The watch is the subject of a legal battle between Yoko Ono and an Italian collector.
“This is undoubtedly one of the most-sought-after watches which the watch world has been hoping to see,” Marc Montagne, the author ofHe thinks that Lennon’s Patek would hammer down for something between 5 million and 10 million francs , thanks to its provenance and the mystery that has surrounded the watch for years. The timepiece was gifted to Lennon by Ono just months before
songwriter was assassinated in 1980. A former driver for Ono is thought to have stolen the Patek, and horologists and Lennon fans alike have long been curious about what happened to the watch.Last week, it came to light that the watch had been bought by an Italian collector from a now-closed German auction house. According to the court documents, the collector bought the Patek for just 600,000 francs .
While Ono says that she is the rightful owner of the watch, the collector has argued that she didn’t report the Patek stolen and that she didn’t act within the three years required by New York law. But in June, the Geneva court said that Ono was the owner, and the collector is now appealing that decision.
The court documents don’t mention Lennon or Ono by name, but they do state her nationality and say that he was assassinated in front of his home two months after turning 40. Additionally, they mention that the watch is engraved with a reference to a song that the couple “composed together after a period of separation.”
If Ono remains in posession of the watch, she could very well keep it as a reminder of Lennon. But if the Patek were to ever find its way to the auction block, expect it to fetch a pretty penny.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Long-lost 'Star Wars' X-wing model up for auction with starting price of $400,000A long-lost model of an X-wing fighter used in the original 1977 “Star Wars” movie is up for auction, with a starting price of $400,000.
Read more »
WATCH: Actor Chris Pratt Plants Last Flag for Innocent Lives Lost at 9/11 CeremonyActor Chris Pratt planted the last flag representing innocent lives lost on September 11, 2001, at a ceremony commemorating the tragic event.
Read more »
WATCH: Sen. John Fetterman gives odd, animated reaction to news of Biden impeachment inquiryPennsylvania Senator John Fetterman, a Democrat, gave an odd, animated response to the news of House Speaker Kevin McCarthy's announced impeachment inquiry against President Biden.
Read more »