Andy Warhol's Patek Philippe Hits the Block-and Other Hot Collectibles

Christie’s will auction a Patek Philippe timepiece from Andy Warhol’s collection on June 12, estimated at $200,000–$400,000. The watch is a midcentury Calatrava design, specifically the Patek Philippe Calatrava Ref. 570, described as chosen for horological integrity and quiet sophistication. It is a double-signed example carrying the signature of retailer Hausmann & Co. The watch was first offered in 1988 during a major sell-off of Warhol’s estate. Warhol’s Patek Philippe has also appeared at auction in 2021, selling for $150,000. Despite Warhol reportedly preferring a Rolex, the watch’s pedigree and cultural cachet remain highly desirable, supported by limited production and craftsmanship.

"One of the brand's signature midcentury designs, the "a piece chosen not for flash but for its horological integrity and quiet sophistication," Christie's senior specialist Patek Philippe Calatrava Ref. 570 coming from Warhol's trove is a double-signed example carrying the signature of storied retailer Hausmann & Co. It is Rebecca Ross told me."

"The watch was first offered at as part of the major sell-off of Warhol's estate in 1988. Held in April of that year, the 10-day sale . After the auction, another collection of more than 90 watches and jewelry was Sotheby'sraised $25.3 million by offloading more than 10,000 objects that Warhol had amassed inadvertently unearthed from a false-bottom drawer in one of Warhol's file cabinets. This final cache later brought in $1.6 million."

"In 2021, Warhol's Patek Philippe hit the block again at Christie's, realizing $150,000 against a high estimate of $95,000 (sale prices include fees; estimates do not). Though Warhol was never photographed wearing this Patek Philippe (he was reportedly partial to his Rolex), its pedigree and cultural cachet still make it a compelling lot, Ross noted."

""The market for historic Patek Philippe watches has strengthened significantly in recent years, driven by limited production, exceptional craftsmanship, and a growing global collector base," she said over email, highlighting the desirability of its double-signed di"

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