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"Sleeping Beauty" Rolex sells for record-breaking $1.14 million
The 2013 watch auction season came to a close Dec. 17 at Christie’s New York with a $12.9 million sale led by a record-breaking Rolex.
By: Diamond World News Service
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Dec 20 2013 6:00PM
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Reference: 8641  

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Christie’s New York saw a successful finale to the 2013 Watches auction season on December 17, with a 365-lot auction of Important Watches, which achieved a total of $12,926,175 and selling 91 percent by lot and 95 percent by value. The top lot of the sale was an exceptional Rolex, Stainless Steel Reference 8171 “Padellone,” which sold for $1,145,000, quadrupling its pre-sale estimate of $250,000 – 350,000 after a fierce bidding war that spanned across four countries and establishing a new world auction record for a Rolex Reference 8171. A 1960 Patek Philippe, Ref. 2499, that fetched $725,000 and a 2012 Richard Mille skeletonized wristwatch with tourbillon that earned $605,000 rounded out the top three lots.

This result combined with the June 11 auction, brings the 2013 New York total to over US$20.8 million. After a year that saw record-breaking figures across Geneva, Hong Kong, and New York salerooms, 2013 marks Christie’s eighth consecutive year as leader of the watch auction market.

Multiple New Records Achieved for Models by Patek Philippe, Rolex, Richard Mille, Chanel, and Vacheron Constanin.

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