
Sotheby's September 18 Hong Kong Sale
Sotheby's "Important Watches" sale in Hong Kong on September 18 features a wide array of timepieces, including significant F.P. Journe models and a unique Cartier Cheich. The sale's extensive catalog presents a challenge for coverage, with a focus on identifying both high-value pieces and potential deals in the mid- and low-range market.
- Sale date: September 18
- Location: Hong Kong
The sale includes two limited edition F.P. Journe Tourbillon Souverain models: one in pink gold with a black mother-of-pearl dial (5 pieces) and another in platinum with a blue mother-of-pearl dial (15 pieces), both made for Sincere Fine Watches in 2005 and 20
A unique white-gold Cartier Cheich, inspired by the shape of desert scarves and the Paris-Dakar Rally, is estimated between $1 million and $5.1 million.
The author notes the difficulty of covering Hong Kong auctions due to the high volume of lots, which can include non-watch items like Hermès bags.
The article questions the sustainability of record auction prices for F.P. Journe, despite the brand's current market heat.
The author expresses frustration with the high prices paid for F.P. Journe accessories, such as pen sets and clocks, suggesting focus should remain on the brand's watchmaking.