areas. For a full list of forthcoming auctions, plus details of Bonhams specialist departments, please visit bonhams.com.

Contacts
  1. Tim Bourne
    Specialist
    Bonhams
    Work
    Hong Kong
    Hong Kong
    Work +852 3607 0021

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