UPCOMING AUCTION

DECEMBER 2018 IMPORTANT WATCHES

Thursday, December 6, 2018 at 2pm EST     |      New York City

EXHIBITION DATES

November 27-December 5

Weekdays 10:30AM – 5PM

Weekends 12PM – 5PM

LOCATION

The Fortuna Showroom

608 5th Avenue, Suite 507

New York, NY 10020

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CONTACT INFORMATION

Sales Specialist

George Callan, Senior Jewelry Specialist

(212) 389-9040, ext. 106

condition@fortunaauction.com

Bidding Services

Maria Saxon, Director of Auction Operations

(212) 389-9040, ext. 103

bids@fortunaauction.com

WE INVITE YOU TO CONSIGN

If you are interested in selling your jewelry or watches in an upcoming auction, please contact our office to schedule an appointment with one of our specialists. We are always happy to assist.

P: (212) 389-9040

E: valuation@fortunaauction.com

  • Auction of Important Watches on December 6, 2018
  • Featuring a rare 1976 Omega Speedmaster Apollo-Soyuz, one of only 500 pieces ever made
  • Fine watches by the major watch houses and brands of the world, including Rolex, Patek Philippe, Omega, and more.

NEW YORK, NY—On December 6, 2018 at 2PM EST, Fortuna will host the Important Watches auction in its 5th Avenue showroom. The auction presents an exciting collection of vintage and contemporary timepieces from the most respected watch houses and brands of the world, ranging from Rolex, Patek Philippe, Omega, and more. Highlighting the sale, is an exceedingly rare 1976 Omega Speedmaster Apollo-Soyuz, one of 500 limited edition timepieces especially created to commemorate the first joint U.S.A. and Soviet space flight. Omega Speedmasters have long been known for its strong association with NASA and the moon landing, being the only watch to pass NASA’s rigorous testing for flight qualification. Thus, while nearly every Omega Speedmaster is undoubtedly a fine piece of machinery, this particular model marks a significant point in history—the beginning of the end of the Cold War.

In other vintage watch highlights, an original Blancpain Fifty Fathoms MILSPEC I from the 1950s will be available for auction. It is widely considered to be the first modern dive watch, and like the Omega Apollo-Soyuz, this watch is a true testament to mankind’s history as daring explorers. In the times before computers and advanced diving equipment, Captain Robert Maloubier and Lieutenant Claude Riffaud, commanders of the French Combat Diving School, found that there were no watches suitable for the needs of their elite dive soldiers. They drafted some requirements for an ideal dive watch and went to various companies, all of which declined, believing it would be unwise to invest in such a niche market. However, Blancpain CEO Jean-Jacques Fiechter was an avid diver and took on the project with commanders Maloubier and Riffaud. The result was a pioneer in all tool watches, equipped with innovations that would influence all other dive watches to come. It was the first watch to introduce a unidirectional rotating bezel, allowing divers to easily keep track of the elapsed minutes underwater. Some model variations, like the one Fortuna will offer in December, even featured a color-changing humidity indicator on the dial that could alert the diver of a breach in the case’s seal. The watch was first released in 1953 with only about 1000 pieces ever made, and is quickly becoming one of the most desirable watches among vintage collectors. It will be offered for an estimated $40,000 – $60,000.

For the experienced Rolex collector, the sale also features a strong selection of iconic Rolex timepieces—most notably a circa 1966 Rolex Daytona Ref. 6240. Of all the vintage Daytona’s, the reference 6240 is a particularly interesting one. It was the first Daytona to feature screw-down pushers for enhanced water resistance and bear the inscription “Oyster” on the dial. Initially created as a prototype, the Daytona Ref. 6240 was produced in very limited quantities, which has added significantly to its collectability and value. Rolex Daytona’s from the 1960-1970s continue to be the stars of the vintage watch world. Their prices have climbed significantly in the recent years, often achieving over four times the retail price of modern Daytona models at auction. The particular example Fortuna will offer in December is in immaculate condition, virtually untouched over the years. The iconic timepiece is estimated to sell between $40,000-$60,000.

 

Stay tuned for the upcoming online catalog. If you would like to be notified when the sale is online, please click here.

 

We Invite You to Auction!

We are always accepting consignments for upcoming auctions. Please contact our office or fill out our web form for a complimentary auction appraisal of your jewelry and fine watches. Our specialists are always available to discuss the sale of a single item or an entire collection.

For more information, please contact us at:
P: (212) 389-9040

E: jewelry@fortunaauction.com or watches@fortunaauction.com

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