Roseberys Watches & Luxury Items sale on Wednesday 5 February saw an exceptional sell-through rate of 98% and a percentage sold by value of 247%, proving the buoyancy of the middle market for notable and historic timepieces.
The sale was led by two rare Cartier London watches, in the Tank and Baignoire models. The Tank, the top lot of the sale, saw competitive bidding over the phones and online. It ultimately realised a price of £31,440, selling to a private buyer. Similarly, the Baignoire model sold over estimate, realising a price of £15,744.
Cartier London watches are sought after due to their rarity; the Maison’s horological production took place over only eight years, from 1966 to 1974. In the 1960s, Jean-Jacques Cartier, son of Jacques—the youngest of the three Cartier brothers who expanded the brand globally in the 1920s and 1930s—led the London branch of the firm. He opted to manufacture wristwatches in London instead of relying on imports from Paris.
A collection of Kutchinsky dress watches achieved exceptional results, with two lots of steel and gold quartz calendar bracelet watches realising prices over eight times their high estimates. Furthermore, a unique Sarcar 18 carat gold automatic bracelet watch with world time indication, a diamond set dial and a rotating bezel, realised a price of £9,053 over a high estimate of £6,000.
"This was Roseberys’ most successful watches sale to date, attesting to a continued demand for fine horological craftsmanship. Seeing two London Cartiers achieve such outstanding results in the city of their production was particularly gratifying," commented Kate Lacey, Senior Watches Consultant at Roseberys.
Newsletter Signup
Newsletter
