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Patek, Rolex, Cartier & Panerai at Bonhams Watch Sale

On June 19 in New York, Bonhams will auction off a selection of Fine Watches including this beautiful platinum Cartier pocket watch, estimated at $7,000 - $9,000. While overall the timepieces featured are of less importance than in some of the mega-auctions we told you about recently, there are still plenty of valuable and beautiful pieces to be had here. Also on the pocket watch front, there's a rare 18k gold open face minute repeating perpetual calendar version with phases of the moon by Patek Philippe, est. $80,000 - $120,000.

Also included in the sale: A Patek 18k gold self-winding perpetual calendar wristwatch with moon phases and leap year indicator, est. $25,000 - $35,000; several examples of the coveted "Straight Hand Steve McQueen" Rolex Explorer and a rare 1960 stainless steel anti-magentic Oyster chronograph, est. $40,000 - $60,000; and a limited edition titanium Panerai Luminor, est. $10,000 - $15,000.

Gallery: Bonhams Watch Sale

18k gold cushion cased Patek.Limited edition titanium Panerai Luminor.Rolex anti-magentic chronograph.Patek 18k gold open face minute repeating perpetual calendar pocket watch.Patek Philippe 18k gold self-winding perpetual calendar.

Pre-Owned Luxury Purveyor's McQueen Rolex & More

A million-dollar Patek Philippe may be out of your price range, but that doesn't mean you have to give up on acquiring a classic and highly collectible timepiece at auction. A less expensive alternative to the marquee sales at Sotheby's and Christie's comes in the form of Portero.com's eBay-style luxury watch auction, ending Wednesday. Portero, which means "gatekeeper" in Spanish, has established itself as the most reliable online pre-owned luxury purveyor by absolutely guaranteeing that everything they sell is 100% authentic - an important safeguard when shopping for secondhand big-ticket items online.

The company, which just announced the strongest first quarter results in its history, features several important timepieces in its most impressive watch offering to date. Take for instance this beautiful 1974 Stainless Steel Rolex Oyster Perpetual Explorer II, known as the "Straight Hand Steve McQueen" after the super-cool actor who popularized it - one of our favorite vintage Rolexes of all time. At Antiquorum's record-breaking $8.5 million Rolex auction last month one just like it went for $40,000, but with less than three days left (as of time of writing) the current bid on this one is only $19,000, so there's a chance to score a really good deal. See the gallery for more lots including watches by Patek Philippe, Ulysse Nardin and Jaeger-LeCoultre.

Gallery: Portero.com Watch Auction

1963 Rolex Oyster Perpetual Milgauss Jaeger-LeCoultre Master Compressor Geographic AutomatiquePatek Philippe Perpetual Calendar Platinum Patek Philippe Perpetual Calendar 18k White Gold Ulysse Nardin Sonata Cathedral Dual Time

Eric Clapton's Rolex Sells for Record-Shattering $505,000

The other day we reported on the world records set at Antiqorum's recent $8.5 million Rolex auction, where the top-priced timepiece fetched $248,000. At Sotheby's Important Watches auction on April 23, however, that record was shattered by the sale of an ultra-rare 1971 "Albino" Rolex Daytona that formerly belonged to rock & roll icon Eric Clapton. Eclipsing its pre-sale estimate of $100,000 - $150,000, the Daytona went for a whopping $505,000 including buyer's premium.

Though the total proceeds from the Sotheby's sale, $6,588,451, were far less than Antiquorum's, the Clapton sale set a record for the Daytona and was the second-highest price ever achieved at auction for a Rolex watch. This model is known as the "Albino" because both the background and subsidiary dials are in a monochrome silver color, as opposed to the usual contrasting variations found on more common examples.

The second through fifth highest prices paid at the Sotheby's auction were all for Patek Philippes, ranging from $445,000 - $217,000. The sixth highest was also a Rolex, a so-called "James Bond" 1959 Submariner, which brought in $211,000.

Gallery: Sotheby's Important Watches

Little Kualala, Namibia.Pool deck, Little Kulala.Patek Philippe. A Large Gold Automatic Perpetual Calendar, $301,000.A. Lange & Söhne Ltd. Edition Gold Tourbillon with Power Reserve, $145,000.Singita Sweni lodge, Sweni River.

World Records Set at $8.5 Million Rolex Auction

Nine world records were set at Antiquorum's massive vintage Rolex auction on April 17, entitled Revolution: The Evolution of the Rolex Sport Watch, commemorating the brand's 100th anniversary. In total, $8,515,260 worth of timepieces were sold to bidders worldwide.

Among the records set was $237,600 each for two highly-prized 1967 Sea-Dweller Submariners, and $166,800 for a 1973 Submariner originally issued to the British military. The most beautiful watch in the sale, the rare "Jean-Claude Killy" Antimagnetic Oyster Chronograph, fetched $155,000, while the highest price was brought in by a 1979 "Comex" model Sea-Dweller, which went for $248,800.

While collectors certainly paid a premium for historical value, not all the most attractive watches hit six figures. The super-stylish version of the Explorer known as the "Straight Hand Steve McQueen" pictured here went for a more modest $40,800, still a significant sum for this model.

Gallery: Antiquorum's 100th Anniversary Rolex Auction

A British Military Issue SubmarinerAn Early Example of a GMT MasterA An Oyster ChronographThe Sultan of Oman's 1973 Oyster Perpetual

Bamford & Sons Limited Edition Rolex

Bastion of top-drawer British style Bamford & Sons has just come out with their own take on the classic and much-coveted Rolex Daytona Cosmograph, popularized by Paul Newman back in his racecar driving days. The London-based Bamford design team sourced 25 vintage Daytonas -- no mean feat in itself -- then customized them with an aqua blue face and a black PVD coating (a low-friction finish used by the military) over the stainless steel.

Bamford's wares are available Stateside from Bergdorf Goodman and Neiman Marcus, but this limited edition timepiece can only be ordered direct from the company's own UK store (they'll ship worldwide); it costs £14,995, or just over $30,000. Bamford previously customized a cool Rolex Submariner on a black leather strap, but the Daytona is in a class by itself.

Continue reading Bamford & Sons Limited Edition Rolex

Buy Saddam's Bling


Saddam Hussein was a rich man, and now that he's gone some of his "bling" is going up for sale.

Well, it's supposedly his bling. We have Haitham Wihaib's word (an ex Saddam Hussein employee) that the items he's putting up for sale (including a custom-made gold and diamond Rolex, Dior sunglasses, and a Cartier pen with which Saddam was rumored to sign death warrants) used to belong to the famous Iraqi tyrant. Overall Wihaib hopes to raise £350,000 from the sale, to be put towards Iraqi schools.

Personally I don't care what the reason, I wouldn't buy that creep's stuff for any amount of money.

Fred Goldman Gets O.J.'s Rolex

Fred Goldman may never get much of the $33.5 million owed to him by O.J. Simpson but at least he will get a new watch. A judge has ruled that Fred Goldman is entitled to Simpson's Rolex Submariner watch. Goldman, who now also owns the rights to Simpson's book, has requested the items seized in Las Vegas during Simpson's recent arrest. The watch is valued at around $5,000 but I'm guessing it would bring a lot more if Goldman decided to auction it off on eBay. Attorneys for Goldman can go to Las Vegas, take possession of the watch and have it appraised and the judge will review findings on October 16.

Who Should Get The Senator's Diamond Rolex?

Bad times for former Senator John Ford. Not only is he scheduled to be sentenced in the Tennessee Waltz corruption scandal this month for accepting bribes, now the Feds and his ex-wife are fighting over his diamond Rolex watch. Federal agents seized the watch in 2005 when he was first arrested and have now filed papers to keep the watch because it is ill-gotten gains. Ford's ex, however, Tamara Mitchell-Ford, says Ford promised her the watch as child support payment. The watch is valued at $70,000. Who deserve the watch? Looks like it will be up to the courts to decide.

The Rolex Tower, All Glass, No Clock

A new tower will be going up in Dubai with a name that is recognizable pretty much worldwide. Gulf News reports that the Rolex Tower will be a 63-story mixed-use tower along Shaikh Zayed Road. The building will have a glass facade and will be the standard layered affair of ground floor retail space, offices and then a topping of 23 floors of residential apartments crowned with a few floors of penthouses. The tower was designed by the famous firm of Skidmore, Owings and Merrill, designers of Burj Dubai and many other notable structures. The cornerstone was laid this week and the project is expected to be completed by the end of 2009.

Results From The First Mondani Rolex Auction

The first half of Antiquorum's auction of the Mondani Collection of Rolexes took place Saturday in Geneva. No April fools here, the auction brought in $3.676 million for Antiquorum including buyer's premium. All 152 lots were sold and brought in a total of 200 percent of their estimated value. Ten lots set new records for Rolex watches with the top price being set for the watch shown here, the Oyster Chronograph Antimagnetic which was made in 1941, which has a round button chronograph, register and pulsometer (it's also called the Medical Chronograph). The next day, Antiquorum held another important watches sale which brought in $9.3 million, $1.475 million alone coming from a single watch, Patek Philippe's "World Time"  which was made in 1953 and has a map of North America on its cloisonné enamel dial, which fetched $1.745 million. Check out this pricey timepiece after the jump.

[via National Jeweler]

Continue reading Results From The First Mondani Rolex Auction

Jerome Bettis Lost $67,050 In Jewelry During Super Bowl Week

It seems Pittsburgh SteelerJerome Bettis was a bit forgetful during Super Bowl week. Somewhere in the course of all the excitement he managed to misplace a $31,100 Rolex watch and a $35,950 bracelet. After returning home he discovered that the items were missing but a lost property report wasn't filed until this week. The report says that Bettis thought Steelers personnel had picked up the items which he had left in a locker drung a practice. So far, no one has turned in the items.

Celestial Watch at the Antiquorum Watch Auction

The latest Antiquorum auction will feature the collection of jazz pianist Keith Jarrett. His impressive collection includes a Patek Philippe Ref. 3970E in pink gold,with chronograph, register, perpetual calendar, and moon phases. Antiquorum experts expect this watch to fetch $ 60,000 - 80,000. Other watches in the auction are from two collectors, an "English Gentleman" and a "Scottish Gentleman." The English Gentleman's collection include  a Vacheron Constantin, Les Complications Tourbillon 75 which was made in   the 1990s in platinum in a limited edition of three with transparent case back and should bring in $80,000 to $120,000. The Scottish Gentleman's collection includes a Patek Philippe “ Celestial Wristwatch." This rare beauty, shown here is Reference 5102 and is an astronomic 18K white gold gentleman’s wristwatch with mean solar time indication, nocturnal sky chart of the Northern Hemisphere, moon phases, moon orbit, and time of the meridian passage of Sirius and the moon and should sell for $140,000 to $160,000.

Extraordinary Rolex Collection To Be Auctioned

For truly obsessed Rolex fans, this is big news, 300 rare vintage Rolex wristwatches will be auctioned when Antiquorum sells off “The Mondani Collection of ROLEX Wristwatches." The auction will be in two parts on April 1 and May 13, 2006 in Geneva at the Mandarin Oriental Hotel du Rhône. The comprehensive collection covers everything from the early days of Rolex to recent models. The collection is the basis for the book written by Osvaldo Patrizzi, “Collecting ROLEX Wristwatches”, edition of 2001. The catalog for the sale will link to this book and the new book “ROLEX Collecting Modern and Vintage Wristwatches” edition 2006, by Mr. Patrizzi so the collector can see his or her timepiece in the book on the subject. Guido Mondani's collection is extraordinary because it includes the best examples of Rolex watches available and represents a twenty year obsession. The watch shown here is a tonneau shaped, self-winding, waterproof, astronomic, 18K yellow gold gentleman's wristwatch with diamond black dial, triple date and moon phases. This watch is estimated to sell for $190,000 - $265,000.

[via Time Zone]

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