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Press Release

Rare Rolex Highlights Antiquorum’s March Auction in Geneva

For Immediate Release

March 17, 2014

Rare Rolex Highlights ...

Geneva, March 17, 2014 – Antiquorum’s March 16 auction of “Important Modern & Vintage Timepieces” totaled CHF 3,375,637. The auction of 383 collectible timepieces drew 477 registered internet bidders in addition to the many room and phone bidders from around the globe. International participation came from countries such as China, Hong Kong, Italy, Germany, the United States and Switzerland.

The highlight of the sale was the Rolex Ref. 6200 with Explorer Dial (lot 187). The extremely rare Rolex, known as one of the holy grails for Rolex collectors, inspired an intense bidding war between two phone bidders and a room bidder, finally selling for CHF 183,750, over twice the high estimate.

Other remarkable results were achieved by Rolex in the Antiquorum sale. The Rolex Ref. 1831/1850 Platinum Day Date No 001/8 (lot 189), a watch that was previously unknown to the market and thought to have been ordered exclusively by the Shah of Iran to gift to dignitaries, elicited fierce competition between two phone bidders and two room bidders ultimately selling for CHF 165,750. Also achieving a strong result, the ever popular and highly collectible Rolex Ref. 6239 Paul Newman (Lot 360) sold for CHF 93,750.

“We are extremely pleased with the outcome for the Rolex Ref. 6200 with Explorer Dial in our March sale,” said Julien Schaerer, Managing Director & Auctioneer, Antiquorum Geneva. “As confirmed by today’s results, exceptional examples from Rolex continue to beat previous records and achieve extraordinary prices at auction.”

The rare Vacheron Constantin Ref. 4261 Minute-Repeater in pink gold with two-tone silver dial (lot 383) was acquired for CHF 123,750.

Attracting considerable attention from collectors was the Patek Philippe Observatory with Luminous Dial (lot 382). Never before seen at auction, the possibly unique and extremely fine stainless steel Staybrite wristwatch garnered an amazing CHF 111,750, nearly three times its high estimate.

“Unusual and rare Patek Philippe watches continue to drive important results, “said Etienne Lemenager, Watch Expert & Director, Antiquorum Geneva. “ The highly competitive bidding for the Patek Philippe Observatory with Luminous Dial in today’s auction demonstrated that even small examples in steel are generating tremendous excitement amongst the collector community.”

Also in demand was the Patek Philippe Ref. 1489 “Poissons Des Caraibes” Pendulette Dome Clock (lot 347). The unique solar-powered and electro –mechanical brass table clock with polychrome cloisonné enamel panels depicting tropical marine fish of the Carribbean attained CHF 105,750. Another fine example from Patek Philippe enticed bidders; the rare Patek Philippe Ref. 3971(lot 348) with perpetual calendar beat its high estimate and was acquired for CHF 99,750.

Singing bird box fans aggressively competed for the Old Master Style Painted Singing Bird Box (lot 114) offered in the March 16 auction. Swiss and made circa 1910, the fine and unusual bird box sold for an incredible CHF 35,000, almost six times its high estimate.

Finally, a J. Ullman & Co. Chinese Market Minute Repeating Chronograph Hunting Case (lot 118) inspired excitement in the auction room; the 18K yellow gold, pearl-set and painted on enamel pocket watch sold for CHF 45,000, over twice its high estimate.

Antiquorum looks forward to its next auction on April 9th in New York which will encompass an extraordinary collection of modern wristwatches from leading brands such as Patek Philippe and Rolex.

The “top lots” for the sale are as follows:

Lot 187
ROLEX, REF 6200, EXPLORER DIAL Rolex, Oyster Perpetual, Submariner. Made circa 1954. Fine and very rare, center seconds, self-winding, water-resistant, stainless steel diver's wristwatch with bi-directional revolving black bezel, large 8 mm.winding crown and a stainless steel Rolex Oyster riveted bracelet.
ROLEX 6200
Sold for: CHF 183,750

Lot 189
ROLEX REF 1831/1850 PLATINUM DAY DATE NO. 001/8 Rolex, "Oyster Perpetual, Day-Date, Superlative Chronometer Officially Certified. Made in 1977. Very fine and very rare, tonneau-shaped, center seconds, self - winding, water-resistant, platinum and diamonds wristwatch, day, date and a platinum Rolex bracelet with platinum double deployant clasp.
ROLEX 1831
Sold for: CHF 165,750

Lot 383
VACHERON & CONSTANTIN, REF. 4261 MINUTE REPEATER - PINK GOLD & TWO-TONE DIAL. Completed in 1945. Extremely fine and important, minute-repeating, 18K pink gold wristwatch with two-tone silver dial.
Sold for: CHF 123,750

Lot 382
PATEK PHILIPPE OBSERVATORY, LUMINOUS DIAL Patek Philippe & Cie, Genève, "Calatrava Observatory type", Ref. 96 Produced in 1903, sold on February 5th, 1936. Possibly unique and extremely fine and rare stainless steel Staybrite wristwatch with subsidiary seconds dial at 9. Accompanied by an Extract from the Archives.
Sold for: CHF 111,750

Lot 347
PATEK PHILIPPE, REF. 1489, "Pièce Unique - Pendulette Dôme "Poissons des Caraibes", the cloisonné enamel panels signed CC. Made in 2004, sold on June 14, 2004. Very fine and unique, solar-powered and electro-mechanical brass table clock with polychrome cloisonné enamel panels depicting tropical marine fish of the Caribbean. Accompanied by a Patek Philippe fitted box, Certificate of Origin and the Extract from the Archives.
Sold for: CHF 105,750

Lot 78
ROLEX, REF. 18956BR - SPECTACULAR SPECIAL EDITION PLATINUM & DIAMOND DAY-DATE Rolex, "Oyster Perpetual Day-Date, Superlative Chronometer Officially Certified". Sold by Bucherer, Geneva on February 10, 2010. Extremely fine and impressive, heavy platinum, center-seconds, self-winding, water- resistant wristwatch set with a total of 113 (approx. 11.37 carats) of baguette white diamonds, day, date and a solid platinum and diamond-set Pearlmaster bracelet with platinum deployant clasp. Accompanied by a Rolex fitted box and Guarantee.
ROLEX 18956
Sold for: CHF 99,750

Lot 348
PATEK PHILIPPE REF 3971 YELLOW. Made in 1987. Very fine and very rare, astronomic, 18K yellow gold wristwatch with round button chronograph, registers, perpetual calendar, moon phases and an 18K yellow gold Patek Philippe buckle. Accompanied by the original pouch, the Extract of the Archives and push pin.
PATEK 3971
Sold for: CHF 99,750

Lot 360
ROLEX REF. 6239 PAUL NEWMAN BLACK DIAL STEEL Rolex, "Oyster Cosmograph". Made in 1967. Very fine and very rare, water-resistant, stainless steel wristwatch with round-button chronograph, registers, tachometer and a stainless steel Rolex Oyster folded bracelet (Ref. 7835).
ROLEX 6239
Sold for: CHF 93,750

Lot 319
AUDEMARS PIGUET PLATINUM & DIAMOND GRANDE & PETITE SONNERIE & REPEATING - EXCEPTIONAL WRISTWATCH. Made in very few examples, circa 2000. Extremely fine and important, water-resistant, Grande et Petite Sonnerie, platinum wristwatch, the case set with a total of 399 round white diamonds, striking the hours and the quarters and with quarter-repeating, diamond-set dial and a platinum Audemars Piguet buckle. Accompanied by an Audemars Piguet fitted box.
Sold for: CHF 83,750

Lot 320
F.P. JOURNE VAGABONDAGE II, FIRST EXAMPLE IN PINK GOLD F.P. Journe, Invenit et Fecit, No. 50/68VII. Made in a limited edition of 68 pieces, sold on August 10th, 2011. Very fine and very rare, tonneau-shaped, 18k pink gold wristwatch with instantaneous jumping hours and minutes, power reserve indication, 18K pink gold movement and an 18K pink gold F. P. Journe deployant clasp. Accompanied by the original box and certificate signed by F.P. Journe.
Sold for: CHF 75,000

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 Beijing, Dubai, London, Milan, Munich, Moscow, Paris, Shanghai and Tokyo. WWW.ANTIQUORUM.COM.

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