Watches Archives -

Patek Philippe: Luxury Watch Manufacturer

in Designer Spotlight / Watches

Many of today’s luxury watch brands were founded hundreds of years ago by master watchmakers. Patek Philippe is one such brand, prized by serious collectors worldwide for the precision and artistry of its pieces.

Who Is Patek Philippe?

The Patek Philippe brand of watches was founded by two master watchmakers—Antoni Patek and Adrien Philippe. Their combined last names form the brand name familiar to collectors today. The company launched in 1851 when the first Patek Philippe watches were displayed at the Great Exhibition in London.

The Great Exhibition was dedicated to the most modern and exciting inventions of that era. Patek Philippe watches were innovative, with gadgetry and gears new to the world of watches. Today, Patek Philippe is still known for modernity as well as elegant styling and quality.

*Patek Philippe Ref. 5040J-014 Perpetual Calendar in 18K Gold. Achieved $23,750 at auction.*

Ulysse Nardin Limited Edition Anchor Tourbillon

Ulysse Nardin Anchor Tourbillon Limited Carbon Dial in 18K White Gold.

Fortuna is excited to bring to auction a rare timepiece and marvel of horological innovation: the Ulysse Nardin Anchor Tourbillon Limited Carbon Dial in 18K White Gold. Conceived as a series of traditionally styled watches equipped with Ulysse Nardin’s proprietary mechanical movement and Anchor escapement, the timepiece is complete with an impressive tourbillon and 8-day power reserve, as well as unmatched craftsmanship and years of research behind the ingenious use of silicon in the movement. The carbon fiber dial adds a lot of depth and is nicely contrasted by the silver printing. The 44mm case also guarantees a handsomely grand presence on any wrist.

A closer look at the Anchor Tourbillon, the result of cutting edge innovation at Ulysse Nardin.

The real marvel behind the Ulysse Nardin Anchor Tourbillon watch is the Anchor escapement, a marriage of the best of watchmaking past with the technology of the future. Made by dedicated watchmakers and nanofabrication engineers alike, the Anchor escapement consists mostly of silicon parts, an unconventional material in the world of luxury watch making, but its resistance to magnetism and ability to be manufactured to a level of accuracy only possible with nanotechnology makes it the ideal material for horologists.

Billie Holiday’s Diamond Watch Comes to Auction!

in Discover / Watches

Fortuna is excited to auction a piece of American music history in our July Jewels & Watches sale—a dress watch owned by none other, than Billie Holiday. The Art Deco diamond-covered watch is set on a platinum bracelet with a silvered dial with Arabic numerals, and promises to be one of the most coveted pieces from our exciting sale.

*Billie Holiday Fine Diamond Watch in Platinum*

Billie Holiday was one of the greats, her contributions to jazz and swing music are as important vocally as they are socially. Billie, born Eleanora Fagan, had all the odds stacked against her since childhood. Born as the illegitimate child of two African American teens in Philadelphia in 1915, Billie would fight off every adversity imaginable. Her father left her and her mother when she was very young to pursue a career in jazz, so she was left to be raised by her mother and grandmother. Billie was moved to Harlem, New York at just 14 where her mother worked in a brothel, and Billie suffered as a victim of sex trafficking. Both she and her mother were subsequently sent to prison.

Special Rolex Daytona Dials

in Watches

Rolex was the official timekeeper of the car races in Daytona, Florida for the first time in 1962. One year later, the company launched its Cosmograph Reference 6239, a chronograph watch that evolved into the Daytona we all know and love today.

Many celebrities and watch collectors, including actor and racer Paul Newman, have been big fans of the Daytona. These watches were created specifically for car racers and have undergone many different styles in their 55-year history. And in the time before Rolex was completely vertically integrated in their production, vintage Daytonas are chockfull of design inconsistencies that have set the vintage watch world abuzz. We’ve put together a small list of some of our favorite Daytona dial variations that have grown significantly in value over the years.

Richard Mille RM-07 Ladies’ Watch in 18K White Gold | December 2019 Important Watches

in Discover / Video Highlights / Watches

One of the highlights in our Important Watches auction, this sublime, nearly mint condition, Richard Mille RM-07 Ladies’ Watch in 18K White Gold was offered for an estimated $50,000 and achieved $93,750, more than tripling its starting bid. Richard Mille is one of the most desired and groundbreaking modern watch brands. Their watches are iconoclastic in design, use manufacture movements and have been popularized by countless style icons, celebrities, and professional sports players.

Rolex Daytona “Paul Newman”: What It Is and Why It’s So Valuable

in Discover / Watches

Paul Newman’s Rolex Daytona is something of a legend in the watch community. Newman’s iconic wristwatch singlehandedly saved an entire series of Daytona watches, before setting records itself when it sold. In a high-profile auction, the 1968 Oyster Cosmograph Daytona Paul Newman wore over the decades sold for $17.5 million, setting the record for the highest price ever recorded for a wristwatch to date.

Not only is the original watch Newman wore highly valuable, but it has also raised the value of similar models of Daytona watches. As an example, a watch of the same reference number as Newman’s Daytona recently sold for $275,000 at auction.

Who Is Paul Newman & Why Is the “Paul Newman” Daytona So Valuable?

Paul Newman, the famous American actor and philanthropist, starred in classic films like Butch Cassidy and the Sundance Kid, The Color of Money, The Sting and Cool Hand Luke. Many people know him for his movies, but he also put his stamp on history as a professional race car driver and getting a collection of Rolexes to carry his namesake.

Cartier Crash Watch 1991 Limited Edition | December 2019 Important Watches

in Discover / Video Highlights / Watches

The Cartier Crash is one of the most iconic watches made by the legendary jeweler. The original Crash was made by Cartier craftsmen in the UK after seeing a colleague’s watch that was badly melted in a car accident. The resulting Crash reminded many of Salvador Dali’s surrealist watches in one of his most well known works, “The Persistance of Memory,” and a legend was born that is associated with the “Swinging London” of the 1960s.

Rolex Daytona “Paul Newman” Ref. 6239 | December 2019 Important Watches

in Discover / Video Highlights / Watches

The Important Watches collection is led by an exceedingly rare and fresh-to-market Rolex Daytona “Paul Newman” Ref. 6239, known amongst watch enthusiasts as the most desirable and valuable vintage sport watches. It will be offered for an estimate of $150,000–$250,000 at auction. Famously worn by the actor and race car enthusiast, the watch has become just as legendary as the man who it is associated with.

Building Your Ultimate Watch Collection - Special Interview with Greg Selch and Eric Wind

Building Your Ultimate Watch Collection, with Greg Selch and Eric Wind

in Media / Watches

We here at Fortuna Auction are excited to present a special interview with Greg Selch and Eric Wind, both established watch collectors who have grown very successful in their hunt for vintage watches of significance. We hope that all collectors, new or experienced, will find their tips and tricks in finding the perfect vintage timepiece particularly insightful.

Fancy Intense Blue Diamond Ring- Fortuna Fine Jewelry and Watch Auction NYC December 2018 Magnificent Jewels

Fortuna Breaks Major Ground with Biggest Sale Ever—Selling $4 Million in Jewelry and Watches

in Announcements / Watches

NEW YORK, NY—Fortuna’s highly anticipated three-part winter auction series took place on December 6-7, 2018, achieving a total sale revenue of around $4 million USD. The auctions offered an exemplary collection of jewelry and watches from the most prestigious makers in their craft, including Cartier, Van Cleef & Arpels, Tiffany & Co., Rolex, and Omega.

Highlighting Fortuna’s first sale of the season, Session One: Magnificent Jewels, was an exquisite 3.05ct Fancy Intense Blue diamond ring. Naturally occurring blue diamonds are found in less than 0.02% of all diamonds mined and are one of the rarest gemstones in the world. This particular blue diamond ring was consigned by an important Asian collector and exhibited a gorgeous and vibrant blue hue that is rarely seen, even among blue diamonds. After a round of tense bidding that had the auction floor buzzing with excitement, the ring achieved $1,395,000, selling to a phone bidder.

In addition to colored diamonds, Magnificent Jewels also featured an exquisite assortment of rare estate jewels and signed pieces spanning many historical style periods. Of the many jewelry highlights, a stunning Art Deco Cartier sapphire and diamond bracelet truly evoked the classic glamour that is characteristic of the Roaring Twenties era. The piece achieved $76,800 USD against a pre-sale estimate of $60,000-$90,000.