Watch collectors might be able to score a real deal during an online auction of an array of luxury timepieces from watch dealers on June 8 and 9. The sale features luxury brands such as Rolex, Panerai, Bell & Ross, Patek Philippe, Cartier, Breitling and more.
The watches all come from authorized dealers and members of the International Watch and Jewelry Guild. The items for sale are all authentic and either pre-owned or new. Many come in their original boxes with papers and none of the watches are replicas. They will be sold with a one-year warranty on all watches.
There are many desirable pieces in this auction. Estimates start under $1,000 (a Maurice Lacroix Pontos Day Date is estimated at $700 to $900 for example) but go much higher. A Patek Philippe Golden Ellipse Men's Automatic watch carries an estimate of $17,000 to $20,000. A beautiful A. Lange & Sohne Grande Date Rose Gold Watch with a black crocodile skin band and a pink gold case has an estimate of $24,000 to $27,000. A Patek Philippe 5712R Rose Gold Nautilus Watch with an original box and papers has an estimate of $35,500 to $39,000.
There are several Panerai for Purdey hand-engraved watches up for bid each with an estimate of $17,000 to $22,000. The most expensive Panerai up for bid is a very rare Pre Vendome Panerai from the era when the brand was owned by the Panerai family and not yet owned by Richmont. Panerai watches were not offered to the public until 1991 (all previous models were made for military use only) and this is one of the first models introduced to the public in the early 1990s. One of the models Sylvester Stallone fell in love with and commissioned similar pieces to be made. It has an estimate of $64,000 to $70,000.
Also in the upper echelons is an IWC Portuguese FA Jones Skeleton Platinum Model IW5442-05. It is one of a limited edition of 50 units; a limited edition dedicated to Mr. F. A. Jones, the founder of IWC company and is estimated at $50,000 to $58,000. Audemars Piguet is also well represented with several lots including a Royal Oak Offshore Grand Prix Carbon Special Edition, brand new and in the box.
The watch has a forged carbon case, forged carbon and black ceramic bezel, blackened titanium crown, black ceramic and titanium pushpieces, titanium pushpiece guards and a titanium exhibition case-back fitted with a sapphire crystal. It is estimated at $39,000 to $44,000.
The sale also includes some ladies watches. A Chopard 10-6115-23 Les Classiques Ladies Watch with a white dial and 112 diamonds set on the bezel has an estimate of $12,000 to $16,000. A Chopard Happy Sport Square Ladies Watch with seven floating diamonds on the dial is estimated at $13,000 to $16,000.
There is no in-person preview for this sale but photos of all of the watches are available online. The watches are located in two different cities. The auction starts at 12:30 p.m. Eastern Daylight Time on June 8 and ends at 12:30 p.m. Eastern Daylight Time on June 9. There is a buyer's premium of five percent and a credit card deposit in the amount of $1,000 is required to bid.
Credit cards accepted are Visa, Master Card and American Express and must be received by 3:00 p.m. EST June 7, 2011 in order to bid. CWS Marketing Group will charge a $1,000 deposit on each lot you purchase, unless the bid price is less than $1,000 then it will be for the full bid amount.
Per the terms of the auction, buyers should be prepared to make additional deposits during the auction to keep their bidder status active. Full details are available at cwsmarketing.com/watch.cfm.
See our picks for Best Luxury Watches
Photos Courtesy of CWS Marketing Group
A. Lange & Sohne
Purdey for Panerai