News & Insights

Jewellery & Watches in the Summer Fine Art Sale

20th June 2019.

The appetite amongst buyers for vintage and luxury watches at auction shows no signs of waning, and Tennants Auctioneers’ Summer Fine Art Sale on 13th July will certainly raise the pulses of collectors. Good mid-century vintage watches rub shoulders with luxury modern models and even a diamond-encrusted gem.

Rolex remains the name to beat in the collectable watch market, and examples in this sale include a rare 1958 Rolex Explorer, reference 5504, calibre 1530 (estimate: £6,000-8,000 plus buyer’s premium). Also on offer is a rare 1983 Rolex Submariner, reference 5512/5514 (estimate: £5,000-7,000 plus buyer’s premium), and a rare 1967 Rolex GMT-Master, reference 1675 with a distinctive ‘Pepsi’ bezel (estimate: £7,000-9,000 plus buyer’s premium). However, expected to lead the pack is a fine and rare 1979 Rolex Daytona – the so-called ‘Big Red’ (reference 6263/6265), estimated to sell for £25,000-35,000 (plus buyer’s premium). This desirable watch is made all the more interesting by the presence of the white Khanjar symbol on the dial – the national symbol of Oman. By repute, this watch was presented by the Sultan of Oman as a token of appreciation to a pilot who served in Oman. Sultan Qaboos Bin Said al Said collaborated with Rolex from the early 1970s to produce a number of Khanjar Rolex watches, which are now very rare to find, to be given in thanks for services to the Sultanate.

Amongst a selection of modern luxury collector’s watches is a Pasha De Cartier 32 Joaillerie white gold and diamond set watch. Encrusted with 246 round-cut diamonds, the watch was purchased from Cartier on the Dutch Caribbean island of Sint Maarten and is offered with an estimate of £40,000-50,000 plus buyer’s premium.  Also of note is a fine 18ct yellow gold Patek Philippe reference 5146J-001, offered with an estimate of £15,000-18,000 plus buyer’s premium.

The jewellery section of the sale will include a Private Collection of Jewellery from North Yorkshire; highlights of the collection include a Fancy Diamond Ring, featuring a light brown marquise cut diamond with spray clusters of pear cut diamonds (estimate: £10,000-12,000 plus buyer’s premium), a Platinum Diamond Solitaire Ring (estimate: £8,000-12,000 plus buyer’s premium), and a Diamond Bracelet comprising a double row of marquise, pear and oval cut diamonds (estimate: £7,000-10,000 plus buyer’s premium).

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Amongst period jewellery in the sale is an Art Deco Sapphire and Diamond Bar Brooch (estimate: £1,000-1,500 plus buyer’s premium), an early 20th Century Aquamarine and Pearl Pendant Necklace (estimate: £700-1,000 plus buyer’s premium), and a Chinese Apple Green Jade Pendant in a Platinum and Diamond Mount, c. 1930 (estimate: £800-1,200 plus buyer’s premium).

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