At the August watch auction held by Fellows, a Lange-Saxon diamond watch sold for 10,000 pounds (about 88,000 yuan), becoming the highest-priced item.
Lange-Saxony diamond watch
Rolex watches also performed well, a Daytona Beach watch sold for 9,200 pounds (about 81,000 yuan), exceeding the highest estimate of 2,000 pounds before the auction, the watch with green chalcedony dial and green lizard leather strap. An Oyster Perpetual Date GMT-Master stainless steel watch was sold at a double valuation and was sold for 5,700 pounds (about 50,000 yuan). The watch was produced in 1968 and the bezel has faded.
Rolex Daytona Beach Watch
In addition to Rolex, the popular Breitling and Omega also achieved good auction results. An Audemars Piguet Royal Oak offshore chronograph (stainless steel case, black rubber bezel) sold for 7,100 pounds (about 63,000 yuan).
Collecting watches is not unique to millionaires. Fellows also offers Seiko watches from the 1970s, which are becoming more and more popular, starting at just 160 pounds (about 1410 yuan).
The Fellows September watch auction will be held on the 27th (Tuesday) at 11:00 am.