Sotheby's Auction Features Rare Robert M. Olmstead Watch Collection

Oct 9, 2025 at 12:00 PM

An exceptional assortment of antique timekeeping devices, meticulously gathered over a lifetime by the late Robert M. Olmstead, is poised to go under the hammer at Sotheby's this December. This remarkable collection, characterized by its profound historical significance and rarity, is anticipated to captivate the horological community. Olmstead, who began his collecting journey in the 1960s, harbored an unwavering passion for watches and clocks, accumulating over 80 pieces from esteemed makers such as Breguet, Dent, and Charles Frodsham. His dedication to uncovering unique and complex mechanisms has resulted in a trove that includes several previously uncatalogued Patek Philippe masterpieces, promising to redefine the understanding of vintage horology for collectors and scholars alike. This sale is not merely an auction; it represents the culmination of a singular collector's vision and a rare opportunity to acquire pieces of unparalleled historical and mechanical artistry.

Among the most anticipated lots is a Patek Philippe split-seconds pocket watch, crafted in 1924 for the American luminary John Motley Morehead III. This exquisite timepiece, until recently a hidden gem, boasts an ingenious dual-movement system, each winding simultaneously in opposing directions via the crown. Experts speculate that Morehead, known for founding the Morehead Planetarium, utilized one of these movements for tracking sidereal time, measuring Earth's rotation against distant stars. This watch is one of only two known examples from any brand featuring such a complex dual-movement design and carries a significant estimate ranging from $500,000 to $1 million. Acquired by Olmstead in 1965, it remained in his possession, becoming a cornerstone of his collection.

Another highlight is a Patek Philippe paperweight clock from around 1927, distinguished by its intricate calendar and other advanced complications. Bearing movement number 198.159, this clock is one of only three known examples, with its counterparts belonging to legendary collectors James Ward Packard and Henry Graves Jr., both of whom were prominent figures in the automotive and banking sectors, respectively, and whose competitive collecting endeavors are well-documented in horological circles. Originally commissioned by Thomas Emery, the clock was obtained by Olmstead in 1976 and remained unpublicized until now. Intriguingly, the unveiling of Olmstead's collection coincides with Patek Philippe's recent release of a modern interpretation of this very clock at Watches and Wonders Geneva 2025, a limited edition of 25 units, each quickly selling for $1.25 million.

Beyond the Patek Philippe marvels, Olmstead's collection showcases sophisticated creations from leading English watchmakers. Before Switzerland emerged as the undisputed leader in horology, Britain held this esteemed position. The collection includes a magnificent Dent carriage clock from 1857, estimated at $50,000-$70,000, and an incredibly complex pocket watch from Charles Frodsham, valued between $300,000 and $500,000. These pieces vividly illustrate the extraordinary craftsmanship and innovation that characterized the London watchmaking scene prior to the Second World War, offering collectors a unique insight into this rich period of horological history.

The Robert M. Olmstead collection is a testament to the collector's discerning eye and profound appreciation for the art of watchmaking. It offers a rare window into the golden age of horology, featuring pieces that are not only mechanically complex but also steeped in rich history. The auction at Sotheby's is poised to be a landmark event for enthusiasts, underscoring the enduring allure and investment value of these intricate machines.