Thu, Oct 23, 2014
Christie’s sale of Important Watches in Dubai, UAE, made a record total of $3.31 million and, with 152 lots, was the largest ever held in this category in the Middle East.
The top lot at yesterday’s sale was Harry Winston’s Histoire de Tourbillon No. 1, launched in 2009 and crafted with 88 components which sold for $293,000 to a private Middle East buyer.
Another very rare Harry 18-carat white gold limited edition bi-axial flying tourbillon wristwatch with day and night indication sold for $161,000, also to a private Middle East buyer.
The last lot of the sale was an F P Journe Chronomètre Bleu Byblos offered by Claude Sfeir to benefit the Rashid Centre for Disabled in Dubai which sold for $120,000.
Bids were received online from around the world including Macau, Taiwan, America, the UK and China. This season’s sales saw the highest volume of bids online than ever before.
The Dubai watch sale total of $3,316,625 saw an increase of 120 per cent since its relaunch last year.
Overall, Christie’s 17th sale season in Dubai - comprising the sale of Modern and Contemporary Arab, Iranian and Turkish Art yesterday and the Important Watches sales - totalled $15.82 million.
This was the highest annual sale total for Christie’s Dubai since 2010.
The sales were 94 per cent sold by lot, an indication of the continuing strength of the market with interest from collectors around the world, the company says.
Of those collectors who registered to bid across the sales, 25 per cent were new to Christie’s.
The sales of Middle Eastern art continue online at www.christies.com/dubaionlineonly until October 30.
Michael Jeha, Managing Director for Christie’s in the Middle East, says: “There was global participation in our sales this week, consolidating Dubai’s position as one of Christie’s major global selling centres. Next year will be our 10th anniversary here in Dubai and we look forward to another successful sale season next March.”
-
Sotheby’s Doha sale nets $7.5m
Wed, Apr 22, 2015 -
Leaf from ‘Blue Qur'an’ leads Islamic art sale
Wed, Apr 22, 2015 -
Indian warrior’s sword fetches $3.2m
Wed, Apr 22, 2015 -
Iraqi modern art sale sets record
Wed, Apr 22, 2015 -
Top art on offer at Sotheby’s Doha today
Tue, Apr 21, 2015 -
Islamic Art Week set to open
Mon, Apr 20, 2015 -
Rare watches to go on sale in Geneva
Sun, Apr 19, 2015 -
Tipu Sultan’s armoury up for sale
Sun, Apr 12, 2015 -
Rare Patek Philippe sets $461,000 Mideast sale record
Fri, Mar 20, 2015 -
Christie’s Dubai sale fetches $11.4m
Thu, Mar 19, 2015 -
Vintage jewellery goes on sale at Sotheby’s
Wed, Mar 18, 2015 -
Jameel Prize exhibition opens in Sharjah
Tue, Mar 17, 2015 -
‘Perfect’ diamond on show in Dubai, likely to sell for $25m
Mon, Mar 16, 2015 -
English football tombstone sells for $638,000
Wed, Mar 11, 2015 -
Rare antique weaponry collection for sale
Tue, Mar 10, 2015