Sotheby’s Sale Sets American Watch Record

Sotheby’s Important Watches sale in New York City Oct. 17 took in more than $4.1 million, the auction house said.

The sale demonstrated “continued interest in pieces from the renowned collection of the Time Museum, Rockford, Ill.,” said Aaron Rich, head of Sotheby’s Watches Department. “We saw strong interest from American, Asian and European private clients throughout the sale.”

A gold hunting cased perpetual calendar chronograph pocket watch (with phases and ages of the moon) by the Waltham Watch Co. from the collection (pictured), for example, sold for $266,500, five times its pre-auction estimate. That also set a world record for an American watch and a record for a watch by the American Waltham Watch Co.

Another piece from the Time Museum collection was a rare brass Persian astrolabe (circa 1780) by Muhsin ibn Muhammad. It went for $206,500.

Two modern pieces by Breguet—a platinum perpetual calendar tourbillon 250th anniversary wristwatch and a Sympatique No. 2 eight day gilt bronze annual calendar timepiece—went for $350,000 and $212, respectively.

Caption: This Waltham Watch pocket watch set a new world record at Sotheby’s Oct. 17 watch auction.

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