Watches by Patek Philippe dominated sales at GWS Auctions’ Luxury Timepieces and Master Jewelry Pieces auction in January.
Top of the auction list at the California event was a Gubelin Travel Time Limited Edition 150th Anniversary 18K Yellow Gold watch, one of only 50 made. This ultra-rare wrist watch features a solid 18k yellow gold 38mm case with large crown and push buttons, see-through sapphire exhibition case back, Swiss handmade manual wind movement with two time zones, rare chocolate brown dial with yellow gold hands and index hour markers, scratch resistant sapphire crystal and chocolate brown alligator band with fold-over Calatrava cross buckle. The watch also features a small seconds sub-dial at six o’clock, 24-hour sub-dial at 12 o’clock, and second time zone displayed by skeleton hour hand. New and never worn, the watch realised $37,500.
Also notable was an Annual Calendar Moonphase Solid 18K White Gold 36mm watch with a Patek box and certificate of origin. Featuring automatic self-winding movement, slate-grey superluminova dial with date, day of the week and month, moon phases and power reserve indicators, and Arabic numerals and baton-cut indexes in white gold, this watch is rare to find in this condition with the original leather strap. It realised $30,000. Another Moon Phase Solid 18k White Gold watch with extracts from the Patek archives realised $30,000.
Also featured in the sale were a Rolex Cosmograph Daytona Solid Stainless Steel watch, which sold for $20,000, a Rolex Presidential Day-Date Solid 18k Yellow Gold at $12,000, and a Rolex Oyster Perpetual Submariner at $10,000.
In the jewellery lots, a 0.14ct GIA Certified cushion cut diamond in diamond and solid platinum halo setting, valued at $452,000, fetched a mere $95,000. A 32.29ct octagonal cut Colombian emerald in a diamond and solid 18K white gold clustered halo ring, said to have been made for a Princess, reached only $125,000, despite a valuation of $725,000.