This Watch Witnessed the Rise of the Empire State Building. Now It’s Up for Sale

A rare 1929 Patek Philippe wristwatch, originally owned by Paul Starrett—the chairman of the corporation behind the Empire State Building—is headed to auction at Phillips in New York. The Tiffany & Co. signed timepiece was purchased by Starrett during the construction of the iconic skyscraper and features unique floral engravings alongside his initials. It is expected to fetch between $15,000 and $30,000 during the June sale.

Which Auction House Led the Pack in 2025?

Christie's led the global fine-art auction market in 2025 with $3.5 billion in sales, a 10.1% increase from 2024. Its top lot was Mark Rothko's 'No. 31 (Yellow Stripe), 1958,' which sold for $62.1 million. Sotheby's followed closely with $3.3 billion in sales, a 31% annual increase, highlighted by the record-breaking $54.7 million sale of Frida Kahlo's 'El sueño (La cama).' Phillips placed a distant third with $390.9 million in sales, a 14.2% decline.

Auction house Phillips presents highlights of the next art and design auction in Milan

La casa d’aste Phillips presenta a Milano gli highlights della prossima asta tra arte e design

Phillips auction house is presenting a selection of highlights from upcoming auctions and private sales in Milan during the city's Art Week and Salone del Mobile. The exhibition, staged in a space with architecture and furnishings by Dimoregallery and Dimoremilano, features significant Italian post-war art and design pieces, including a notable 1983 'Mappa' by Alighiero Boetti made in Kabul, works by Carla Accardi and Piero Dorazio, and a Carmen Herrera painting slated for auction in New York.