Hong Kong, 2 June 2007, Important Collector’s Wristwatches, Pocket Watches & Clocks
Following the
success of Antiquorum’s spring
auctions in New York and Geneva, today’s
Hong Kong auction realised a total of HK$58,451,840 (USD7,485,342/CHF9,171,093/EUR5,564,030).
This was a 20% increase over the previous sale (HK$ 49,785,320
/ US$ 6,378,700 / CHF 7,811,316 / E 4,743,75 ). in November. Of the
329 timepieces offered, 135% was sold by value and 83% was sold by
lot. Once again demonstrating the strength of the watch market, the
continued demand for rare and collectible timepieces and the importance
of Hong Kong as the gateway of the Asian watch market.
Apart from the local clientele, buyers from the United States, Canada, Italy, England, Australia, China, Taiwan, Japan, Indonesia, Korea and Singapore filled the saleroom and competed fiercely against 313 telephone and 207 online bidders. Over 7300 clients from all over the world followed the online auction.
Of the top lots,
lot 322, a Patek Philippe Yellow Gold Ref. 2499, “Fourth
Series”,
sold at HK$ 2,639,000(US$ 337,950 / E 251,206). A “Pendule
Mystérieuse Modèle A” by
Cartier, lot 304, sold at HK$ 2,135,000 (US$ 273,408 / E 203,230).
Lot 99, a platinum “Watch with 10 Complications” by
Ulysse Nardin, which sold at HK$ 1,743,000 (US$ 223,208,58E 165,916)
established a world record. Lot 303, a Patek Philippe Ref. 3450, "Without
Leap Year Indication" sold
at HK$ 1,455,500 (US$ 186,391/E 138,549). Lot 302, the “Yellow
Ref. 5004” by
Patek Philippe sold for HK$ 1,283,000 (US$ 164,300,98/E 122,128).
And lot 157 “Timezone Watch of the Year 2006”, Ref.
5960P by Patek Philippe, sold at HK$777,000 (US$ 99,502/E 73,962) – almost
70% above retail.
Lot 170, an 18k
pink gold Ref. 96 by Patek Philippe sold at HK$
212,400 (US$ 27,199,944/E 20,218,356). Lot 180, “Piece Unique – Pendulette
Dome “Les Chevaux” more than doubled the estimates
at HK$377,600
(US$ 43,233/E 32,136). Lot 181 a white gold Ref. 3448 by
Patek Philippe sold at HK$1,743,000 (US$ 223,208/E 165,916).
Omega watches continued to sell well – lot 276, a yellow
gold “Seamaster
Chronograph” almost
doubled the estimates, selling at HK$49,560 (US$ 6,346/E 4,717).
Lot 11, the set of “Reverso Four Seasons” wristwatches
by Jaeger-leCoultre sold at HK$660,800 (US$ 84,622/E 62,901).
Timepieces made for the Chinese Market are strong in demand and
100% of them were sold – lot 101, “Mirror Image Pair – Flower
Urns” sold
at HK$519,200 (US$ 66,488 / E 49,422) and lot 328 “Early
Summer Bouquet” sold
HK$188,800 (US$
24,177 / E 17,971). |
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Lot 324
“The Hunt” Watch with 13 Complications Gideon & Co., Locle, Swiss, No. 86825, the movement attributable to Henry Grandjean & Cie., (Le Locle). Made for the Indian market, circa 1900, sold to the Sixth Nizam of Hyderabad, Mahbub Ali Khan (reigned 1869 –1911).
Very fine, important and rare, astronomic, grande and petite sonnerie,
minute-repeating, heavy 18K yellow gold, painted on enamel and rose-cut
diamond-set eight day going twotrain keyless clockwatch with triple
date, chronograph, central progressive minute recording hand, moon
phases and lunar calendar.
Sold including buyer's premium:
2,079,000 HKD (US$
273,408/E 197,900)
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Lot
72
“Watch with Seven Complications” Patek Philippe & Cie., Genève,
No. 97484, case No. 222000. Made in 1894, sold on March 10, 1899.
Very fine, rare, and important, hunting-cased, keyless, minute-repeating,
astronomic, 18K pink gold pocket watch with perpetual calendar,
chronograph, phases and age of the moon. Accompanied by the Extract
from the Archives.
Sold including buyer's premium:
1,628,000 HKD (US$ 208,481/E
154,969)
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Lot 303
Ref. 3450, "Without Leap Year Indication" Patek Philippe & Cie, Genève, No. 1119586, case No. 2788611, Ref. 3450, second series. Made in 1981, sold September 3, 1981. Exceptionally rare and important, astronomic, self-winding, 18K yellow gold gentleman’s
wristwatch with perpetual calendar, moon phases, and without leap
year indication, with an 18K yellow gold Patek Philippe buckle. Accompanied
by the Extract from the Archives..
Sold including buyer's premium:
1,455,500 HKD (US$
186,391/E 138,549) |