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2825 Sand Hill Rd
Menlo Park, CA, 94025

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Stephen Silver is renowned for our extraordinary ability to procure, design and handcraft the world's finest jewelry and gemstones.

The Stephen Silver Fine Jewelry Estate Collection includes some of the finest pieces from the Edwardian, Victorian, Art Deco, Art Nouveau, and Retro eras. Signed and period pieces are the company's specialty; many of which are from prestigious jewelry houses such as Cartier, Van Cleef & Arpels, Bulgari, Tiffany & Co., and Harry Winston.

The Stephen Silver Fine Jewelry Signature Collection exemplifies modern day luxury combined with old world elegance to produce true works of art. Exquisitely handcrafted in platinum and 18-karat gold, using only the very finest diamonds and colored gemstones, our Signature Collection is exceptional in quality and extraordinary in style.

Last Week's Auction Results Are In: Vintage Watches Pack a Punch

Watches

Last Week's Auction Results Are In: Vintage Watches Pack a Punch

Corey McCarthy

That watch on your wrist today may well be tomorrow’s grand windfall — especially if you own, or are buying, a watch that is a special edition, a specific genre or a certain brand name. We are in the height of the spring auction season that is affirming the ongoing love affair between collectors and certain pre-owned vintage timepieces. Here, we bring you a few of the highlights from each of the auctions.

philiips

At the Antiquorum auction of “Important Modern & Vintage Timepieces” held on May 10, an outstanding 6.5 million Swiss Francs worth of merchandise sold. Among the most intensely coveted items was the Patek Philippe Ref. 2499 Fourth Series, which had been retailed by Tiffany & Co. The two brands have shared a long history of collaboration spanning more than a century. This 18-karat yellow gold watch with perpetual calendar was the top lot (Lot 504) — selling for an exceptional $509,840.

patek 2499 100 may 2015

Photo courtesy of Antiquorum

The other hotly contested item was General Douglas MacArthur’s Jaeger-LeCoultre Reverso – a watch belonging to the Five-Star General and bearing his insignia on the reverse dial. Lot 359 claimed more than four times its original estimate, selling for $94,615.

MacArthur-JLC-back

Photo courtesy of Antiquorum

The following day, on May 11, Christie's “Important Watches” auction totaled sales of nearly $16.5 million. The top lot in this auction was a platinum Patek Philippe double-dial Sky Moon Tourbillon wristwatch with 12 complications, Ref. 5002P. Originally manufactured in 2006, the watch sold for $1,151,836 (Lot 136).

Rolex enjoyed its day in the sun, too, on May 9 in Geneva at the first-ever Phillips, in Association with Bacs & Russo, auction. In fact, this newly established auction house held two days of auctions — one devoted to the Rolex Day Date and the other devoted to different brands. The Rolex Day Date auction offered 60 rare examples of the brand’s most prestigious watch. Every lot in this auction was sold — to the total tune of $6,634,800. The highest price was paid for "Big Kahuna," one of only two known 6612 references made in platinum. It broke world records by fetching $507,865.

The Rolex Big Kahuna, photo (C) Phillips

The Rolex Big Kahuna, photo © Phillips

The following day concluded the Phillips two-day auction, which totaled $31.8 million in revenue. Top lots on this day included an extremely rare stainless steel Patek Philippe single-button doctor’s Chronograph, which sold for nearly $5 million – setting a new record price for a stainless steel wristwatch sold at auction.

If you are sensing a recurring pattern in the auction results of certain brands, it is important to take note that each of these auctions put hundreds of watches up for bid, and many were much more accessible brands that also sold well and fetched strong numbers.