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Patek Philippe is likely to command the highest prices for watches including a Ref 1518 Pink Gold Perpetual Calendar Chronograph Wristwatch with Moon Phases, made in 1946. It has an estimate of $300,000 to $500,000).
Amongst the highest selling lots were a Rolex ‘Paul Newman’ Daytona in yellow gold and a Patek Philippe in pink gold.
Sotheby's Fall watch auction in London will be headlined with a Rolex Daytona 6239 ‘Paul Newman’ chronograph owned by British racing legend Jim Russell.
But highest price of the year honour goes to a George Daniels pocket watch that sold for $10.1 million.
In celebration of the 50th anniversary of the first Omega watch landing on the moon, sales at Sotheby's dedicated auction of Omega Speedmasters totaled $1.2 million.
It also broke the record for a timepiece by an independent watchmaker as well as the highest price achieved for a watch at auction this year.
The George Daniels Space Traveller I, with a pre-sale estimate of £700,000 to £1 million, was completed in in 1982 to commemorate the 1969 American moon landing, an event that left a great impression on his life.
Sotheby's auction will donate money to France's Antoine de Saint-Exupéry Youth Foundation.
The Omega Speedmaster: To the Moon and Back auction on July 19 aims to celebrate the iconic sports watch and its trip to the moon 50 years ago.
Two rare Patek Philippe pieces led the way in the auction and both references exceeded pre-sale estimates by a total of $400,000.