Christie's auctions have been known to offer some of the rarest and most exceptional watches. This upcoming auction is no exception. While the whole horological world seems to have their eyes set on the platinum Patek Philippe 2499 owned by Eric Clapton (estimate $2,683,456 - $4,293,529), I have my eyes set on a few other very interesting pieces being offered namely the...
Probably the highest resolution photo of the watch in question you'll find anywhere
Eric Clapton wearing the Patek 2499P
Actually during the middle of this post, after researching the 2499 a bit more, the LeCoultre Reverso from 1933 and the Paul Newman Daytona and the Double Red Submariner all seem to matter a lot less than the holy grail that is the 2499P. How could I not geek out about this watch?
At a basic level, the 2499 is a perpetual calendar and a chronograph cased in platinum. At the current market value (1,543 USD/oz) it's worth between 106.34 and 173.91 pounds (or 48 and 79 KG) of pure platinum. A perpetual calendar, while expensive, can be had new for around 10,000 dollars from the respectable Glashutte Original, and a column wheel chronograph from Longines starts at around 3,000 dollars retail. You could even buy this watch in yellow gold for around 300,000 at auction and have a life size platinum statue of yourself made!
Oval Buddha, Platinum plated. Takashi Murakami
So why would anyone on earth buy this instead of a statue that could inspire Shelly into writing Ozymadias? To get the absolute answer you'll probably have to find the anonymous buyer and ask him about it. I think it's fair to say that this watch is so valuable because of the rarity, the beauty, the history, and the craftsmanship - Things you will find in all exemplary watches.
Hodinkee has an excellent article about this watch along with a video
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