Sotheby's to Sell Treasure Chest of Luxury Watches

RAPAPORT... A private collection of more than 800 luxury watches will gounder the hammer at four Sotheby's auctions in London, Geneva, New York andHong Kong over the coming year and a half. The Masterworks of Time sale series comprises pieces from the last500 years that have been out of the public eye for a long time, Sotheby's saidrecently. The collection also encompasses clocks from the past 400 years. Allfour sales are expected to fetch $15 million to $27 million combined. "Assembled with a keen eye and tremendous knowledge, this isa truly unique collection, shaped by years of searching for the best examplesof their kind," said Daryn Schnipper, chairman of Sotheby's international watchdivision.  A platinum, pink-gold and enamel watch, made by A. Lange& S??hne for the 1900 Paris World Exhibition, will feature in the Genevasale, which will take place in November. Estimated at $900,000 to $1.2 million,it last appeared at auction in 1990. The Space Traveller I, a gold watch created by GeorgeDaniels in 1982 to commemorate the 1969 American moon landing, will go underthe hammer in London in July, for $900,000 to $1.2 million. The watch, whichDaniels made for himself and wore as a showpiece, was initially auctioned inGeneva in 1988, where it achieved CHF 220,000. A second version of thewatch, the Space Traveller II, sold at Sotheby's in 2017 for $4.3 million. A gold, enamel and diamond-set watch by Joehan Cremsdorff,created in Paris around 1650 will also be up for sale in London, valued at $900,000 to $1.2 million. The piecelast appeared at auction in 1986, where it achieved CHF 1.8 million, at thetime the highest price for any pocket watch sold at auction. The sales will take place between July 2019 and October2020. Image: The Lange & S??hne watch. (Sotheby's)