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December 5, 2007 – Antiquorum’s final auction of 2007 attained the outstanding sum of $ 9,612,051 for its sale of Important Collectors’ Wristwatches, Pocket Watches & Clocks sale. There was a record number of 441 on-line bidders in addition to the telephone, and commission bidders who uncompromisingly competed for the 402 lots in the sale. Of these, 84.58% were sold by lot and 119.34 % sold by value by bidders from countries such as Hong Kong, Switzerland, and The Russian Federation.

“We are very pleased by the outcome of today’s sale which reflects the willingness of collectors to pay premium prices for timepieces that have never been seen at auction before,” said Julien Schaerer, Watch Director and Auctioneer, Antiquorum USA.

The highlight of the sale was lot 402, a Patek Philippe Ref. 2497, First Series sold for $ 624,400. Also, several other Patek Philippes sold very well; lot 398 , a white gold Ref. 5016 attained $540,400. Another excellent price was fetched by lot 366, a set of four Patek Philippe Calatrava wristwatches with cloisonné enamel dials sold for $ 254,800. Also, the Patek Philippe Ref 5350, lot 363, sold for $ 82,600. Moreover, lot 343, the Patek Philippe “Skeleton”, Ref. 3883 achieved $ 33,040. In addition, spirited bidding for lot 391, an extra-large Patek Philippe silver keyless pocket watch lead to the amazing result of $47,200; eight times its estimate. Even watch related items such as a white, pink, and yellow gold Patek Philippe lighter sold for a whopping $ 12,980!

Gerald Genta also did exceptionally well with lot 390, a “Grande Complication” that achieved $ 350,000. In addition, Breguet obtained the remarkable sum of $ 445,200 for lot 386, a Breguet “250th Anniversary” Ref. 3857PT. Furthermore FP Journe fetched $ 82,600 for lot 388, a “ Tourbillon Souverain a Remontoir d’ Egalite avec Seconde Morte”.

Finally Omega and Audemars Piguet brands realized excellent results; lot 154, an Omega “Chronograph” sold for $ 38,940; more than three times its estimate. While lot 293 , an Audemars Piguet White Gold Skeletonized wristwatch sold for $ 23,010; six times its estimate

“Today’s results once again attest to the strength of the US collectors’ market and demonstrate just how far it has come in the past few years”’ said Evan Zimmermann, COO and Managing Director Antiquorum USA.

Lot 402
Pink Ref. 2497 - First Series Patek Philippe & Cie, Genève, Ref. 2497, First Series. Made in 1953, sold on April 20th, 1972. Very fine and rare, astronomic, center seconds, 18K pink gold wristwatch with perpetual calendar, moon phases
SOLD PRICE (incl. Premium)  $ 624,400 (Euro 425,000 ca.)

Lot 398
White Gold 5016 Patek Philippe, Genève, Ref. 5016G. Made in 1995. Extremely fine, rare and important, astronomic, minute-repeating, white gold wristwatch with one-minute tourbillon regulator, retrograde perpetual calendar, moon phases

SOLD PRICE (incl. Premium)$ 540,400 (Euro 368,000 ca.)

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Lot 349
Enamel Dial Minute Repeater Patek Philippe, Genève, Ref. 3979H. Manufactured in 1994. Very fine and rare, minute-repeating, self-winding, platinum wristwatch

SOLD PRICE (incl. Premium) $ 506,800 (Euro 345,000 ca.)

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Lot 386              
1747 - 1997 - Breguet 250th Anniversary Breguet. Made in a limited edition of 3 pieces in 1997 to commemorate the 250th anniversary of the birth of Abraham Louis Breguet (1747 - 1823). Extremely fine and rare, minute repeating platinum wristwatch with visible one-minute tourbillon regulator, jump-hours, perpetual calendar with retrograde date, leap-year indication

SOLD PRICE (incl. Premium)$ 445,200 (Euro 303,000 ca.)

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Lot 399
Ref. 3448 Without Moon Phases Patek Philippe, Genève. Made in 1971. Extremely rare and very fine, self-winding, 18K white gold wristwatch with perpetual calendar

SOLD PRICE (incl. Premium)$ 428,400 (Euro 291,500 ca.)

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Lot 390            
Grande Complication Gérald Genta, Geneva, No. 1, produced in a very few examples in 1996. Exceptionally fine and equally important, self-winding double-train, water-resistant platinum wristwatch with Westminster chime, Grande et Petite Sonnerie and silent display, four gongs and four hammers, minute-repeating, 12-hour fly-back hand with revolving 60-minute indication, 48-hour power reserve indicator for the striking and the going trains, and one-minute tourbillon regulator in fully engraved movement

SOLD PRICE (incl. Premium)$ 350,000 (Euro 238,000 ca.)

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Lot 400         
Lépine Type Patek Philippe, Genève, Ref. 2524/1. Made in 1954 and sold October 12, 1961, for the price of Sfr 3'025. Important and very rare minute-repeating, 18K yellow gold wristwatch

SOLD PRICE (incl. Premium)$ 344,400 (Euro 234,300 ca.)

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Lot 248        
White Gold Ref. 3448 Patek Philippe, Genève. Made in 1974, sold on June 22nd, 1976. Very fine and rare, astronomic, self-winding, 18K white gold wristwatch with perpetual calendar, moon phases

SOLD PRICE (incl. Premium)$ 277,200 (Euro 188,600 ca.)

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Lot 301           
Grande Complication Automatique Audemars Piguet, Genève, "Jules Audemars – Grande Complication Automatique", Ref. 25806 PT. Made circa 2005. Extremely fine and rare, large, minute-repeating, self-winding, platinum wristwatch with co-axial round button split-seconds chronograph, register, perpetual calendar with indication of the weeks, moon phases
SOLD PRICE (incl. Premium)$ 266,000 (Euro 181,000 ca.)

Antiquorum is, unquestionably, the world’s leading watch auctioneer; Of the 62 watches ever sold publicly by major auction houses above SFR. 1,000,000, Antiquorum claims an impressive 44 . In 2002, Antiquorum established the all-time world record price for a wristwatch at auction when it sold a platinum Patek Phililppe 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 wrist watch at auction. Another record price for a modern watch was achieved in 2004, the unique white gold Calibre 89, also by Patek Phlipe, was sold for SFr. 6,603,500 (US$ 5,002,652).