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Sotheby's is welcoming collectors back into a live auction room in London for the sale of groundbreaking early 19th century tourbillon timepiece.
Sotheby's sells Dent Ultra Complication for $832,240 at its Masterworks of Time online sale.
Challenge was won by a pastel blue design by Raymond Ramsden, a 58-year old father of two from England.
The sale will close on Tuesday, May 26, 2020 and includes a curated selection of watches from brands such as Patek Philippe and A. Lange & Söhne.
Success of Hong Kong's weekly sales prompts Sotheby's to add weekly auctions from Geneva and New York.
Auctioneer has sustained a lively online calendar of events, and expects New York and Hong Kong to open sale rooms early in the summer.
Public is asked to design a Ressence watch that will be auctioned to raise money for Coronavirus research at a Belgian university.
The top price paid was $306,000 for a stainless steel Rolex Paul Newman Daytona, ref.6241, from around 1968.
First sale, which started today, has 19 crowd-pleasing vintage and contemporary models from two of the world's greatest watchmakers.
2019 was a year of world records, Nautilus-mania and a boost for independent brands at auction this year. The three main auction houses – Christie’s, Sotheby’s and Phillips – will have sold upwards of $300 million dollars’ worth of watches in 2019 (a very rough estimate), including the $39 million Only auction for charity. Here’s what’s hot, what shattered the records and what might be the next big thing.