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Press Contact:
Michelle Halpern
Tel. +1 212 750 1103
pressusa@antiquorum.com

Rubenstein Communications Contact: Peter Foley
Tel. + 1 212-843-8308
pfoley@rubenstein.com

For Immediate Release

Spectacular Watches, Including the First- Ever Produced Patek Philippe Reference 5020, Highlight Antiquorum's December Sale

New York, November 18, 2008 – Antiquorum Auctioneers is preparing for its largest annual US auction that will be held on December 10th and 11th at its offices on Madison Avenue in New York City. Over 500 lots will be offered in the sale of Important Collectors’ Wristwatches, Pocket Watches & Clocks with a significant number to be sold at no reserve. Worldwide previews will be held in Shanghai, Hong Kong, Tokyo, Los Angeles and New York.

"This is a tremendous opportunity for watch aficionados to bid on a remarkable collection of both modern and vintage watches, particularly rare Patek Philippe timepieces," said Robert Maron, Chairman, Antiquorum."As demonstrated by the success of our recent sales, fine watches continue to have significant growth potential."


 
Highlights included in the December New York sale (for HIGH DEFINITION please click on the image)

 

The connoisseur horologist will be excited to note that the first Patek Philippe Ref. 5020 ever produced, No. 3045000, will be offered in the December auction. The so-called “TV Watch”, produced in 1994, is an extremely fine and very rare, tonneau-shaped, astronomic, water-resistant, 18K yellow gold wristwatch with round button chronograph, register, 24-hour indication, perpetual calendar and moon phases.

Estimate: $ 140,000 - $ 180,000.

 

     
 

Another extraordinary timepiece and highlight of the sale is the Patek Philippe Ref. 5016. Produced in 1993, this timepiece is an extremely fine, rare and important, astronomic, minute-repeating, platinum wristwatch with one-minute tourbillon regulator, retrograde perpetual calendar and moon phases.

Estimate: $ 550,000 - $ 650,000.

     

     
 

Also for the Patek Philippe collector there is a Ref. 5013. Production of this reference started in 1992. It is an extremely fine, rare and important, tonneau-shaped, minute-repeating, astronomic, self-winding, platinum wristwatch with retrograde perpetual calendar, moon phases and leap year indication.

Estimate: $ 400,000 - $ 500,000.

     

     

 

Franck Muller collectors will eagerly be vying for the Caliber 97 "Grande et Petite Sonnerie, Minute-Repeater - Perpetual Calendar”. Produced in 1997, this extraordinary timepiece is a unique, fine and rare, astronomic, grande et petite sonnerie minute-repeating, platinum and diamond set wristwatch with perpetual calendar, equation of time, moon phases and 24 hour display.

Estimate: $ 300,000 - $ 350,000

     

 

"The Antiquorum team of internationally recognized experts have worked tirelessly to assemble an extraordinary selection of sought-after timepieces, " said Evan Zimmerman, President & CEO, Antiquorum USA. "From the first-ever produced Patek Philippe Reference 5020 to the unique Franck Muller Caliber 97, the timepieces included in this sale will draw collectors from all over the world.”

 

Online catalogue – The catalogue for this auction will be posted online at www.antiquorum.com two weeks prior to the sale. New and returning clients may register for online bidding at that time. After receiving a paddle and a pin number, clients have the option of placing absentee bids directly on the site, or bidding interactively on auction day. For those collectors, who are simply interested in following the auction as it progresses, a live internet broadcast will take place on the same site, for which no registration is required. Sale results for the traditional auction will be posted online after the sale.




Auction:

Antiquorum Auctioneers
The New York TimeZone
595 Madison Avenue, 5th fl.
New York, NY 10022

Wednesday, December 10
1st Session: at 5 pm

Thursday, December 11
Second Session: 11 am
Third Session: 2pm


Auction Previews:

Shanghai:

November 23 & 24 11:00 am – 7:00 pm

Tourneau Shanghai XinTianDi Store VIP Club ( third floor)
Building 3, No 333 South Huang Pi Road and Shanghai
Tel: +86-21-63351268

Hong Kong:

November 26 & 27: 11:00am – 7:00pm

Antiquorum Auctioneers (HK)Ltd.
Suite 1405, 9 Queen’s Rd.
Central Hong Kong
Tel: + 852 2522 4168

Tokyo

November 29 & 30: 11:00am - 7:00pm

Rodeo Drive
Jiyugaoka Yakumo 3-24-9
Yakumo, Meguro-ku Tokyo
Tel: +81-3-3239-8515

Beverly Hills:

December 2: 11 am-7 pm
December 3: 10 am – 6pm

Hours Minutes Seconds
The Beverly Hilton
9876 Wilshire Blvd.
Beverly Hills, CA 90210
Tel: +1 310 274 -4710

New York:
December 7: 2pm -7pm
December 8: 10am -7pm
December 9: 10 am -8 pm
December 10: 10 am – 5pm
December 11: from 9 am

Antiquorum Auctioneers
The New York TimeZone
595 Madison Avenue, 5th fl.
New York, NY 10022


Next Antiquorum Auction – New York- March 5, 2009


About Antiquorum

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 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 in 2004, the unique white gold Calibre 89, also by Patek Philippe, was sold for SFr. 6,603,500 (US$ 5,002,652).
 

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