Al Capone’s Patek Philippe Pocket Watch Back Up for Auction
The platinum and diamond watch is part of Sotheby’s upcoming Important Watches sale.

New York—A pocket watch formerly owned by Al Capone is a highlight of Sotheby’s upcoming Important Watches auction.
The custom watch, circa 1919, features his initials, “AC,” on the reverse side of the case, spelled out in an Art Deco style with 90 single-cut diamonds.
The dial side features an “open face” design with Breguet numerals and a period-correct “long signature,” said the auction house.
“The dial has dramatically aged over the years, and the minute hand is no longer with the watch—we can only speculate as to how or why this happened, but suffice it to say, this watch has more than a few stories it could tell,” said Sotheby’s.
His family told the auction house that they don’t know where he purchased the watch, but they do know that he got rid of its original plain case and commissioned a new one in solid platinum.
The American businessman-turned-gangster had a flamboyant style and lavish tastes, said Sotheby’s, and this watch was “befitting for a man known for his inimitable style, who single-handedly came to define the look of the American gangster.”
The watch has a pre-sale estimate of $80,000 to $160,000.
The timepiece was up for auction in 2021 as part of a sale at Witherell’s in Sacramento, California, titled “A Century of Notoriety: The Estate of Al Capone.”
Mae Capone, the widow of Al Capone, passed her husband’s heirlooms down to their only child, Sonny Capone, and to their son’s daughters, Barbara, Diane, and Ronnie.
Al Capone’s granddaughters helped orchestrate the auction at Witherell’s.
At the time, the pocket watch sold for $229,900, exceeding its $25,000 to $50,000 estimate.
The previous buyer is the person selling the pocket watch, said a Sotheby’s spokesperson.
It is one of several Patek Philippe timepieces for sale on June 10 in New York.
The auction lineup also includes six minute repeaters, an “unprecedented” number in a single sale, said Sotheby’s, and a sapphire-set Nautilus.
There are also three double-signed vintage timepieces, including a pink gold 2nd series Ref. 2499 retailed by Gobbi Milano, which Sotheby’s said is the only one known to exist.
“These aren’t just rare watches—they're the best examples of the rarest Patek watches,” said Sotheby’s.
The Important Watches auction will be on view, free and open to the public, from June 6-9 at Sotheby’s New York galleries.
For more information on the auction, visit the Sotheby’s website.
The Latest

Sponsored by A Diamond Is Forever

The next generation of lapidarists are entrepreneurial, engaged online, and see the craft as a means for artistic expression.

Members of the U.S. Marshals Task Force took a 22-year-old man into custody. He was charged with tampering with evidence.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.


Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.

The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.

José Gaztelu has been promoted to the role, which has been vacant since last year.

It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.
























