Heading into this public sale season, there was no watch that snared my consideration greater than this prototype Patek Philippe Aquanaut provided by Antiquorum. The watch sort of had all the pieces – tons of curiosity, greater than a little bit intrigue, and a whole lot of traits that might make it a near-perfect storm for right this moment’s collectors. I spent the previous few weeks asking mainly anybody who would weigh in what they considered it, and you’ll learn all about my findings right here. The TLDR model is easy although: There was no clear consensus and folks I belief mentioned all the pieces from “this would be the watch of the Might 2019 auctions” to “it is a pretend and I would by no means inform somebody to bid on it.” I actually had no concept whether or not it will promote for large cash or cross altogether.
Effectively, right this moment we received a little bit of readability, with the watch promoting for a complete of CHF 401,000 (roughly $396,000) simply after 6:30 PM CET as Lot 726. There was about 15 minutes of bidding earlier than the hammer dropped at CHF 330,000, with many of the bidding after CHF 100,000 coming from two individuals (I used to be watching on-line, so I do not know precisely who they had been). Bear in mind, the estimate on this was CHF 50,000-80,000, in order that’s an over-performance of greater than eight occasions the low estimate. So far as I’ve seen, that is the primary watch this weekend to go loopy like that.