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Antiquorum 2 Day Sale Reaches Over 720 Million Cents

New York, December 7, 2006 —Antiquorum‘s New York  sale  of  Important Collectors’ Wristwatches, Pocket Watches & Clocks of 396 varied timepieces sold for an impressive $ 7,257,887 (or over 720 million cents!). The last auction of the year achieved an astounding world wide total of $ 87,027,149 and over $ 110,000,000 including private treaty sales for 2006, in cofirming Antiquorum’s position as the premier auction house for timepieces. This was the second best auction ever in Antiquorum USA’s history. Collectors bought modern and vintage watches at 115 % of their estimate resulting in 83% of all lots sold.  The exceptionally successful auction saw very active telephone and in-house bidding, along with 284 registered internet bidders from around the world. Buyers from the United States were extremely competitive, along with bidding from Russia, China, Spain, Australia, Canada, and Italy.

“This is an auspicious beginning for Antiquorum USA’s headquarters in the heart of New York City", said Osvaldo Patrizzi, Chairman and Founder of Antiquorum Auctioneers.

The star of the sale was lot 392, a “Grande Complication Automatique” Audemars Piguet, Genève wristwatch which sold at US$ 372,400. Many pieces fetched well beyond their estimates. There was very lively bidding for highly collectible watches such as lot 354, a Rolex Submariner in stainless steel retailed by Cartier sold  for $ 84,960,  seven  times its estimate., a world record for this watch. Also Patek sold well with lot 396, a platinum 10-day tourbillon which sold for $ 288,400. In addition, Omega was sought after with lot 124, the so-called “Ploprof “ Seamaster which sold for $ 10,620. Clocks were also very much in demand such as lot  294,”The Eiffel Tower”  sold for $ 14,160, six times its’ estimate.   

The “Top 10 lots” for Antiquorum’s  December 6 & 7 sale are as follows:

 

Grande Complication Automatique” Audemars Piguet, Genève,
"Jules Audemars – Grande Complication Automatique". Made circa 2005. Extremely fine and rare, large, minute-repeating, astronomic, self-winding, platinum gentleman's wristwatch with co-axial round button split-seconds chronograph, register, perpetual calendar with indication of the weeks,  and  moon phases.

SOLD PRICE (incl. Premium)       $ 372,400

ICabinet Watch No. 2" Audemars Piguet, Genève, "
Jules Audemars - Tourbillon Répétition Minutes Quantième Perpetuel". Made in a limited edition of only 20 pieces circa 2000, the second watch in the “Tradition of Excellence” cabinet series. Extremely fine and rare, large, minute-repeating, platinum gentleman's wristwatch with visible one-minute tourbillon regulator, perpetual calendar

SOLD PRICE (incl. Premium)    $ 333, 200

"Jules Audemars - Tourbillon Répétition Minutes Chronographe"
Audemars Piguet, Genève, "Jules Audemars - Tourbillon Répétition Minutes Chronographe". Made circa 2005. Extremely fine and rare, large, minute-repeating, platinum gentleman's wristwatch with visible one-minute tourbillon regulator, round button chronograph, register

SOLD PRICE (incl. Premium) $ 243,600

"Il Destriero Scafusia"
International Watch Co., Schaffhausen, "Il Destriero Scafusia", No. 66/125. Made in a limited edition of 125 examples. Production of this reference began in 1993. Extremely fine and rare, large, minute-repeating, astronomic, platinum gentleman's wristwatch with flying one-minute tourbillon regulator, square button split-seconds chronograph, registers, secular perpetual calendar, moon phases

SOLD PRICE (incl. Premium) $ 232,400

Yellow 1436" Patek Philippe & Cie, Genève.
Made in 1950 and sold on August 27th, 1951. Extremely fine and rare, 18K yellow gold gentleman's wristwatch with square button, co-axial split-seconds chronograph, 30-minute register, tachometer, and a textured, 18K yellow gold bracelet "a petites mailles


SOLD PRICE (incl. Premium) $186,400

Ref. 3450, Yellow Gold “Roman Leap Year”
Patek Philippe, Genève, Ref. 3450, third series. Made in 1985. Very fine and rare, astronomic, self-winding, 18K yellow gold gentleman's wristwatch with perpetual calendar, moon phases, Roman numerals for the leap year indication


SOLD PRICE (incl. Premium): $ 169,150.


“The Celestial Wristwatch”
Patek Philippe, Genève, “The Celestial Wristwatch”, Ref. 5102G. Made in 2003, sold on Dec. 22, 2003. Extremely fine, rare and unusual, astronomic, self-winding, water resistant to 25 meters, 18K white gold gentleman’s wristwatch with mean solar time indication, nocturnal sky chart of the Northern Hemisphere, moon phases and moon orbit, time of the meridian passage of Sirius and moon

SOLD PRICE (incl. Premium): $163,400

“Platinum Opus V”
Harry Winston and Felix Baumgartner, “Opus V”, No. 19/45. The Opus V was made in a limited edition of 100 examples in 2005. Of these, 45 – including the present one - were made in platinum (and without diamonds). Very fine and rare, water-resistant to 30 meters, platinum gentleman`s wristwatch with “satellite hour” display, retrograde minutes, 122-hour power reserve, day and night indicator

 SOLD PRICE (incl. Premium): $161,100

“Pink Ref. 3971E”
Patek Philippe, Genève. Made in 1989, sold on January 18, 1990. Production of this reference ceased in 2005. Very fine and important, astronomic, water-resistant, 18K pink gold gentleman's wristwatch with round button chronograph, register, perpetual calendar, moon phases

SOLD PRICE (incl. Premium): $134,650
Auction:

 
 
 

LINK TO AUCTION CALENDAR
 
About Antiquorum Auctioneers
Antiquorum is, unquestionably, the world's leading watch auctioneer. Founded in 1974 in Geneva. Of the 53 wristwatches ever sold publicly by major auction houses above SFR. 1,000,000, Antiquorum claims an impressive 47. In 2002, Antiquorum established the all-time world record price for a wristwatch at auction when it sold a platinum Patek Philippe World Time Ref. 1415 from 1939 for an astounding CHF 6,603,500 (US$ 4,026,524). This record-breaking price more than doubled the previous world record price for a wristwatch at auction. Another record price for a modern watch was achieved by Antiquorum in 2004, the unique white gold Calibre 89, also by Patek Philippe was sold for SFr. 6,603,500 (US$ 5,002,652). 10 auctions are held per year in Geneva, New York and Hong Kong. Antiquorum is further represented in Paris, London, Milano, Munchen, Moscow, Shanghai and Tokyo.
 

 

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