An afternoon at the auction.
Discussion
Having a spare afternoon I popped along to Bonham's fine watch auction at Bond St. I hadn't been to a sale in years. There was a fine selection of pieces; vintage, late model, complications and gold/diamond set goods. Patek and Lange & Sohne sold well, with a few notable highlights.
Lot 149 A unique platinum Patek minute repeating split chrono. Sold at £78,000 inc.
Lot 184. A Rolex 5513 Military issue Submariner. Watch has seen action by father and son in the British Army. Sold at £39,600.
Lot 215. A Patek 5970J perpetual chrono. Sold at £90,000 inc.
Lot 240. An 18ct gold Vintage Rolex Daytona 6263. Sold at £33,600 inc.
Lot 251. A fine 18ct Rolex triple calender ref 6062. Sold at £38,400 inc.
Lot 252. A rare Rolex Submariner with 'Explorer' dial. Sold at £40,800 inc.
Lot 261. A stunning Breguet Tourbillon in platinum. Sold at £36,000 inc.
Lot 262. A perfect Patek 5101P Platinum Tourbillon. Sold at £168,000 inc.
Lot 280. My favourite, a beautiful Lange & Sohne Platinum perpetual calender with chronograph. Sold at £45,600 to a bloke in ripped jeans!
There were others, these were just a few that grabbed me.
Lot 149 A unique platinum Patek minute repeating split chrono. Sold at £78,000 inc.
Lot 184. A Rolex 5513 Military issue Submariner. Watch has seen action by father and son in the British Army. Sold at £39,600.
Lot 215. A Patek 5970J perpetual chrono. Sold at £90,000 inc.
Lot 240. An 18ct gold Vintage Rolex Daytona 6263. Sold at £33,600 inc.
Lot 251. A fine 18ct Rolex triple calender ref 6062. Sold at £38,400 inc.
Lot 252. A rare Rolex Submariner with 'Explorer' dial. Sold at £40,800 inc.
Lot 261. A stunning Breguet Tourbillon in platinum. Sold at £36,000 inc.
Lot 262. A perfect Patek 5101P Platinum Tourbillon. Sold at £168,000 inc.
Lot 280. My favourite, a beautiful Lange & Sohne Platinum perpetual calender with chronograph. Sold at £45,600 to a bloke in ripped jeans!
There were others, these were just a few that grabbed me.
Edited by Dominic H on Friday 10th June 17:00
Ikemi said:
Wow! The A.Lange & Sohne ...
Yep, loving the complications. The Lange, the Patek 5970 and the Breguet Tourbillon Reserve de Marche for me were the stand out pieces.....I spent yesterday morning with a mate who'd just bought a 458 Italia, which totally re-defined my understanding of performance motoring. Then this afternoon I was knee deep in these beauties. Believe me, when the six numbers drop in, I know exactly where the first £400k is going....
Dominic H said:
Hav
Lot 184. A Rolex 5513 Military issue Submariner. Watch has seen action by father and son in the British Army. Sold at £39,600.
There must have been issues with it for it to fall at that sort of money?!Lot 184. A Rolex 5513 Military issue Submariner. Watch has seen action by father and son in the British Army. Sold at £39,600.
Certainly looks to have had the fixed bars removed, but even so, that doesn't seem nearly enough money for a 'full spec' example with that sort of provenance!
LukeBird said:
Dominic H said:
Hav
Lot 184. A Rolex 5513 Military issue Submariner. Watch has seen action by father and son in the British Army. Sold at £39,600.
There must have been issues with it for it to fall at that sort of money?!Lot 184. A Rolex 5513 Military issue Submariner. Watch has seen action by father and son in the British Army. Sold at £39,600.
Certainly looks to have had the fixed bars removed, but even so, that doesn't seem nearly enough money for a 'full spec' example with that sort of provenance!
LukeBird said:
Dominic H said:
Hav
Lot 184. A Rolex 5513 Military issue Submariner. Watch has seen action by father and son in the British Army. Sold at £39,600.
There must have been issues with it for it to fall at that sort of money?!Lot 184. A Rolex 5513 Military issue Submariner. Watch has seen action by father and son in the British Army. Sold at £39,600.
Certainly looks to have had the fixed bars removed, but even so, that doesn't seem nearly enough money for a 'full spec' example with that sort of provenance!
Given £46k which would you buy?.....
Dominic H said:
Agreed, I though this would be £50k+. Maybe, the market is waking up to alternatives. Consider the 18ct Triple Date 6062 at the same money, or the Lange & Sohne at another couple of grand. I know Milisub/Comex/Paul Newman are considered the 'Holy Trinity' for Rolex collectors. But when you actually handle watches like the Lange Datograph that sold at £45,600 (rrp over £100k), this is what you're buying..
Given £46k which would you buy?.....
Completely agree Dom. Given £46k which would you buy?.....
The 5517 is gorgeous, but maybe you're right, maybe the bubble has burst for silly priced collector's Rolexs?
That 6062 is stunning as well, I'm amazed that Rolex don't make anything comparable nowadays.
ETA And I would have thought that Submariner (assuming the lack of fixed bars is the only mod from original condition & everything else is original to the watch) would have been knocking on 6 figures.
Edited by LukeBird on Wednesday 8th June 23:05
Re the Gold Daytonas, if gold watches were at the height of fashion right now, would that have gone for more ? Or at this price level is the going rate not affected by trend ?
Another question, is it possible to attend a high end watch auction without thinking about *that* episode of Only Fools and Horses ?
Another question, is it possible to attend a high end watch auction without thinking about *that* episode of Only Fools and Horses ?
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