A Patek Philippe Gondolo caused a stir in the Luxury Watch Sale in Birmingham. The watch sold for a full price of £16,588.

Lot 77 in the sale on Monday 18th October, it had an estimate of £8,000 - £12,000.

Gondolo History

Named after Gondolo & Labouriau – the retailer from Rio de Janeiro – Gondolo watches are some of the most beautiful in all of horology.

Patek had a strong relationship with Gondolo & Labouriau for fifty years, stretching back to the 19th century. When Europe faced the prospect of a World War, Gondolo & Labouriau retailed close to a third of the entire production of watches for Patek Philippe.

Starting off creating Gondolo pocket watches, Patek designed Gondolo wristwatches from the 1920s which quickly became highly coveted.

Cases on the wristwatches came in different shapes – ranging from round to square or rectangular. The timepieces were known for being exuberant and original.

The watch in our sale had a reference 5124J-001. It sported an 18ct yellow gold case with an exhibition case back.

There was also a silvered dial with arrowhead hour markers and an Arabic numeral twelve. Its case size was 33mm and a box with papers was included with the purchase.

The Auction

The October Luxury Watch Sale was our last flagship watch auction of the year. Showcasing over 200 timepieces from world-renowned brands, the unmissable auction saw a huge demand.

Customers could bid using various methods – including in the room, other the phone, commission bidding or live internet bidding.

Steven Yambo, Senior Specialist from the Watch Department at Fellows, said: “The Patek Philippe Gondolo watch is simply stunning to look at. It is undoubtedly one of the most beautiful watches we have offered this year.

“With the watch being in a good condition, and box and papers included, it is no surprise we saw a lot of bids for the Patek in our final Luxury Watch Sale of the year.”

Valuations

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The process is simple, so you can get a valuation now:

Fill in a form online. In addition, you can book an appointment to visit our offices in Birmingham and London. Moreover you can book a virtual valuation appointment.