A former Christie’s watch executive launched a resale site specialized in Patek Philippe

John Reardon’s offerings included, from left, a yellow gold Reference 2501, from 1951; a pink gold Reference 96, 1953; yellow gold Reference 2554 Manta Ray, 1964; and a steel anti-magnetic Reference 3418, 1961.Credit...Calla Kessler/The New York Times


John Reardon in late December introduced an online business focused exclusively on trading secondhand Patek Philippe watches.

Mr. Reardon was an international head of watches at Christie’s in New York, where he oversaw about $100 million a year in watch sales.

Last November 2019, Mr. Reardon worked with Christie’s fall watch sales as a senior international consultant, an independent contractor role he plans to maintain. Shortly after the interview, he was taking telephone bids at the Only Watch charity auction when a Patek Philippe Grandmaster Chime wristwatch sold for $31 million, making it the most expensive wristwatch ever auctioned. (It displaced the Paul Newman Rolex Daytona that sold for $17.8 million in 2017.)

Collectability, his online site, will buy and sell watches while providing education on Patek Philippe.

Source: nytimes.com