Press release
A perennial favorite among collectors, "World Time" watches and clocks indicate time in all 24-hour time zones. Along with dual-time watches, these timepieces are particularly relevant in this era of global interaction and dependency. For its June 15 sale in New York, Patrizzi & Co Auctioneers plans to present a captivating selection of "World Time" men's and women's wristwatches, pocket watches and clocks, along with other collector-level timepieces.
More than 200 timepieces, including the World Times, will be offered in the auction, with two sessions at 11 a.m. and 2 p.m. in the company's gallery on the sixth floor of 595 Madison Avenue. A three-day Silent Sale of an additional 150 to 200 watches will be held from Saturday, June 12, to Monday, June 14.
"World Time clocks and wristwatches eloquently capture a geographic history of the world," said Osvaldo Patrizzi, president and chief executive officer of Patrizzi & Co. "These timepieces preserve the evolution of timekeeping and international capitals, going back to the magnificent clock from 1630 that we sold last summer in our Renaissance Clocks auction in Milan." World Time watches and clocks in this auction date from circa 1940 to 2009, including models from Patek Philippe, Breguet and Vacheron Constantin.
A number of other important pieces will be offered, including a grande et petite sonnerie and minute repeater by F.P. Journe; three Patek Philippe Ref. 3960s, the officer's style watch produced in a limited edition to commemorate the company's 150th anniversary in 1989, and an Art Déco Mystery Clock from Cartier.
For the first time, the auction collection will preview in Shanghai where Patrizzi & Co has established a new office.
Highlights of the Auction
F. P. Journe, "Sonnerie Souveraine – Grande et Petite Sonnerie – Répétition Minutes," stainless steel minute-repeating wristwatch with grande et petite sonnerie striking chimes and power reserve indication; made in 2007
Estimate: $400,000 – $550,000
Cartier Art Deco Mystery Clock, Model A, 18k yellow gold and rock crystal with diamonds; in mint condition; c. 1938-1940
Estimate: $280,000 – $350,000
Patek Philippe, Officer's wristwatch, Ref. 3960, in platinum; made in limited edition to commemorate the company's 150th anniversary in 1989
Estimate: $60,000 – $80,000
Patek Philippe World Time, Ref. 5110, in platinum; self-winding with night and day indicator and dial depicting time in 24 time zones; made in 2004 and sold Oct. 15, 2004
Estimate: $35,000 – $45,000
Patek Philippe World Time, Ref. 5131, in 18k yellow gold with enamel dial; sold Dec. 11, 2009
Estimate: $150,000 – $180,000
Patek Philippe Perpetual Calendar Chronograph, Ref. 5970, in 18k pink gold; sold Nov. 5, 2004
Estimate: $90,000 – $120,000
F.P. Journe Tourbillon Souverain, No. 141/01T, in 18k pink gold; sold Aug. 9, 2001
Estimate: $70,000 – $90,000
Breguet Souscription Set, No. 11, in 18k yellow gold; made in limited edition of 300 pieces to commemorate “The Art of Breguet” auction in 1991
Estimate: $100,000 – $140,000
Luminor Panerai wristwatch featuring Rolex case and movement and Panerai dial; c. 1940
Estimate: $70,000 – $100,000
Conrad Kreitzer, cross-shaped Pendant Watch in gilt brass, and rock crystal and in mint condition; circa 1620
Estimate: $30,000 – $40,000