The Best Watches from Fortuna's No-Reserve Auction

Auctions

On Tuesday, July 9, Fortuna Auction hosted a “No-Reserve Watches” Auction, featuring 106 lots. Usually, lots offered at auction have a “reserve price” and if the final bid doesn’t meet or exceed that price, the lot will be pulled. Since all these watches had no reserve prices, they were all going home with someone new by the end of the night, like a puppy at an adoption center event. Let’s take a look at a few of the watches that sold.

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Watches of Knightsbridge Summer 2019 Auction Preview

Auctions

Sure, Watches of Knightsbridge has its monthly online auctions, which often have some nice watches in their own right. But a few times a year, they offer a larger platform, hosting a live auction in their native London. The next live auction is July 20’s Fine, Rare, and Collectible Timepieces, featuring 217 lots. There are three Rolex Submariners on the catalog cover, which might hint at the general theme of this auction. Let’s take a look at a few of the best watches up for auction.

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Bonham's Summer 2019 Vintage Wristwatches Online Auction

Auctions

Bonhams is hosting a number of wristwatch auctions this summer, but the most lots are on offer in its two-part “Vintage Wristwatches from a Private Collection”. Part 1 ended on June 27, while Part 2 is open until July 3. There are no headliner grabbers here, just some decent, honest watches that will all likely sell for under $5,000 to $6,000. The auction is full of Movado, Omega, Universal Geneve, and Vacheron — the collector here seemed to know what he or she liked, and went in deep. There’s also a lot of gold watches, with some exceptions (which I’ll highlight below).

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Watch Auctions: Calendar for the Second Half of 2019

Just for Fun

Lately, I’ve noticed that there seems to be a real lack of watch auction coverage around the internet. When I wrote my preview of Christie’s spring 2019 auction, there wasn’t much else out there covering the offerings at Christies, or the competing spring auctions from the other large auction houses, namely Sotheby’s and Phillips (I even tried to cover Antiquorum’s auction in our weekly newsletter because it seemed like no one else was). Sure, the sale of Andy Warhol’s Rolex garnered some headlines, but that’s little more than clickbait.

Say what you want about watch auctions, but they still bring some much-needed transparency to the market, help identify and define trends, and help advance scholarship, especially on rare and unique watches. And on a selfish level, learning about watches up for auction forces me to take the time to understand these new pieces and argue why one is worth highlighting in an article over another.

So, I’ll be making a concerted effort over the rest of the year to cover all the watch auctions I have time for. The first step in this is gathering up all the auctions from the various houses to make sure they’re on my radar for the second half of 2019

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