Live and Let Die watch brings $365,000 in Geneva auction

Miss Moneypenny

Miss Moneypenny

2015-11-11 09:34:35

The Rolex watch from the James Bond film Live and Let Die was amongst the most notable lots at a Phillips watch auction in Geneva last week.

Described as "the most recognizable watch in history", the Rolex Submariner was worn by Sir Roger Moore in the 1973 film, his first on-screen outing as '007'.

Created by Bond prop designer Syd Cain, the watch featured two of the most memorable gadgets from the entire film series: a spinning buzz-saw to cut through ropes, and a powerful magnetic field, which could both deflect bullets and undo dress zippers at the flick of a button.

The iconic screen-worn watch was offered with an estimate of $150,000-$250,000, but sold for a final price of $365,000.
Aside from the world of movie magic, the auction saw five rare timepieces achieve prices of more than $1 million.

Leading the auction was a circa 1940s steel Patek Philippe split-seconds chronograph, reference 1436, one of just two known examples of its kind, which sold for a world record $3,301,000.

Two further Patek Philippe watches also fetched seven-figure sums: a yellow gold reference 2499, fitted with a unique champagne coloured dial, which sold for $1,805,000, and the only publicly known reference 1463 in steel, featuring a possibly unique dial, which realized $1,205,000.

There were also new world record prices for a pair of rare Rolex watches. An extremely rare pink gold, star-dial reference 6062, regarded as "perhaps the best preserved ‘Stelline’ in existence", sold for $1,265,000; and an equally rare ‘La Caravelle’ reference 6102, with a cloisonné dial by Stern Frères, sold for $1,235,000

In total the Phillips sale achieved $27,844,575, with a sell-through rate of 95% by lot.

“Following on from our inaugural auctions in May, we have seen that collectors continue to be drawn to the rarest and most exceptional watches, and that competition for these pieces is international and intense," said Aurel Bacs, Auctioneer and Senior Consultant.

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