Part two of our July auctions is auction house Boule on the 18th of July at the Monte Carlo Bay Hotel. The auction house began its existence with a philatelic department 40 years ago, but now, based in Paris, they host two watch auction annually. On the 18th Boule will be offering 284 lots with some greats amongst them. In this article, The Collectors Index will pinch the favourites, selected by our team.
18:00, July 18th, 2017
Monte Carlo bay, Salon Sincerity, 40 Avenue Princesse Grace,
There are so many great and quirky watches in this catalogue, but one particular piece has to be mentioned; lot number 30, a Verger, Cyma from the 1930s Art-Deco handbag buckle incorporating a built-in watch with shuttered concealed dial. Technically not a wristwatch, but an impression making timepiece.
It goes without saying that these do not come up at auction often. Our database shows they pop up every 5-10 years and don’t always sell, but then it is clearly an acquired taste. However, in today’s market, it’s not unimaginable that this could have been designed by the famous independent watch brand MB&F! The estimate on this is €1,300 – 1,800 which is quite reasonable. If they sell, they usually end up with a hammer price of £3,000 GBP.
Another vintage timepiece worth investigating is the pristine looking 1950’s lot number 125, a Universal Genève, Climate-proof Compax. It’s rarity being the oversized 37mm pink gold case, which was consider a large wrist watch at the time.
Another great feature is the ‘snap back’ case back and a second inner case back making the watch more climate proof. The same is featured in the Patek Philippe “Amagnetic” from our previous article. An estimate of €6,000 -9,000 is spot-on, since the market really heated up over the last few years and this one cannot be miss in a dedicated UG collection.
For the modern high-end timepiece lovers we have selected two watches from the Boule auction. Lot. 104 and Lot. 254.
Lets start with lot number 104; A. Lange & Söhne, Zeitwerk, with a 41mm white gold case from 2013. Two things to know about this watch: The German made Zeitwerk is A. Lange & Söhne’s ‘s first wrist watch featuring a digital display and the movement consists of 416 parts. It makes for a lovely modern sporty looking watch.
According to our database, they don’t come up at auction often and they are fairly consistent with their auction hammer price of around €47,000. So, the with an estimate of €30,000 – 40,000 it is again spot-on indication if you include the 24% buyers premium on top.
Lot. 254 is the Ladies 37mm, Patek Philippe, Multi-scale Chronograph, Ref. 4675G-001, ref. with diamond insets.
Made to commemorate the 175th anniversary of the brand, it is a limited production piece of only 150 pieces with just two white gold versions of this particular watch. One is the smaller 37mm white gold case with diamond markers on the dial for the ladies watch market and one made in a 40mm white gold case.
Usually lady’s watches are selling for far less than the male version timepieces, but in this case the 37mm Patek has a strong sales record: our database shows Sotheby’s Hong Kong sold one in November 2015 for 725,000 Hong Kong Dollars (historic exchange rate: €87,000) which converted to Euro would be €87,000.
On this double sealed and considered completely mint ref.4675 piece, Boule has put an estimate of €50,000 -€70,000.