Auction house Christie’s will hold its 19th Important Watches Dubai auction on April 11 at the new Mandarin Oriental Hotel in Dubai. According to the organizers, this edition will feature the largest selection of watches ever offered to the region with approximately 200 lots.
The sales includes a diverse range of collections by single owners, alongside a curated selection of vintage pieces including a clutch of Patek Philippe Calatrava watches with emphasis on rare dial configuration and fancy lugs from the 1940s. What’s a vintage watch sale without Rolex? The sale features a well-considered selection of Rolex watches, including pre-Daytona and Paul Newman Daytona models. The independents watch brands being offered at the auction include the terrific Naissance d’une montre 1 which is being offered a public auction for the first time since 2017.
“In 2019, the UAE accounted for the largest market share of luxury watch buying in the Middle East, alone representing more than 35 percent within the region. Christie’s watch auctions in Dubai have enhanced the region’s momentum and contributed strongly to the dynamic global market,” said Remy Julia, Christie’s head of watches for the Middle East, Africa, and India. Historically, Patek Philippe perpetual calendars have often topped the sales at these auctions, King Farouk’s Ref. 1518 was sold at the auction in 2018 for $912,000.
Highlights from the Christie’s sale of Important Watches in Dubai on 11 April include a Patek Philippe reference 1526R, a rare perpetual calendar wristwatch with moon phase indication. This is a well-preserved example of the rare pink gold version of Ref. 1526 from the third series and features a dial with a uniform eggshell-colored patina. The watch has a pre-sale estimate of $250,000 – 350,000.
Among the Rolex watches offered at the auction is the rare Ref. 1802 with a yellow lacquered ‘Stella Dial’. The dial also has eight round cut diamonds indexes and two baguette-cut diamonds placed at 6 and 9 o’clock and is offered with its original Certificate of Guarantee. The watch has a pre-sale estimate $120,000–200,000.
The auction will be on view at Christie’s permanent office at DIFC early April and will then transfer to the 2020 new auction premises The Mandarin Oriental Hotel and on view on 9, 10 and 11 April, followed by the auction at 4.00pm on the 11 April.