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Press Release: Heuer Sale

03.16.17

PRESS RELEASE

 

Phillips, The Leading Watch Auction House Dedicated To

Highest Quality Timepieces, Announces:

 

The Crosthwaite & Gavin Collection:

Exceptional Heuer Chronographs From The Jack Heuer Era

 

An Important, Thematic Auction Taking Place In Geneva On November 11, 2017

Comprising 49 Of The Finest Vintage Heuer Timepieces, Including An Exceptional And Complete Example Of A First Execution Ref: 2446 Autavia

 

Along With

The Sale Of A Commemorative Tag Heuer Autavia

Specially Made By The Renowned Swiss Watch Manufacturer For This Event

 

GENEVA – 16 MARCH 2017 – Phillips in Association with Bacs & Russo, is proud to announce its first themed sale dedicated to Heuer, with The Crosthwaite & Gavin Collection. This landmark thematic auction, to take place in Geneva in November 2017, will offer 49 of the finest and best-preserved collectible Heuer chronographs produced between 1962 and 1982 – known to the community as the ‘Jack Heuer Era’.

 

Phillips is pleased to present this world-class collection, gathered by the renowned collectors, authors, and respected authorities on vintage Heuer: Richard Crosthwaite and Paul Gavin. Well known throughout the Heuer collecting community for their unsurpassed knowledge and eye for detail, their collection comprises some of the rarest and most important collectible Heuer models in existence.

 

Based in the UK, Crosthwaite and Gavin have been friends for over a decade. Their love and passion for vintage Heuer has culminated in two books widely considered as the references for Heuer’s iconic Autavia and Monaco models: the first, „Heuer Monaco, Design Classic” and the second, „Heuer Autavia Chronographs 1962-85”. A third book dedicated to the Carrera model will be published by the duo in the spring of 2017.

 

Illustrating the importance of the collection to be offered, many of the watches featured in these books will be offered during this thematic sale.

 

Since its founding in 1860, Heuer was a specialist in the manufacture of chronographs. Robustly designed, purpose-built, and superbly styled, vintage Heuer timepieces appeal to both seasoned watch enthusiasts and ardent sports car aficionados. With the rise in published scholarship thanks to books such as those from Crosthwaite and Gavin, the greatness of the brand has been further uncovered in recent years. Accordingly, the Heuer collector community is larger and stronger than ever, with multiple, recent world record results for the brand’s watches achieved in sales such as the May 2016 thematic „START STOP RESET: 88 Epic Stainless Steel Chronographs” sale held by Phillips.

 

The 49-piece collection comprises the iconic Autavia, Carrera, and Monaco models, including a complete, Ref: 1133B ‘Steve McQueen’ Monaco so called „no lume dial”; and a complete, new old stock example of one of the most coveted of all Monaco models, the ‘Dark Lord’ reference 74033N made in 1975.

 

Paul Maudsley, International Specialist-Director comments, „It is truly an honour to be entrusted with this stunning collection of Heuer chronographs from such an evocative era of the brand's history. Having known both collectors for many years and witnessed their attention and eye for detail in sourcing only the finest and rarest examples of legendary Heuers, this special auction will be a fitting tribute to their passion and dedication for collecting, whilst also bringing joy to the many new custodians of their special watches.”

 

Aurel Bacs, Senior Consultant states, „It is my absolute pleasure to offer what is, without any doubt, the finest collection of vintage Heuer watches to come to the market in recent years. Comprised of some of the rarest and best preserved examples of Heuer’s iconic models, Richard Crosthwaite and Paul Gavin’s superb taste, collecting discipline, and masterful curation are reflected brilliantly in the collection we are thrilled to present this fall.”

 

Finally, the very first example of a commemorative, limited edition Autavia model, number 1 of 1932, crafted by Swiss watch manufacturer TAG Heuer, will be presented at the 11 November auction. This special watch not only commemorates the 55th anniversary of the Autavia’s launch, but also celebrates the 85th birthday of Jack Heuer, the honorary Chairman of TAG Heuer, and the great-grandson of the brand’s founder, Edouard Heuer. The proceeds of the sale of this exclusive timepiece will be donated to the SAVE THE CHILDREN charity.

 

Other highlights include:

 

A stunning and extremely rare „first execution” Autavia, reference 2446 chronograph made in 1962 with original guarantee and swing tag.

CHF 75’000-100'000

 

A highly coveted Autavia, reference 1163T 'Siffert Chronomatic’ made in 1969 in exceptional condition with original box and with original caseback sticker in place.

CHF 50’000-80'000

 

An exceptionally rare Autavia reference 2446 „first execution” 'Seafarer’ from 1963, retailed by Abercrombie & Fitch Co. - one of only three known examples.

CHF 25’000-35'000

 

A highly attractive and extremely rare Carrera reference 2447S 'Yachting' with unique, copper effect „tropical” dial.

CHF 12’000-18'000

 

ABOUT PHILLIPS IN ASSOCIATION WITH BACS & RUSSO

The team of specialists at Phillips Watches is dedicated to an uncompromised approach to quality, transparency, and client service, and as a result, in just two years since launching, achieved market leadership with sales of over $107 million in 2016. With multiple world records including the highest result ever achieved for a wristwatch sold at auction, Phillips became the undisputed worldwide market leader with just two selling locations – Geneva and Hong Kong – in 2016.

 

A selection of our recent record-breaking prices:

  • Patek Philippe reference 1518 in stainless steel – Geneva Watch Auction FOUR – 12 November 2016 (11,002,000 CHF / US $11,000,000) - Highest result ever achieved for a wristwatch at auction
  • Patek Philippe 2499 (19,720,000 HKD / US $2,538,000) – Hong Kong Watch Auction: TWO – 31 May 2016 - Highest result ever achieved for any wristwatch sold at auction in Asia
  • Rolex reference 4113 (2,405,000 CHF / US $2,453,000) – START-STOP-RESET - 14 May 2016 - Highest result ever achieved for any Rolex sold at auction

 

ABOUT PHILLIPS

Phillips is a leading global platform for buying and selling 20th and 21st century art and design. With dedicated expertise in the areas of Art, Design, Photographs, Editions, Watches, and Jewelry, Phillips offers professional services and advice on all aspects of collecting. Auctions and exhibitions are held at salerooms in New York, London, Geneva, and Hong Kong, while clients are further served through representative offices based throughout Europe, the United States and Asia. Phillips also offers an online auction platform accessible anywhere in the world.

 

Visit www.phillips.com for further information.

 

*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.

 

PRESS CONTACTS:

GENEVA - Asta Ponzo, PR Consultant                                                       aponzo@phillips.com              +41 799618566

LONDON - Katie Carder, Press Manager, EMEA                                       kcarder@phillips.com              +44 20 7901 7938

 

HEADQUARTERS: LONDON - 30 Berkeley Square, London W1J 6EX | NEW YORK - 450 Park Avenue, New York, NY 10022

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