India Luxury Market
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A rather priceless classique Chanel watch with rubies and diamonds, went under the hammer, at Christie’s and sold for price $293000 (GBP 181660 / Rupees 18233390). What’s special about this Chanel J12, ref H2038 watch that earned it a phenomenal hammer price ?
Chanel Watch J12 in 18K white gold & ceramic limited edition, belongs to circa 2008. Only 5 pieces of this Chanel watch were created. 184 Diamonds, 492 rubies adorn its face and strap. It isn’t easy to find rubies of the same colour, in such large number. Thus Chanel produced only 5 such watches.
This Chanel watch J12 with rubies and diamonds functions on Automatic jewelled movement. A black central dial balances the bling around it. Baguette cut rubies form hour numerals. Another set of red gems decorates bezel. Chanel watch J12 has 38mm diameter case. The watch key too, has a ruby stud on it.
The supreme illumination continues with the strap that is no less than a haute Chanel jewelery piece. 360 Rubies and 100 baguette cut diamonds are used in Chanel watch J12 strap.
Total weight of all diamonds in limited edition Chanel watch J12 is 10 carats and 492 rubies weigh 30 carats.
Chanel launched J12 series in 2000. This is among the very few limited edition J12, ever made. A price of $293000 for Chanel J12 set a world record for a Chanel J12 watch for ladies auction. It was expected to command between $80,000 – $120,000
Shilpa is a world renowned journalist and an expert in decoding India and Asia’s luxury markets for global readers. Her original, in-depth reports and analysis are frequently featured in prestigious international titles across the UK, China, Hong Kong, Switzerland, and Oman.
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