INSIDE THE ORANGE BOX: A LIFETIME OF COLLECTING, PROPERTY FROM AN IMPORTANT EUROPEAN COLLECTOR 

AMSTERDAM – On 28 June, Christie’s Amsterdam closed the online sale of an exceptional single-owner collection of Hermès handbags, lifestyle accessories, scarves, homeware, jewellery, watches and scarves with Inside the Orange Box: A Lifetime of Collecting, Property from an Important European Collector: Part III, achieving a total of €1,927,044 / £1,659,814 / $2,111,283. This follows parts I and parts II of the auction in June and October 2022 in Milan, bringing the combined total for this extraordinary three-part collection to €5,935,230 / £5,146,132 / $6,237,136, a new record for any single-owner handbag collection at auction.

Inside the Orange Box: A Lifetime of Collecting, Property from an Important European Collector: Part III featured over 350 lots by the iconic brand Hermès and spanned over three decades of Hermès creativity. The sale attracted global participation with registrants from 54 countries. The sale was 100% sold by lot and 54% of new registrants to the sale were millennials. Leading the white glove sale was a rare, matte white Himalaya Niloticus Crocodile Birkin 35 which sold for €94,500 / £81,395 / $102,151, surpassing its pre-sale low estimate of €60,000. An additional leading highlight was a Custom Petit H Denim & Black Evercalf Leather Shadow Birkin 40 which sold for €50,400 / £43,411 / $54,481. A Petit H Jaune D’Or Clemence Leather, Black Crocodile & Black Fox Fur Kelly 28 by Hermès achieved €35,280/ £30,388 /  $38,136.

Further notable results include a Hermès Matte Blue Paon Alligator Birkin 35 which realised €47,880 / £41,240 / $51,757 alongside a Hermès matte Sanguine alligator Birkin 30 which achieved €44,100 / £37,984 / $47,671.

A selection of accessories and lifestyle items additionally achieved strong results: a limited edition 18k White Gold & Mother-of-Pearl Dial Marche du Zambèze Automatic Wrist Watch by Hermès sold for €13,860 / £11,938 / $14,982 exceeding its estimate of €2,000-3,000. A group of six silver pill boxes in the shape of Hermès handbags sold for €10,710 / £9,225 / $11,577.

Lucile Andreani, Head of Handbags, Christie’s EMEA: “We are thrilled with the results of this exciting three-part single owner collection with a total of €5,935,230 / £5,146,132 / $6,237,136. The first Christie’s handbags auction in Amsterdam, Inside the Orange Box is the largest single owner collection of Hermès handbags and accessories to ever appear at auction, and we are delighted with the phenomenal results of these three online sales, setting a new record for any private handbag collection sold at auction. The Handbags and Accessories department continues to attract millennials, with over half of our new registrants representing the millennial generation.”

Sale Highlights

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).

Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. Christie’s has sold 8 of the 10 most important single-owner collections in history, including the Paul G. Allen Collection—the most valuable collection ever offered at auction (November 2022). In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvator Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn, 2022) and for a work by a living artist (Jeff Koons’ Rabbit, 2019). 

Christie’s Private Sales offers a seamless service for buying and selling art, jewellery and watches outside of the auction calendar, working exclusively with Christie’s specialists at a client’s individual pace.

Recent innovations at Christie’s include the groundbreaking sale of the first NFT for a digital work of art ever offered at a major auction house (Beeple’s Everydays, March 2021), with the unprecedented acceptance of cryptocurrency as a means of payment. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including use of hologram technology to tour life-size 3D objects around the world, and the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats. 

Christie’s is dedicated to advancing responsible culture throughout its business and communities worldwide, including achieving sustainability by reducing our carbon emissions by 50% and pledging to be net zero by 2030, and actively using its platform in the art world to amplify under-represented voices and support positive change.

Browse, bid, discover, and join us for the best of art and luxury at: www.christies.com or by downloading Christie’s apps. The COVID-related re-opening status of our global locations is available here.

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby's

RM Sotheby’s | 1957 Ferrari 500 TRC Spider by Scaglietti

Offered from the Oscar Davis Collection

  • The 18th of 19 examples built; widely considered the most beautiful of the Testa Rossa designs
  • Raced at the 1957 24 Hours of Le Mans by Richie Ginther and François Picard
  • Driven to 12 overall or class victories by racing legend Gaston Andrey en route to the 1958 and 1959 SCCA E-Modified championships
  • Exceptionally long and successful racing career across at least 30 starts between 1957 and 1963, with 18 podium finishes
  • Currently fitted with matching-numbers engine
  • Highly eligible for the world’s most exclusive events across racing, rally, and concours, including the Mille Miglia Storica and Le Mans Classic

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby's

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby’s

THE TESTA ROSSA LEGEND BEGINS

Though he is best remembered for designing the long-block V-12 engine that Ferrari rode all the way to a victory at the 1954 24 Hours of Le Mans, engineer Aurelio Lampredi was also responsible for a very successful four-cylinder motor. The mainstay of Ferrari’s dominating 1952 and 1953 World Drivers’ Championships in Formula Two competition (the years during which Formula One was essentially canceled due to a lack of competition), this engine was soon transposed to sports car racing, powering the 500 Mondial and 750 Monza models to numerous wins.

The engine’s strengths were particularly evident on shorter winding circuits, where the high-revving, lightweight motor could power through the turns, often leaving V-12-powered competitors in the dust.

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby's

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby’s

After Lampredi’s exit in 1955, a new engineering team led by ex-Alfa Romeo maestro Vittorio Jano was charged with developing the four-cylinder engine even further, and their work most auspiciously featured the fitting of a new cylinder block that was finished in gloss red paint. This marked the inception of the mighty Testa Rossa, a model that would ultimately be fitted with a red-head V-12, and go on to become arguably the most legendary sports racing prototype series of all-time.

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby's

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby’s

The 500 TR made its debut at the Senegal Grand Prix with Jacques Swaters’ Ecurie Francorchamps racing team, achieving immediate success with a 1st in class. The majority of the subsequent examples were bodied by Scaglietti and destined for Ferrari’s top privateer clients, while a small handful were upgraded to 2.5-liter engines and bodied by Touring for use as Scuderia Ferrari Works cars. It was two of the latter examples which achieved the model’s first major international success when they finished 1st and 3rd at the 1956 Supercortemaggiore Grand Prix at Monza. Success continued throughout 1956 with the new “Red Head” achieving over 30 class and overall victories across North America and Europe.

For 1957, the 500 TR was updated to comply with the FIA’s latest Appendix C regulations, and the model was duly renamed the 500 TRC. Three inches lower than its predecessor, the TRC utilized a conventional engine-mounted four-speed gearbox and a live rear axle, eschewing the heavier De Dion rear end employed in the 500 Mondial. With stronger connecting rods and crankshaft assembly, and a lighter flywheel, the type 131C engine was fed by two Weber 40 DCOA/3 carburetors, combining to develop 190 horsepower and good for a potential top speed of 153 mph. Developed exclusively for privateer racing clients, the 500 TRC went on to collect class wins at the 24 Hours of Le Mans, the Mille Miglia, the 12 Hours of Sebring, and the Nürburgring 1000 KM.

The 500 TRC was built in a boutique quantity of just 19 examples, and it was the last four-cylinder model that Ferrari ever produced. Of course, with its sensuous Scaglietti open body and red-head motor, it proved to be just the opening salvo of the Testa Rossa legend—but what a memorable first chapter it was.

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby's

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby’s

A WINNING ‘RED HEAD’

Campaigned to numerous wins by a luminary racing driver lineup, this beautiful 500 TRC is a highly desirable example of the early Testa Rossa. Slotted in at the end of the production run, 0706 MDTR is the second-to-last car built and in April 1957 it was loaned by the factory to François Picard, who repainted the car French blue and raced it under the banner of his Ecurie Los Amigos. After scoring three class wins through early June, including 5th overall at the Portuguese Grand Prix, Picard teamed with rising star Richie Ginther to run the 24 Hours of Le Mans. Despite showing early promise in the race, the TRC retired following a water pump failure.

In late 1957 the Ferrari was sold through Luigi Chinetti to Mike Garber of Hamden, Connecticut, the sponsor of the legendary Swiss-born racing driver Gaston “Gus” Andrey. Having emigrated to the United States, Andrey went on to enjoy a very successful career that included four SCCA championships and two Trans-Am championships, driving for Ferrari’s NART, Maserati, and Alfa Romeo, among others.

Still finished in its Le Mans blue livery, Andrey first drove the beautiful 500 TRC at the Nassau Bahamas Speed Week in December 1957. Andrey failed to finish the Tourist Trophy event but came back strong with a 2nd in class in the Governor’s Trophy prelim race and a respectable 5th in class in the hotly contested Nassau Trophy race. Following Nassau, the car remained in the Southeast and was entered by Mike Garber in the 1958 12 Hours of Sebring. Driven by Andrey, Bill Loyd, and for a short stint the great Dan Gurney, the car ran well until the 125th lap when it suffered a rear axle bearing failure.

Following Sebring, the car was refinished in a two-tone scheme of white over a red lower body, a red stripe, and Swiss emblems on each side, paying homage to Andrey’s Swiss heritage. 0706 MDTR was driven by Andrey in a slew of races through 1959, earning him the SCCA E-Modified championships in 1958 and 1959. Almost always among the top 10 finishers, the car claimed an overall win at Lime Rock in April 1958, and a class win at the 1958 President’s Cup at Marlboro, Maryland. It also won its class at Bridgehampton in June 1958, Virginia International Raceway in October 1958, Thompson in May 1959, and Lime Rock in July 1959.

The Ferrari’s success prompted a fair amount of coverage in the motoring press, including a piece in the October 1959 issue of Road & Track, and cover car status for the January 1960 issue of Sports Car Graphic. In early, 1960 Andrey offered the TRC for sale, and over the next two decades it passed through a documented chain of owners across the United States.

In the early 1960s, while driven in a racing school by Henry Hironaka, the original 2-liter engine number 0706 MDTR dropped a valve and was removed from the car. For a time 0706 MDTR, as with many used Ferrari racing cars of the period, had a Ford 289 V-8 motor installed to keep it operational. Later, the Ford engine was removed and a new 2-liter engine, stamped with the number 0582 LM, was installed.

In May 1980 Stanley Nowak found the original 0706 MDTR engine crated within Luigi Chinetti’s warehouse, and he soon sold it to Derek Lees in Birmingham, England, who installed it in the restoration of a 500 TR, chassis number 0640 MDTR.

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby's

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby’s

A RETURN TO THE CIRCUIT

In 1984, the 500 TRC was purchased by Count Hubertus von Dönhoff in Germany, and over the following 10 years he entered the car twice at the Mille Miglia Storica and three times at the AvD-Oldtimer Grand Prix at the Nürburgring. By 1995 the Ferrari was back in the U.S. and proudly displayed at the 1995 Cavallino Classic, winning the Coppa per Quattro Cilindri for the best four-cylinder Ferrari.

Subsequently the 500 TRC was sold in September 1998 to Roger Willbanks, Sr., a respected collector based in Colorado who presented the car at the 2001 Meadow Brook Concours d’Elegance, the 2003 Amelia Island Concours d’Elegance, and the 2005 Pebble Beach Concours d’Elegance. Following the sale to a New York-based collector in 2006, the car was shown at the 2007 Reading Concours d’Elegance, where it won the Scaglietti Award. In 2014, this 500 TRC was acquired by Oscar Davis and, most importantly, the car was reunited with the numbers-matching engine number 0706 MDTR, which has recently been reinstalled in preparation for the car’s current offering. Its spare engine, number 0582 LM, accompanies the sale.

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby's

1957 Ferrari 500 TRC Spider by Scaglietti Motorcar Studios ©2022 Courtesy of RM Sotheby’s

Now offered from the Oscar Davis Collection, this sensational spider continues to benefit from an older restoration. It claims important competition use, having been driven by Richie Ginther at the 24 Hours of Le Mans and by Gaston Andrey at the 12 Hours of Sebring—also forming the primary component of his 1958 and 1959 SCCA championships.

Simply awe-inspiring in its menacing red-over-black Scaglietti coachwork, this striking 500 TRC would make a great entrant at significant marque events or may be enjoyed at vintage racing gatherings like the Mille Miglia Storica, Le Mans Classic, or the Monterey Historics, in addition to the world’s top concours d’elegance. The voluptuous coachwork instantly declares the car’s position in the evolution of a celebrated legend, that sports-car racing masterpiece forever known by two words: Testa Rossa.

IN THIS CELEBRATORY YEAR MARKING THE 300TH ANNIVERSARY OF PIERRE JAQUET-DROZ’S BIRTH, THE MAISON UNVEILS AN EXCEPTIONAL UNIQUE PIECE RESERVED FOR THE “ONLY WATCH” CHARITY AUCTION.

For the ninth consecutive time, Jaquet Droz is proud to donate a unique piece of its own creation, designed exclusively for Only Watch, a charity sale to benefit the Association Monégasque contre les Myopathies (Monegasque Association against Muscular Dystrophy), and featuring a degree of technical ambition and aesthetic never-before achieved: A Grande Seconde Skelet-One Tourbillon adorned with a plique-à-jour enamel dial.

The original idea was to extend the initial purpose of the Grande Seconde to provide its owner with the finest and most accurate reading of the seconds—hence its largely dimensioned and off-center dial at 6 o’clock, exclusively dedicated to this effect. How could this precision be achieved? By adding a tourbillon. This escapement, itself a genuine watchmaking complication, aims to compensate for the harmful effects undergone by a timepiece that performs across multiple planes, all subjected to the force of gravity which alters its precision.

The tourbillon of the new Grande Seconde Skelet-One Tourbillon “Only Watch” was born of Jaquet Droz’s in-house expertise, but entirely reworked in the purest chronometric approach. Thanks to its realization in titanium and the elimination of the sapphire bridges, the cage has been lightened and optimized with regards to its chronometric functions. The balance spring and pallet lugs are made of silicon. Highly open to let light pass through, the tourbillon gives the illusion of being both large and lightweight all at once. Completely revised and placed at noon, it accords the piece a dedicated identity of strength and technicality.

The underlying aesthetic architecture is as technical as it is unique. The skeleton structure is brand new: while the original Skelet-One favored soft and supple curves, the Grande Seconde Skelet-One Tourbillon “Only Watch” focuses on straight lines, angles, modernity and perfect symmetry. This very contemporary skeletonization is as technical as its highly precise tourbillon movement can be, furthering the technical and aesthetic consistency of the piece. Its bridges, finished in black, confer a powerful matte appearance. The tourbillon cage follows the geometry of the skeleton movement, with a triple cross shape which, once a minute, aligns perfectly with its bridges.

For Only Watch, Jaquet Droz put to work its Ateliers d’Art as well, in order to produce a highly exclusive plique-à-jour dial, made specially for the famous charity sale. Once again, whereas the Maison’s most recent plique-à-jour creations featured curves and soft, slightly domed lines, the Skelet-One Tourbillon “Only Watch” is made up of various straight and geometric sections separated by white gold, thus forming a dial which has been entirely polished flat. The Maison achieved this unprecedented result by applying an extremely fine diamond powder polish to each area of the enamel, the only kind capable of achieving this thickness.

Every tone of enamel has been painstakingly selected for the model and fired at a very high temperature several times in a row. The choice of these colors therefore owes nothing to chance: a color chart was proposed by Only Watch associating different tones with certain characteristics. The Maison thus translated these variations of red, orange and yellow into an expression of happiness, passion, optimism and even energy—all values that support the cause championed by Only Watch.

An aesthetic and technical achievement, the first Grande Seconde Skelet-One with tourbillon, the first with plique-à-jour enamel, a new geometry of skeleton movement, a fully updated tourbillon… the Grande Seconde Skelet-One Tourbillon “Only Watch” is many things. It’s also the perfect match between an age-old complication and craftsmanship on the one hand, and an eminently modern technique and geometry on the other. A rare, precise balance, like any Jaquet Droz timepiece, which foreshadows all the ambitions of the Maison’s future Skelet-One collection.

Christie’s Watches Online: The New York Edition

A selection of highlights from our upcoming sale

Patek Philippe, Perpetual Calendar, Chronograph, Platinum, Diamonds, Ref. 3990E

CIRCA: 1994
CASE MATERIAL: Platinum, Diamonds
CASE DIAMETER: 35.5mm
MOVEMENT NO’:876.839
CASE NO’: 2.945.342
DIAL: Black, Diamonds
MOVEMENT: Manual
FUNCTIONS: Perpetual Calendar, Chronograph
BOX: Yes
PAPERS: No
ACCESSORIES: Patek Philippe Platinum and Diamond Tang Buckle, An Additional White Diamond Patek Philippe Dial, A Patek Philippe Extract From the Archives Confirming Date of Sale: September 14th, 1994, Product Literature, Patek Philippe Service Box, Patek Philippe Presentation Box
$150,000-250,000


Patek Philippe, American Calendar Pocket Watch, 18K Yellow Gold, Ref. 725/4

CIRCA: 1969
CASE MATERIAL: 18k Yellow Gold
CASE DIAMETER: 46mm
MOVEMENT NO’: 931.257
CASE NO’: 327.503
DIAL: White
MOVEMENT: Manual
FUNCTIONS: American Calendar, Digital Display, Moonphases,
Subsidiary Seconds
BOX: No
PAPERS: No
ACCESORIES: A Patek Philippe Extract From the Archives Confirming
Date of Sale April 17th, 1973
$30,000-50,000


Patek Philippe, Retailed by Hausmann & Co., 18K Gold Wristwatch, Ref. 570, Formerly Owned by Andy Warhol

CIRCA:1954
CASE MATERIAL: 18k Yellow Gold
CASE DIAMETER: 35.5mm
DIAL: Silver
MOVEMENT: Manual
FUNCTIONS: Time Only
BOX: No
PAPERS: No
ACCESSORIES: A Patek Philippe Extract from the Archives confirming date of sale on June 20, 1955, Sotheby’s 1988 Jewelry and Watches Catalogs, featuring this watch as Lot 264 of the December section ‘The Andy Warhol Collection’
$45,000-95,000


Cartier, Crash, 18K Pink Gold, Ref. W1544251

CIRCA: 2003
CASE MATERIAL: 18k Pink Gold
CASE DIAMETER: 38mm X 23mm
DIAL: White
MOVEMENT: Manual
FUNCTIONS: Time Only
BOX: No
PAPERS: No
ACCESSORIES: 18k Pink Gold Cartier Deployant Buckle, Cartier Sales Receipt Dated December 31, 2003, A Cartier Valuation Report for insurance value Dated September 27, 20
$40,000-60,000


Rolex, Triple Calendar, Chronograph, Steel, Ref. 6036

CIRCA: 1963
CASE MATERIAL: Steel
CASE DIAMETER: 36.5mm
SERIAL NO: 943969
DIAL: White
MOVEMENT: Manual
FUNCTIONS: Day, Date, Month, Chronograph
CALIBER: 72C
BOX: No
PAPERS: No
$80,000-120,000


Breguet, 18K White Gold, Skeletonized, Tourbillion, Ref. 3355

CIRCA: 2010s
CASE MATERIAL: 18k White Gold
CASE DIAMETER: 36mm
DIAL: Skeletonized
MOVEMENT: Manual
FUNCTIONS: Skeletonized, Tourbillon
BOX: No
PAPERS: No
ACCESSORIES: White Gold Tang Buckle
$30,000-50,000


Rolex, Chronograph, Steel, Ref. 6034

CIRCA: 1963
CASE MATERIAL: Steel
CASE DIAMETER: 36.5mm
SERIAL: 907700
BRACELET MATERIAL: Steel
BRACELET SIZE: Approximately 165mm Overall Length
DIAL: White
MOVEMENT: Manual
FUNCTIONS: Chronograph
BOX: No
PAPERS: No
$20,000-40,000


Rolex, Sea Dweller, “Great White”, Steel, Ref. 1665

CIRCA: 1978 CASE MATERIAL: Steel
CASE DIAMETER: 40mm
SERIAL: 5410564
BRACELET MATERIAL: Steel
BRACELET SIZE: Approximately 185mm Overall Length
DIAL: Black
MOVEMENT: Automatic
FUNCTIONS: Date,
BOX: No
PAPERS: No
ACCESSORIES: Original Crystal Included
$18,000-24,000


Patek Philippe, Nautilus, Steel, Diamonds, Ref. 3800/1

CIRCA: 1996
CASE MATERIAL: Steel
CASE DIAMETER: 35.5mm
MOVEMENT NO’: 3.021.860
CASE NO’:4.009.746
BRACELET MATERIAL: Steel
BRACELET SIZE: Approximately 175mm Overall Length
DIAL: Black, Diamonds
MOVEMENT: Automatic
FUNCTIONS: Date
BOX: Yes
PAPERS: No
ACCESSORIES: Patek Philippe Outer Box, Patek Philippe Presentation Box, A Patek Philippe Extract from the Archives, Confirming Date of Sale February, 26th 1997
$30,000-50,000


Patek Philippe, Perpetual Caledar Chronograph, Yellow Gold, Ref. 5970J, Double Sealed

ψ This image is of a similar watch of the same model for display purposes only and is not the actual watch being offered for sale nor included in this lot. The endangered species strap is also shown for display purposes only and is not for sale. The actual watch for sale will be supplied with a calf leather strap.
CIRCA: 2008
CASE MATERIAL: 18k Yellow Gold
CASE DIAMETER: 40mm
DIAL: White
MOVEMENT: Manual
FUNCTIONS: Perpetual Calendar, Chronograph, Moonphases
BOX: Yes
PAPERS: Yes
ACCESSORIES: 18k Yellow Gold Patek Philippe Buckle, Patek Philippe Certificate of Origin, Patek Philippe Presentation Box, Leather Folder, Product Literature
ψ Please note the endangered species strap is shown for display purposes only and is not for sale. Upon sale, this watch bag will be cut and the watch will be supplied to the buyer with a non CITES strap (not shown). For further information please refer to the Conditions of Sale.
$100,000-150,000