Published: October 31, 2006
Antiquorum’s September 20 auction of Important Collectors’ Wristwatches, Pocket Watches & Clocks, held at 12 East 57th Street, resulted in a total of $6,144,602. Bidders from around the globe, including Taiwan, Ukraine and Italy, enthusiastically vied for the 365 lots offered in the sale, which sold 84.93 percent by lot and 108 percent by value. Some 265 registered Internet bidders in addition to the telephone, room and commission bidders participated in Antiquorum’s first auction of the fall season.
“Today’s triumphant auction is further proof that expertise in the field of horology coupled with cutting-edge methods such as real time Internet bidding contributes to the continuous impressive results that we see in the American auction market,” said Osvaldo Patrizzi, chairman and founder of Antiquorum Auctioneers.
The auction’s top lot was the Patek Philippe, Genève, minute-repeating, astronomic, self-winding, 18K yellow gold gentleman’s wristwatch with perpetual calendar and moon phases, which sold for $400,400. Other top lots were a Patek Philippe, Genève, 10-Day Set, which brought $282,800, and the Audemars Piguet, Genève, Triple Complication, which achieved $128,900, almost tripling its presale estimate of $40/50,000.
The Royal Oak Pink Gold Jay-Z, fetched $82,010. A FP Journe did well with a Platinum Vagabondage, which fetched $94,400. Rolex was also sought after with a SBS Submariner, which realized an outstanding price of $23,600.
Other top lots at the auction included another Patek Philippe, Genève, astronomic, water-resistant, platinum and diamonds gentleman’s wristwatch with split-seconds chronograph, registers, perpetual calendar, moon phases, $204,800, and The Celestial Wristwatch, astronomic, self-winding, water-resistant to 25 meters, 18K white gold gentleman’s wristwatch with mean solar time indication, nocturnal sky chart of the Northern Hemisphere, moon phases and moon orbit, time of the meridian passage of Sirius and moon, which sold for $180,650.
A stainless steel Patek Philippe & Cie, made in 1944, was an early water-resistant watch with round button chronograph, register and tachometer that sold for $169,150. An International Watch Co., Schaffhausen, Il Destriero Scafusia, made in a limited edition of 125 examples went for $154,200; another Audemars Piguet, Genève, brought $123,150, this was the Royal Oak, Tourbillon chronograph, a large, water-resistant, stainless steel gentleman”s wristwatch with visible one-minute tourbillon regulator, round button chronograph; two other Audemars Piguet, the so-called Grande Complication, made $117,400 and the Répétition-Minutes Quantième Perpétuel, an astronomic, platinum minute-repeating, keyless dress watch with perpetual calendar, moon phases and lunar calendar, doubled its presale estimate to go out at $112,800.
All prices given reflect the buyer’s premium. For more information, www.Antiquorum.com.
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