Patek

Patek leads the way at Sotheby’s spring sale

It confirmed that over 240 pieces will be on offer ranging from £1,500 to nearly £400,000 in price.

Sotheby’s is set to host its annual spring auction of Important Watches in New York on June 4.

This upcoming Tuesday the auction house will offer a range of vintage and modern pieces from the likes of Patek Philippe, Rolex, Jaeger-LeCoultre and Audemars Piguet.

It confirmed that over 240 pieces will be on offer ranging from £1,500 to nearly £400,000 in price.

The lots will be open for public exhibition in Sotheby’s New York galleries from today, alongside the auctions of Important Jewels.

The collection is led by two exceptional Reference 2499’s by Patek Phillipe, as well as a Yellow Gold Perpetual Calendar Chronograph Wristwatch with Moon Phases, retailed by Tiffany & Co. from 1984.

On offer from the original owner and appearing at auction for the first time, the watch is the only known fourth series Ref. 2499, to Sotheby’s knowledge, signed by Tiffany.

It comes with an estimate of $300,000 to £395,000.

The 1984 represents one of 349 examples manufactured over 35 years of production, and has an estimate of $250,000 to £276,000.

Based on Sotheby’s research, the watch as never been offered at auction.

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