Monaco Legend Group’s autumn watch sale saw 94 percent of lots selling across the three sessions over the weekend of October 21 and 22 at The Meridien, Monte-Carlo.
Co-Chairman Davide Parmegiani was delighted with the result, saying: “The weekend was another wonderful opportunity for collectors and friends to get together in Monaco and enjoy our wonderful sale. I believe that, yet again, we were able to demonstrate the unwavering strength of the market for rare and important watches. This is a testament to the fact that quality is still very important to the market and the continued passion of collectors worldwide.”
Cartier Magnum Tank
Among the many highlight lots was a Cartier Magnum Tank, which sold for €415,000. A rare and unique Cartier wristwatch with an Audemars Piguet movement, which was last seen at auction in 1989 and then was in a private collection for nearly 35 years. This exceptional timepiece showcases the collaboration between Audemars Piguet and Cartier in the 1950s and 1960s, with distinctive unique features like a white pearl on the winding crown, making it a testament to their joint efforts to cater to special customers.
Patek Philippe Square Shape
A Patek Philippe Square Shape Wristwatch in Platinum sold for €754,000. This square-shaped platinum Patek Philippe wristwatch from the 1920s, featuring a “centre seconds” movement and charismatic Art-Deco design. Previously featured in a vintage watch collector’s book, it represents a significant early example of Patek Philippe’s custom creations for special clients and stands as one of the most beautiful and prestigious Art-Deco Patek Philippe timepieces ever made.
Patek Philippe Calatrava 530
The Patek Philippe Calatrava 530 with black glossy dial and gold Breguet numerals sold for €806,000. An exceptional Patek Philippe 530 with a rare stainless steel case and a black gilt lacquered dial featuring yellow-gold “Breguet” numerals. This watch hails from the collection of John Goldberger, as featured in his book “Patek Philippe Steel Watches” and is confirmed by an Extract from the Archives.
Monaco Legend Group Co-Chairman Claude Cohen said: “We had bidders competing both in the room and across the world online, highlighting the credibility Monaco Legend Group is achieving on the global stage of watch auctions. I am very happy that we achieved such a strong result, which was only possible with the hard work of our whole team.”