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Press Release

Rare Patek Philippe Wristwatches and Elvis Presley’s Corum Offered in Antiquorum’s April Auction

For Immediate Release

March 31, 2016

Rare Patek Philippe ...

New York, March 29, 2016 – Antiquorum Auctioneers, the world’s premier watch auctioneer, is pleased to present its April 20th auction of “Important Modern & Vintage Timepieces” to be held at Antiquorum’s US headquarters located at 805 Third Avenue in New York City. Collectors can look forward to bidding on 259 outstanding timepieces. Highlighting the sale are some exceptional references from Patek Philippe and a Corum “Buckingham” that previously belonged to the King of Rock n Roll, Elvis Presley. Previews will be held at Antiquorum’s showroom in New York on April 15 and April 18th through April 20th.

The highlight of the sale is a Patek Philippe Ref. 5013 in Platinum. Production of this reference started in 1992. It is an extremely rare and important tonneau-shaped, minute-repeating astronomic wristwatch with retrograde perpetual calendar, moon phases and leap year indication. Combining a minute-repeater with a retrograde function sets this highly complex timepiece apart from other watches and offers collectors a rare opportunity to acquire an outstanding example of horological achievement.
Estimate: US$350,000 – 550,000

Another top highlight of the sale is the Patek Philippe Ref. 2497 First Series in Yellow Gold. Produced in 1953, this is a very fine and rare, astronomic, center seconds, 18K yellow gold wristwatch with perpetual calendar and moon phases.
Philippe Ref. 2497
Estimate: $ 150,000 – 250,000

Elvis Presley and Corum fans will be competing for Elvis’ Corum “Buckingham” offered in the April auction. Made circa 1960, this unique and historically important Corum wristwatch was worn by Elvis and gifted to his close friend, Richard Davis. It is a fine and unusual, large, square 18K yellow gold watch accompanied by a box, 8 color photos of Elvis wearing the watch and authentication correspondence.

Richard Davis began working with Elvis in the early 1960’s as his valet, wardrobe assistant stand-in and personal body guard. Davis worked for him until 1971 and remained Elvis’ close friend until his untimely death in 1977. As stated in the accompanying letter of attestation, Elvis wore the watch quite often and one day while he and Davis were conversing removed it from his wrist claiming there was something wrong with the back of it. When Davis turned the timepiece over to inspect it he saw that the case back had been inscribed “To Richard, From E.P.”As detailed in the letter, Elvis then said, “I guess it’s yours now.” The King of Rock n Roll was known for being extremely generous, often giving away his valuable belongings as presents, particularly to the Memphis Mafia (group of friends and employees who surrounded Elvis) so it was not surprising that he gifted his prized Corum to his right-hand man and close friend, Richard Davis.
Estimate: $10,000 -20,000

Also on the auction block is the Richard Mille RM 025 Tourbillon in Titanium and Pink Gold. Made in 2010, this is a fine and unusual curved titanium and pink gold wristwatch with visible one-minute tourbillon regulator, square button chronograph and 50 hour power reserve.
Richard Mille RM 025 Tourbillon in Titanium
Estimate; $120,000 -180,000

Rolex collectors will be drawn to the Rolex Ref. 8171 Padellone no. 249 in Stainless Steel. Made circa 1950, this is a very fine and rare self-winding, antimagnetic, stainless steel chronometer wristwatch with triple date and moon phases.
Rolex Ref. 8171
Estimate: $ 50,000 – 70,000

Girard-Perregaux collectors will be thrilled to see two Three Bridge Tourbillons presented in the spring sale.

The first offered is a Girard-Perregaux Three Bridge Tourbillon for Severin Wunderman in Platinum. Made especially for Severin Wunderman circa 2006. It is a very fine and rare platinum wristwatch with three gold bridges and visible one-minute tourbillon regulator.

The career of Severin Wunderman (1938-2008) spans over several decades in the luxury watch industry. In the early 1970s, he had his first major break when he launched the fashion-forward Gucci timepieces. Yet his biggest success came in 2000 when he purchased Corum and set out to elevate the brand into a new stratosphere. He re-energized the product line with a distinct fresh and young appeal. The outrageous bubble models and the whimsical limited edition timepieces turned the company around to a multi-million dollar success. An avid art collector and philanthropist, in 2005, he was awarded the French Legion of Honor. He continued his life work as a philanthropist by supporting various foundations and also establishing his own The Severin Wunderman Family Foundation focusing on medical research of incurable diseases and The Severin Wunderman Collection of Child Survivor Testimonies From the Holocaust from his experience during his youth.
Girard Perregaux Ref. 9700
Estimate: $35,000 – 55,000

The second of the Three Bridge models offered is an automatic Girard-Perregaux Tourbillon Under Three Gold Bridges in Pink Gold. Made in 2000, it is extremely fine, rare and important 18K pink gold wristwatch with visible one-minute regulator under three pink gold bridges.
Girard Perregaux Ref. 9925
Estimate: $ 40,000 – 60,000

Antiquorum experts are also delighted to present the Patek Philippe Split Seconds Chronograph Minute Repeater in Yellow Gold. Made in 1901, this is very fine and extremely rare 18 Yellow Gold keyless minute-repeating hunting cased pocket watch with split-seconds chronograph and 30 minute register.
Estimate: $55,000 – 75,000

Auction: Wednesday, April 20, 2016, starts at 10 am
Auction location:
Antiquorum Auctioneers
805 Third Avenue, 10th floor
New York, NY 10022
Tel: (212) 750 -1103

Preview Schedule:
Friday, April 15, 10 am – 6pm
Monday, April 18, 10 am – 6pm
Tuesday, April 19, 10 am – 6pm
Wednesday, April 20, 10 am – 2pm

Preview location:
Antiquorum Auctioneers
805 Third Avenue, 10th floor
New York, NY 10022
Tel: (212) 750 -1103

About Antiquorum: Established in Geneva in 1974, Antiquorum has carved its own unparalleled niche in the auction world through its focused expertise in horology and by cultivating a thriving collector's market for timepieces worldwide. The world's premier auctioneer of fine modern and vintage timepieces has set world records for auction sales and holds approximately ten auctions a year in Geneva, New York and Hong Kong, with previews held in major cities worldwide. Antiquorum maintains offices in Bangkok, Beijing, Dubai, London, Milan, Munich, Moscow, Paris, Shanghai, Singapore and Tokyo. WWW.ANTIQUORUM.COM.

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