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Sotheby's holds first-ever watch auction in Dubai

Audemars Piguet Royal Oak Grande Complication (2002)

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The auction will be led by an Audemars Piguet estimated at $4-600,000

Monday 19, November 2018 BY MULLALLY WILLIAM

Sotheby’s will hold its first-ever watch auction in the Middle East on 19 November. Held at Sotheby's Dubai premises in DIFC, the auction will feature a curated mix of both contemporary and vintages timepieces, including those from the most world's renowned brands including Patek Philippe, Rolex, Audemars Piguet and Vacheron Constantin.


Independent watchmakers such as Richard Mille, Kari Voutilainen, and MB&F and HD3 are also figure prominently. Further highlights include unique pieces, luxurious diamond-studded watches by Breguet and Chopard.


“The horology market in the Middle East is evolving at a fast pace. The savviness coming from collectors in the region is remarkable: beyond the pure aesthetics, they are eager to learn about everything, from the technical and historical aspects to the individual stories behind each watch," said Sam Hines, Global Head of Sotheby’s Watches.


"This is fascinating for us and while we regularly engage with Middle Eastern cients in our international watch sales, this new sale provides us with an exciting opportunity to share our passion with collectors in the region and explain the advantages of buying a watch at auction," Hines continued.


The auction comprises some 121 lots – a mix of male and female pieces and vintage and contemporary. The auction is led by an Audemars Piguet Royal Oak Grande Complication from 2002, which has never before been offered at auction (est. $400,000 – 600,000). Adorned with diamonds, blue sapphire and mother pearl throughout the case, dial and integrated bracelet, this Grande Complication is driven by a calibre 2885, which is comprised of 648 parts, all hand crafted in-house by Audemars Piguet’s master watchmakers.

TAGS : Dubai

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