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All proceeds from the sale will go to youth charity the Two Bit Circus Foundation, in a timed online auction that began at the weekend and ends on October 22 October on Bonhams.com.
Flat 4 version of the watch is sufficiently rare to command the same recommended retail price as a brand new Patek Philippe 5711 with olive green dial.
Auction is a test of the desirability for Patek Philippe's Nautilus and Audemars Piguet's Jumbo Royal Oak, both of which have been in the news this year for being discontinued (although not these references).
Cartier Pebble with turtle lugs has every chance of smashing its pre-auction estimate of $210,000 to $280,000.
The watch, made by independent Swiss watch producer Michael Z. Berger, had a pre-sale estimate of €12,000 to €18,000.
Bonhams is hoping to ride a wave of hype created by the $103 million sale of Picasso's Woman Sitting by a Window in New York this week.
Explosion of online auctions fails to compensate for loss of saleroom events during the pandemic.
Reluctance to trading luxury watches online was stripped away by the pandemic, leading to legions of new customers buying and selling vintage and contemporary timepieces for the first time.
Final sale of the year for Bonhams demonstrates continuing strength of the vintage watch market.
Albert Potter and Charles Fasoldt are still considered among the world’s finest watchmakers of their era.