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Christie's 2012 First-Half Results Shows Increase in Fine and Rare Watch SalessharetweetshareMuch in the world's economy can always maintain the doldrums, but the secondary sell for fine timepieces is apparently in top condition. Christie's, the earth's leading auction house, recently reported an increase in global sales for fine, rare and unique replica watches. Pointing to rare timepieces as being a sound investment, Christie's posted a five percent rise in revenue from watch sales alone, topping off of the first half 2012 at $62.9 million.  Of that top 10 watch sales from the first 50 % of 2012, Christie's reports that half shattered major auction records currently. Some of these milestone timepieces were from Patek Philippe, including two pieces one a close look and yet another a pocketwatch that depict a atlas of the United states continent for their cloisonne enamel dials.The pocketwatch (Lot 1388_87, Patek Philippe Reference 605) is definitely an 18k gold keyless watch, 44 mm in diameter, containing mechanical Caliber 17"'170, with 18 jewels. They have applied gold baton and dot numerals, stylized gold hands, an outer ring with black enamel names of 40 world locations, along with a rotating black and silvered ring, calibrated to the Arabic diurnal and nocturnal 24 hours, in the center. The watch includes a coin-edge bezel and a snap-on caseback. Manufactured in 1950, the watch is signed on the case, dial, and movement. In a final selling price of $741,960 (estimated at $220-$440,000), it set your global record price due to this reference at auction.The similarly designed 18k gold wristwatch (Lot 1388_88, Patek Philippe Reference 2523) was developed in 1955, features two crowns (one at 9 o'clock is needed to alter the entire world time function), and has Caliber Cal. 12-400 HU, and that is stamped twice using the Geneva Seal. The outer silvered ring on the cloisonne enamel dial displays names of 42 world cities. The truth is 35.5 mm across and has now faceted lugs plus a snap-on back. True, dial, and movement are signed. This watch also set a world record price to the reference: $2,992,680 after an estimate of $1,800,000 to $2,800,000.Another record-setting Patek Philippe world-time wristwatch with two crowns, an 18k gold, 36-mm-diameter Ref. 2523/1, fetched not simply the highest price ever with the reference breitling replica swiss , but also the highest for virtually any wristwatch ever sold at Christie's New York. The watch (Lot 2568-97), produced in 1963, provides the Caliber 12-400 mechanical movement, with 18 jewels and replica rolex double-stamped using the Geneva Seal. Its silvered matte dial features a central time zone with applied baton numerals; a rotating, central two-tone, day-night 24-hour dial; along with an outer rotating silver dial engraved with 41 cities adjusted with the crown at 9 o'clock. Estimated at $700 watches ,000-1,200 audemars piguet ,000, it fetched a final selling price of $1,022,500.Christie's also set records that has a unique Patek Philippe pocketwatch that features not only a closionne enamel caseback cover (in such a case depicting a miniature illustration of a mosque by artist Suzanne Rohr) however a minute repeater, perpetual calendar, and split-seconds chronograph. Reference 804 (Christie's Lot 1388_186), within a 50-mm gold case, contains Cal. 16"', with 40 jewels along with a minute repeating system with two hammers striking two gongs. It features a silvered matte dial with applied gold baton numerals and four subdials to the date, 30-minute chronograph counter, month, day, moon-phase, and running seconds. The snap-on back features the painted polychrome enamel miniature, "The Mosque," signed and dated because of the artist "S. Rohr 1974." The repeater is operated by a slide within the caseband, and also the split-seconds chronograph mechanism by one button from the band then one inside crown. One other standout of Christie's first half of 2012 is a rare, early nineteenth-century Breguet & Fils 18K gold pocketwatch (Lot 1388_230) with two movements. Purchased from Geneva, it set a world-record price for any Breguet watch sold at auction $4,686,120 after a quote of $880,000 to $1,500,000. This Breguet timepiece, sold in August 1814 to a Mr. Garcias in london for your amount of 5,000 francs, is 63.7 mm in diameter and it has a 26"'gilded brass movement with two complete mechanisms contained inside area of just one plate, both with going barrels. The movement is fully jewelled with straight-line calibrated lever escapements with divided lift and straight pallets; banking contrary to the escape wheels arbor; draw, bimetallic steel/platinum compensation balances; gold and platinum screws; pare-chute suspension for pivots; and blued-steel Breguet free-sprung balance springs.The watch incorporates a glazed cuvette, an engine-turned silver dial, two small subdials for your mean time. The left subdial has Arabic suspended numerals, an outer minute track and yellow-gold Breguet hands; at 12 o'clock in this particular subdial is a smaller subdial for that seconds. The proper subdial has Roman numerals, an outer minute track and blued steel Breguet hands. The central seconds hand is of blued steel. The round "forme quatre baguettes" case includes a chiseled caseband, a ball-shaped pendant as well as a round bow. The dial is signed along with the case is numbered 2667.What is the news on increased watch revenues came together with Christie's announcement of that worldwide sales with the first half of 2012, which totaled $3.5 billion, a boost of 11 percent over the same period not too long ago.Receive all the news, features and reviews from WatchTime without cost! Sign nearly our free weekly newsletter and get every one of the news brought to your inbox.sharetweetshare