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This rare vintage Cartier watch fetched $2 million after intense bidding battle

Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema·Manjusha Radhakrishnan·about 1 month ago
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Dubai: A rare Cartier timepiece has led a record-breaking auction at Sotheby's, underlining the continued strength of the global luxury watch market. The auction house’s latest “Important Watches” sale generated a total of $52.9 million (approximately Dh194 million), making it one of its strongest watch auctions in Asia. The standout result came from Cartier, with a rare yellow-gold Cartier London Crash from 1987 selling for $2 million (around Dh7.3 million), setting a new record for the brand at Sotheby’s. The watch drew intense interest from collectors, triggering a multi-minute bidding battle across phone, online, and in-room participants. The final price was more than double its pre-sale estimate, reflecting strong demand for rare, design-led vintage pieces. Only a handful of such models are believed to exist, adding to its appeal. Cartier was a major driver of the sale’s success.…

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