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Four World Records Were Achieved At Antiquorum’s New
York March Sale |
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New York, March 28, 2007 – Extremely passionate bidding in Antiquorum’s first sale of the spring season resulted in an outstanding total of $ 7,161,450 (CHF 8,809,000) for its New York auction of Important Collectors’ Wristwatches, Pocket Watches & Clocks. This sale’s almost 400 online bidders along with telephone-, room-, and commission bidders came from all corners of the globe including Taiwan, Portugal, Australia, Spain, Russia and the United States. As a result of this tremendous interest in the 347 timepieces, 119 % was sold by value and 88 % sold by lot. “We are delighted to see such remarkable results for our March auction; new heights have been achieved as we have seen by the four world records that were attained during today’s sale”, said Osvaldo Patrizzi, Chairman and founder of Antiquorum Auctioneers. The toplot of the sale, the Patek Philippe Ref. 5029, lot 343, fetched an impressive price of $ 590,800; a world record for this reference. In addition, world records were realized for the Patek Philippe Ref. 5013, lot 344, which sold for $ 523,600 and the Patek Philippe Ref. 3974 (lot 113) that obtained $ 518,000 in the saleroom. Panerai also did extremely well and accomplished a world record today with lot 269, the “PAM 21” selling for an astounding $ 140,400. Collectors also enthusiastically competed for Rolex wristwatches. Of note was lot 331, the so-called “James Bond” Submariner was sold for $ 82,600. Moreover, the Rolex “Comex” Submariner, lot 333 fetched $ 73,160. In addition, lot 334 , the so-called “Black Dial Pre-Daytona” Ref. 6238 achieved $ 88,500.
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“The success for our first auction of 2007 is a clear indication of the strength of the US watch market”, said Evan Zimmermann, Director of Antiquorum USA. |
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Lot 343 |
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Lot 344 |
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Lot 113 |
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Lot 347 |
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Lot 287 |
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Lot 303 |
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Lot 269 |
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Lot 187 |
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Lot 103 |
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Lot 278 |
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About
Antiquorum Auctioneers
Antiquorum is, unquestionably, the world's leading watch auctioneer. Founded in 1974 in Geneva. Of the 57 wristwatches ever sold publicly by major auction houses above CHF. 1,000,000, Antiquorum claims an impressive 43. 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 CHF. 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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