WATCH OUT DUBAI
CHRISTIE’S TO RE-INTROUDCE WATCH SALES
IN REGION THIS OCTOBER
Dubai – From this October, Christie’s Dubai will be re-launching their successful Watch sale, the only auction in this category to be held in the region, as part of their regular sale season. Breguet, Patek Philippe, Piguet, Bulgari, Chopard, Cartier, IWC, Rolex, Tag Heuer are among the brands represented by the 48 pieces to be offered with estimates from $1,000 to $80,000. With a combined value of around $1 million, the sale will be held immediately after the Part I sale on the evening of 29October.
Frederic Watrelot, Christie’s watch specialist in Dubai, commented: “The sale is a response to repeated requests from clients in the region for Christie’s, the international market leaders in this category, to re-instate the successful watch auctions here in Dubai. Reflecting the taste of our Middle Eastern collectors, we have kept the sale small but perfectly formed, concentrating on leading brands at attractive prices.”
Michael Jeha, Managing Director Christie’s Middle East, commented: “We made a strategic decision to hire a regionally-based specialist 15 months ago, mirroring the successful formula we follow for our art sales. This ensures that Christie’s are able to source the best pieces available and understand the specific needs of our regional client base. We are delighted to re-introduce this additional sale category to our Middle Eastern sales.”
- Christie’s inaugural Part III Middle Eastern Art sale (online-only) will be open for bidding from 24 October to 11 November 2013
- Christie’s auction of Modern and Contemporary Arab, Iranian and Turkish Art, takes place at the Jumeirah Emirates Towers Hotel on Tuesday and Wednesday, October 29 & 30, 2013, at 7.00pm
- Christie’s Watch sale will take place on Tuesday 29 October at 8.00pm
PRESS CONFERENCE AND VIEWING TIMES:
- Press Conference and Viewing: Sunday 27 October at 11.30am
- Viewing is open to the public at the Jumeirah Emirates Towers Hotel:
Sunday 27 October: 2pm to 10pm
Monday 28 October: 2pm to 10pm
Tuesday 29 October: 10am to 1.30pm (selected lots)
Wednesday 30 October: 10am to 12noon (selected lots)
- For catalogues and further information, please telephone +971 4425 5647
View our short film about Christie’s in the Middle East:
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Christie’s, the world’s leading art business, had global auction and private sales in the first half of 2013 that totaled £2.4 billion/ $3.68 billion. In 2012, Christie’s had global auction and private sales that totaled £3.92 billion/$6.27 billion making it the highest annual total in Christie’s history. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie’s has since conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the beautiful. Christie’s offers over 450 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie’s also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War and Contemporary, Impressionist and Modern, Old Masters and Jewellery. Private sales totaled £465.2 million ($711.8 million) in the first half of 2013, an increase of 13% on the previous year, and for the third successive year represents the highest total for the period in both company and art market history. Christie’s has a global presence with 53 offices in 32 countries and 12 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, Shanghai, and Mumbai. More recently, Christie’s has led the market with expanded initiatives in growth markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai.
*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.
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