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ANTIQUORUM OCTOBER AUCTION BREAKS 8 WORLD RECORDS AND ACHIEVES TOP PRICES

Geneva, October 14, 2007. Reconfirming its market dominance Antiquorum achieved an excellent sale the past weekend realizing SFr. 10,971,298 (US$ 9,283,000) in auction turnover selling 83 % by lot and 139% by value. The October sale of Important Collectors’ Watches, Pocket Watches & Clocks achieved this very satisfactory overall result, set a lot of excellent prices and several world records.  The sale took place at the recently refurbished Grand Hotel Kempinski. All the habitual clients were present in the saleroom.  Many private collectors and representatives from horological museums were bidding against almost 400 registered on-line bidders and record-number clients having left absentee bids from all over the world. 25 % of the lots was sold via the Antiquorum on-line. Collectors especially from Asia acquired many timepieces as well as from USA, Italy, Germany and Switzerland. The Antiquorum website has been visited by more than 15’000 people over the weekend.

The highlights of the sale were certainly the several Rolex watches that one after the other broke many world records by far. Such as lot 496, Rolex Ref. 6542 “Yellow Gold GMT-Master Perspex Bezel” that beat all previous results selling at SFr. 166,300 (US$ 141’000), three times its estimate, and lot 499 Ref. 6239 yellow gold  “Doctors Cosmograph” which sold for SFR. 346’500 (US$ 294’000), three times its estimate and further, lot 194 a military diver’s watch, Rolex Ref. 6154 , made in 1954 that sold for SFr. 221’500 (US$ 188’000), doubled its estimate.
                                                                                                       
Another world record was set for a pink gold triple chronograph, lot 511,  by Audemars Piguet made in ca. 1940, that after a fierce bidding was acquired by a private collector who bid over the telephone for SFr.  447,300 (US$ 380’000). An additional world record was broken by a Patek Philippe Ref. 3990 “Pink Gold and Diamond”, lot 526, which sold for an astounding SFr. 296,100 (US$ 251’000). 

An excellent price was achieved for a yellow gold Ref. 2499 “Third series with tachometer dial”, lot no. 199, that sold for a top price of SFr. 794,500 (US$ 674’000). A fantastic result was attained for the world time pocket watch with an enameled dial that sold for SFr. 301,700 (US$ 256’000), lot 525. Further outstanding prices were paid for Patek Philippe Master Control pieces such as lots 328, 329 and 330.

Pocket watches with complications, including all watchmakers, proved very much sought after, especially by Asian clients and many high prices were accomplished confirming the strong demand.

 

All prices include buyers’ commissions. (Approx. rate: SFr/US$: 1.18)
French, German, Spanish and Italian versions available as of Monday afternoon.


 
 

click on the image for high definition picture
The “Top Lots”


 

LOT 199  
Ref. 2499, Yellow Gold “Third Series with Tachometer Dial” Patek Philippe, Genève, No. 868757, case No. 2621545, Ref. 2499, third series. Made in 1960, sold on December 18th, 1962. Exceptional and extremely rare 18K yellow gold wristwatch with round button chronograph, 30-minute register, perpetual calendar, moon phases, special tachometer dial and an 18K yellow gold Patek Philippe buckle. Accompanied by the Extract from the Archives.
Sold including buyer's premium:
794,500 CHF $ 674'000 € 484’452



 

LOT 511
"Pink Gold, Triple Date, Chronograph & Moon Phase - Three-Tone Dial" Audemars Piguet & Co., Genève, No. 45983. Made circa 1940. Very fine and extremely rare, 18K pink gold wristwatch with olive button chronograph, register, tachometer, triple date, moon phases and age, and three-tone dial, with an 18K yellow gold Audemars Piguet buckle.

Sold including buyer's premium:
447,300 CHF $ 379'210 € 272’743



 

LOT 527
“Extra Large One-Minute Tourbillon-First Class Observatory Rating Obtained in 1932-1933” Patek Philippe, Geneve, No. 198285, case No. 2804777, Ref. 929. Movement made in 1929, cased in 1984, sold on April 4, 1984. Extremely fine and exceptionally rare, extra large, 18K yellow gold, keyless pocket lever chromometer with one-minute tourbillon regulator by J. Golay-Audemars, Guillaume balance, 36-hour power reserve indication, and a first-class Observatory rating certificate obtained in 1932-1933. Accompanied by the Extract from the Archives.

Sold including buyer's premium:
391,300 CHF $ 331'610 € 238’597



 

LOT 160
Platinum Tourbillon “Pour le Mérite” A. Lange & Söhne, Glashütte I. SA., Tourbillon "Pour le Mérite", No. 43/50, movement No. 370, case No 110443, Ref. 701.005. Made in a limited edition of 50 examples in the 1990s. Sold in December 17th, 1996. Extremely fine and rare, platinum gentleman's wristwatch with visible one minute tourbillon regulator and 36-hour power reserve indication, with a platinum buckle. Accompanied by an original guarantee (now void) and a copy of a service document dated December 2005.

Sold including buyer's premium:
357,700 CHF $ 303'135 € 218’110



 

LOT 499
Ref. 6239, Yellow Gold “Doctors Cosmograph” Rolex, “Cosmograph”, case No. 1938064, Ref. 6239. Made in 1969. Very fine and very rare, water-resistant, 18K yellow gold wristwatch with round button chronograph, registers, gold bezel with tachometer graduated to 200UPH and blue pulsometer scale on the dial.

Sold including buyer's premium:
357,700 CHF $ 303'135 € 218’110



 

LOT 525
Ref. 605, "World Time - Cloisonné World Planisphere Dial" Patek Philippe & Co., Genève, No. 930837, case No. 654936, Ref. 605 HU (Heures Universelles). Made in 1948, sold on May 26, 1956. Very fine and extremely rare, 18K yellow gold, keyless, "World Time" dress watch, the polychrome cloisonné enamel dial representing a planisphere map of the world. Accompanied by the Extract from the Archives.
Sold including buyer's premium:
301,700 CHF $ 255'677 € 183’963



 

LOT 526
“Pink Gold and Diamond Ref. 3990” Patek Philippe, Genève, No. 3046785, case No. 4197929, Ref. 3990. Made circa 2000. This reference is no longer in production. Very fine and important, water-resistant, pink gold and diamond wristwatch with round button chronograph, register, perpetual calendar, moon phases, with sapphire crystal back and a pink gold Patek Philippe buckle. Accompanied by the Certificate of Origin.

Sold including buyer's premium:
296,100 CHF $ 250'932 € 180’548



 

LOT 194
“Military” Rolex, “Oyster Precision”, Ref. 6154, case No. 997572. Made in 1954. Exceptionally rare and fine, large, cushion-shaped, water-resistant, stainless steel, military diver's wristwatch with a stainless steel Rolex buckle.

Sold including buyer's premium:
221,500 CHF $ 188'000  € 135’060



 

LOT 501
Platinum & Diamond “Gouvernail” Cartier, Paris, "Ronde Squelette", No. 36235. Entered in the registers on September 6, 1950. Fine and extremely rare, platinum and diamond-set wristwatch with a platinum bricklink bracelet with concealed yellow gold deployant clasp. Accompanied by a fitted box.
Sold including buyer's premium:
210,000 CHF $ 177'966  € 128’048



 

LOT 495
Ref. 6241, Yellow Gold "Tiffany & Co." Rolex, “Cosmograph, Daytona”, case No. 2118923, Ref. 6241. Retailed by Tiffany & Co. Made in 1969. Extremely rare and fine, water-resistant, 14K yellow gold wristwatch with round button chronograph, registers, anti-reflective black bezel with tachometer graduated to 200UPH and a 14K gold Rolex buckle.

Sold including buyer's premium:
204,250 CHF $ 173'093  € 124’542



 

LOT198
Ref. 3970E “Platinum” Patek Philippe, Genève, No. 876208, case No. 2919397, Ref. 3970E. Production of this reference started in 1986, sold in November 1992. Very fine and important, water-resistant, platinum wristwatch with diamond-set dial, round button chronograph, register, perpetual calendar, moon phases, with a platinum Patek Philippe buckle. Accompanied by a mahogany fitted box, setting pin and a Certificate of Origin.
Sold including buyer's premium:
198,500 CHF $ 168'220  € 121’036

   
 
Lot  498
Ref. 6062, Yellow Gold "Egyptian Dial" Rolex, "Oyster Perpetual, Officially Certified Chronometer", retailed by Serpico Y Laino, Ref. 6062. Made in the 1950s. Very fine and extremely rare, tonneau-shaped, self-winding, water-resistant, 18K yellow gold wristwatch with triple date, moon phases and a gold-plated Rolex buckle.
Sold including buyer's premium:
198,500 CHF $ 168'220  € 121’036
   
 

Next auction:
Important Collectors’ Watches, Pocket Watches & Clocks
SUNDAY, NOVEMBER 11, 2 PM
AT THE GRAND HOTEL KEMPISKI
Previews in Shanghai, Hong Kong, Taipei and Geneva

 

 

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).


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