Patek Vintage Wrist Watch Sold in New York for $710,000

Unfortunately, timeless time pieces, called mechanical watches have given way to plastic disposable watches. Even pioneering companies do not make them as they used to do it before. Now in websites you could have the glimpse of watches, making skill, involved in the industry. Those who are fortunate will inherit them from their fathers with the nostalgic magic charm.

The vintage wrist watches are known for their intricate designs, mechanical working, alarm, calendar with complicated, complex chronograph in gold case. In this era, people show interest in this lost art. Here, is one such story of collectible vintage wrist watch.

Patek Philippe Minute Repeater, a unique watch of the yester years is known for his dedicated craftsmanship with the reference of accurate history, references, and databases.  Antiquorum, a leading Swiss auction house in the world has set a world record selling Patek Philippe minute repeater for $710,000.  “The ugly watch in the drawer” has beaten all the estimation and expectations, which was somewhere between $300,000 – $500,000.

The documentation from both Patek and Cartier, a watch manufacturer and retailer in NYC dating to 1950, has resulted in a bespoke watch with its unique dial, manufactured by Stern Frères featuring hand engraved code and Patek Philippe signature. Some of the other features are the concave bezel, oversized crown, minute repeater slide, a calibre which was retailed by Cartier.

Via:  hodinkee


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