Heading into this auction season, there was no watch that snared my attention more than this prototype Patek Philippe Aquanaut offered by Antiquorum. The watch kind of had everything – tons of interest, more than a little intrigue, and a lot of traits that would make it a near-perfect storm for today’s collectors. I spent the last few weeks asking basically anyone who would weigh in what they thought of it, and you can read all about my findings here. The TLDR version is simple though: There was no clear consensus and people I trust said everything from “this will be the watch of the May 2019 auctions” to “it’s a fake and I’d never tell someone to bid on it.” I honestly had no idea whether it would sell for big money or pass altogether.
Well, today we got a bit of clarity, with the watch selling for a total of CHF 401,000 (approximately $396,000) just after 6:30 PM CET as Lot 726. There was about 15 minutes of bidding before the hammer dropped at CHF 330,000, with most of the bidding after CHF 100,000 coming from two people (I was watching online, so I don’t know exactly who they were). Remember, the estimate on this was CHF 50,000-80,000, so that’s an over-performance of more than eight times the low estimate. As far as I’ve seen, this is the first watch this weekend to go crazy like that.
from Best Watches For Men http://bit.ly/2WFfyv4