On October 17, 2008 Sotheby's New York will hold a sale of Important Watches Including Property from the Time Museum comprising over 200 lots estimated to bring $4.5/6.2 million. The sale will feature a group of important Rolex and modern Breguet watches as well as an offering of Patek Philippe watches and nine pieces from the renowned Time Museum collection. The sale will be on exhibition at Sotheby's New York galleries beginning Sunday, October 12. Sotheby's is pleased to once again offer property from the The Time Museum, the finest collection of time finding and time-keeping devices in the world assembled by Seth Atwood, a businessman from Rockford, Illinois, over a period of thirty years.
This offering follows four previous sales held by Sotheby's in 1999 and 2004 of masterpieces from the Time Museum, which set numerous world records including the $11 million paid for the Patek Philippe “Henry Graves Supercomplication,” a record that still stands today. Highlights from the Time Museum offering include a Richard Good Triple Axis Tourbillon Marine Chronometer (est. $10/15,000), a technical marvel commissioned by Seth Atwood, intended for use onboard a ship, as well as an Open-Faced Quarter Repeating Automaton Magician's Watch (est. $30/40,000).
Source: Sotheby's
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