See the Top Lots in Christie’s Upcoming Rare Watch Sale
According to Christie’s, the auction is its most important single-owner watch collection ever.
Later this fall, Christie’s Geneva will offer more than 100 watches it says have never appeared at auction.
“Legendary and Unique Watches: The Collection of a Lifetime,” is Christie’s most important single-owner watch collection ever presented, the auction house said.
Comprising 112 watches, the collection features one-off timepieces, watches with personalized dials, prototypes, and some timepieces that are No. 1 in a series of limited editions.
The collection’s private owner amassed the timepieces over four decades, gathering rare references from sought-after brands like Patek Philippe and Rolex.
Highlights are the limited-edition Richard Mille Ref. RM56-01; the Rolex Ref. 6421 Daytona; and the Vacheron Constantin Ref. 43050 Mercator.
According to Christie’s, the limited-edition Richard Mille Ref. RM56-01 AN SAPHIR/PR00, No. 011, (pictured at top of article), is the first of its kind to appear at international auction.
Released in 2013, the case is crafted from single blocks of sapphire crystal. Calculating the total hours to manufacture, it took approximately 40 days, or 960 hours, plus an additional 350 hours (more than 14 days) to polish.
The transparent dial reveals the tourbillion, titanium minute ring and hour indexes.
The timepiece is expected to sell for between approximately $2.6 million and $4.6 million.
The Rolex Ref. 6241 Daytona is crafted in 18-karat gold. Circa 1968, it features a champagne-colored “Paul Newman” dial.
The reference was produced between 1966 and 1969. A total of 2,250 pieces were produced in stainless steel, 300 in 18-karat gold and 450 in 14-karat gold.
These watches featured “non-Oyster,” or “non-screw-down,” chronograph buttons and bezel with black plastic insert.
This timepiece is estimated to sell for between $613,000 and $1 million.
Another watch in the sale, the Vacheron Constantin Ref. 43050 Mercator, is crafted in platinum and features a Metiers d’Art “Ferrari Enzo” cloisonne enamel dial.
The watch debuted in 1994 as a tribute to 16th-century cartographer Gerardus Mercator.
It displays time with a double retrograde mechanism with hands that mimic the shape of a cartographer’s tool.
When the hour hands hits 12 o’clock, it releases back to the starting position. The same happens for the second hand when it reaches 60.
The watch is expected to garner between approximately $100,000 and $200,000.
“Legendary and Unique Watches: The Collection of a Lifetime” is in New York City from Oct. 1 to 5.
It will stop in several cities before hitting the auction block in Geneva at the Four Seasons Hotel des Bergues on Nov. 22.
Christie’s expects the sale to earn around $20.5 million total.
An undisclosed portion of sale proceeds will benefit charity.
Massimo Basei is moving up, while Chief Commercial Officer Martino Pessina is stepping down.
AGTA GemFair and the Denver Gem & Mineral Show also will have a presence on the show floor.
The watch company expects first-quarter sales to fall as much as 15 percent due to inflation and tough comps.
Distinguishing natural diamonds from laboratory-grown stones – now more available than ever – has been difficult for jewelers. Until now.
Adam O’Grady, general manager of the Lightbox Lab, has taken on the new role and will report directly to Lightbox CEO Antoine Borde.
The watch marketplace gathered data from 1.3 million collectors, highlighting the most popular timepieces and exploring value appreciation.
Burgundy has opted not to exercise its option to buy the mining claims Gibb River Diamonds currently owns.
De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.
Patented and specialty cuts now can receive an 8X Proprietary Certificate, which can be customized to include a company’s brand and logo.
The organization said it will recognize those who exemplify the idea that doing good is good business.
Kendall Jenner once again is fronting the French brand’s campaign, joined by model and dancer Alton Mason.
The CEOs of Signet, Helzberg, and GIA spoke on a water conservation panel, and had lakes named in their companies’ honor.
Sales of the sleek sterling silver and diamond design will go to nonprofit organization charity: water.
Expected to earn up to $4.5 million, the “Jarretière” bracelet is the star of Christie’s “The Magnificent Jewels of Anne Eisenhower” sale.
With jewelry sales coming down from their pandemic highs, retailers need to do all they can to retain existing customers, Peter Smith says.
Jewelry historians, authors, and experts will explore the works of Tiffany & Co., Oscar Heyman, Verdura, and more.
Johnson joined the retailer in 1987, establishing its first human resources department.
Supplier Spotlight Presented by IGI
The industry gathered to celebrate those who elevate the jewelry and watch industries.
At JSA’s annual luncheon, President John J. Kennedy said the organization recorded more than 2,000 cases last year.
It highlights Gabrielle “Coco” Chanel’s lasting influence on modern design.
Jewelers of America’s Amanda Gizzi explores the qualities and accomplishments that make this year’s Gem Award nominees shine.
Here’s what the nine chosen organizations plan to do with the funds.
The designer is nominated for a Gem Award for Jewelry Design.
The jewelry giant’s full-year sales were essentially flat, brought down by fourth-quarter declines.
In its recent results, the company highlighted non-bridal jewelry sales and said its “inventory-light” showroom model may change.
See 15 fabulous pieces from the 2023 Gem Award for Jewelry Design nominees: Anita Ko, Kirsty Stone, and Ron Anderson and David Rees.