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Phillips has raised over $80,000 for the Horological Society of New York.
Cartier Octagonal sells for $170,000 in the same month a Cartier Pebble hammered for $450,000 in Geneva.
Two Grand Seiko watches smash their pre-sale estimates and set a new platform for future price growth at Phillips Geneva Watch Auction XIII.
If 2020 was about auctioneers selling more watches at lower prices through online auctions, 2021 is shaping up to be a year of record-breaking prices for the most prestigious pieces.
Transparency of digital marketplaces like eBay is driving up trust and confidence in an increasingly sophisticated online auction industry for luxury watches.
Leading the sale is an exceptional platinum Patek Philippe world time wristwatch with cloisonné enamel dial and platinum bracelet.
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.
Engraved watch was given by Mr McQueen to his chief mechanic while filming iconic racing movie Le Mans.
The auction will include the Panerai Luminor worn for Mr. Stallone’s role in Daylight which can be considered the most important modern Panerai wristwatch ever offered publicly.