Fashion  

Sotheby's Auction and the $11 Million Vintage Watch

Sotheby's holds the record for the most expensive watch ever sold at auction, will their new Henry Grave's auction beat their own history?
 Henry Grave's Watch
 
 

Sotheby’s auctions are synonymous for auctioning off some of the most coveted luxury collectors’ items in the world. It was on their auction floor that the abstract painting ‘The Scream’ sold for $120 million dollars, and in 1999 they sold connoisseur Henry Grave’s ‘supercomplicated’ watched for $10 million to an anonymous collector.

The auction will offer watches from world-renowned connoisseurs Henry Graves Jr. and Reginald ‘Pete’ H. Fuller Jr on Juen 2012 in their New York store. This collection represents the lifelong collections of two of the most elite watch collectors in history, and will carry thirteen of Mr. Graves that have never before appeared on the market, along with 43 wristwatches the world has seen.

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The collection will include the last known Graves watches which were inherited by his family members. The best pieces include an 18k Yellow Gold Tonneua Minute Repeating wristwatch designed by master watchmaker Patek Phillippe, which features an ingraving of the Graves family coat-of-arm. This watch –which includes an 1895 movement- is expected to fetch anywhere from $60,000 to $80,000.

The auction is a must see for any watch obsessed collectors with a  nostalgia for historical timepieces. 

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