Patek
Philippe Ref. 2499 Third Series in Yellow Gold & Patek Philippe Ref.
5077 Achieve World Record Results at Antiquorum Auction
Antiquorum’s May 11 auction of “Important Modern & Vintage Timepieces”
totaled CHF 5,352,850. Competitive bidding resulted in world
record prices for a Patek Philippe Ref. 2499 Third Series in yellow gold and a
Patek Philippe Ref. 5077 with enamel dial. Of the 293 collectible
timepieces offered, 84% sold by lot and 122% sold by value, based on the low
estimate.
The highlight
of the sale was unquestionably the exceptional Patek Philippe Ref. 2499
Third Series in yellow gold (lot 293). The rare perpetual calendar provoked
a bidding war between six phone bidders and four room bidders finally selling
for an exceptional CHF 465,750,
nearly twice its high estimate.
“We are
extremely pleased with the outcome for the Philippe Ref. 2499 Third Series in
our May auction,” said Julien Schaerer, Managing Director & Auctioneer,
Antiquorum Geneva. “It is clear from today’s results that the market for
rare timepieces in excellent condition remains robust.”
The
iconic Patek Philippe Ref. 5016 (lot 292) in platinum was also coveted by collectors and
attained CHF 663,750 at the Geneva sale.
Other
stand-out pieces from Patek Philippe also achieved spectacular results.
The Patek Philippe Ref. 5077 with “American Indian” cloisonné dial (lot 290) inspired fierce bidding from
collectors across the world and achieved a remarkable CHF 201,750, exceeding
its high estimate by CHF 80,000 and setting a world record for a Patek Philippe
Ref. 5077.
Also attracting considerable attention, the Patek Philippe
Ref. 5959 Coaxial Split-Seconds Chronograph in platinum (lot 289) attained CHF 243,750.
Vintage
Rolex watches commanded noteworthy prices in the May sale. The Rolex Ref.
6241 Paul Newman (lot 278) was in great demand and sold for CHF 117,750. Also inspiring competitive bidding was
the Rolex Ref. 6538 James Bond, 4 Lines (lot 207) that surpassed its
high estimate and sold for CHF 87,500. In addition, the Rolex “Solo”
watches brought significant results; the black dial Rolex Ref. 6238 “Solo
Rolex” (lot 275) attained CHF 72,500; while the
white dial Ref. 6238 (lot 276) achieved CHF 87,500.
Modern
watch enthusiasts battled over the Richard Mille RM 006 Titanium Tourbillon
07/20 (lot 263) offered in the sale. The tonneau-shaped wristwatch with
one-minute tourbillon elicited intense competition and achieved CHF 177,750
An Omega
with Cloisonne Dial depicting Neptune’s Chariot (lot 233) was highly sought-after;
the extremely rare timepiece, possibly the fourth undiscovered chariot enamel
dial, sold for over twice its high estimate at CHF 97,350.
Finally, a
rare Vacheron Constantin Patrimony Great Explorers “Magellan” Yellow Gold
Wandering Hour Watch with Champleve Dial (lot 121) sold for an
impressive CHF 77,500.
“We are
delighted with the results of today’s auction,” said Etienne Lemenager,
Director and Watch Expert of Antiquorum Geneva. “We saw highly competitive
bidding for the collection of fine timepieces offered in our May sale, with
particularly strong participation from internet and phone bidders.”
Antiquorum
looks forward to its next auction on June 28th in Hong Kong which
will encompass an extraordinary collection of rare wristwatches including an
exceptional Patek Philippe Ref. 5004 in platinum.
The “top
lots” for the sale are as follows:
Lot 292
PATEK
PHILIPPE REF. 5016 PLATINUM. Sold on July 3rd, 2007. Extremely fine, unique and
important, astronomic, minute- repeating, platinum wristwatch with one-minute
tourbillon regulator, retrograde perpetual calendar, moon phases, and a
platinum Patek Philippe buckle. Accompanied by the certificate of origin, COSC,
original Patek Philippe box, extra platinum caseback, setting pin, and a leather
folder with instructions.
Sold
for: CHF 663,750
Lot
293
PATEK
PHILIPPE REF 2499 THIRD SERIES YELLOW GOLD, sold January 19th 1967. Very fine
and very rare, 18K yellow gold wristwatch with round button chronograph,
perpetual calendar, moon phases with a Patek Philippe buckle. Accompanied by
the Certificate of Origin, box and pouch.
Sold for:
465,750 CHF
Lot 289
PATEK
PHILIPPE REF. 5959 COAXIAL SPLIT-SECONDS CHRONOGRAPH, PLATINUM. Sold October
21st, 2009. Very fine and very rare, platinum and diamond wristwatch with
coaxial round button split-seconds chronograph, register and a platinum Patek
Philippe buckle. Accompanied by the Patek Philippe fitted box, Certificate of
Origin and instructions.
Sold for:
243,750 CHF
Lot 290
PATEK
PHILIPPE REF. 5077, PLATINUM, INDIEN D'AMERIQUE CLOISONNE ENAMEL DIAL, SEALED.
Made in a limited production in 2010, sold November 20th, 2010. Very fine and
very rare, self-winding, water-resistant platinum wristwatch with cloisonné
enamel dial and a platinum Patek Philippe buckle. Accompanied by the original
fitted box, Certificate of Origin and booklets
Sold for:
201,750 CHF
Lot 263
RICHARD
MILLE RM006 TITANIUM TOURBILLON "Tourbillon RM 006", No. 07. Made in
a limited edition of 20 pieces circa 2006. Very fine, and unusual,
tonneau-shaped and curved, titanium wristwatch with visible one-minute
tourbillon regulator, 70 hour power reserve and a titanium Richard Mille clasp.
Accompanied by the original box.
Sold for:
177,750 CHF
Lot 278
ROLEX REF.
6241 PAUL NEWMAN, ORIGINAL BOX AND WARRANTY . Sold on December 11th, 1971. Very
fine and very rare, water-resistant, stainless steel wristwatch with
anti-reflective black tachometer bezel, round button chronograph and registers
and a Rolex Ref. 7205 stainless steel Oyster riveted bracelet. Accompanied by
the original warranty, instruction booklet and an overhaul receipt from a
retailer dated 2011.
Sold for:
117,750 CHF
Lot 191
PATEK
PHILIPPE REF. 5970 PINK GOLD. Sold on April 27th, 2007. Very fine,
water-resistant, 18K rose gold wristwatch with square button chronograph,
register, perpetual calendar, moon phases, tachometer and 18K rose gold Patek
Philippe deployant clasp. Accompanied by the original fitted box, Certificate
of origin, Push pin, spare pink gold caseback, hang tag, bill of sale and
instruction booklets.
Sold for:
111,750 CHF
Lot 233
OMEGA
NEPTUNE'S CHARIOT CLOISONNE DIAL AND MOVEMENT. Made on October 6th, 1952. Very
fine and very rare, cloisonné enamel dial depicting Neptune's chariot being
drawn by two seahorses mounted in a later Omega Seamaster Ref. 2767-6 SC
gold-plated case. Accompanied by an Omega extract from the archives.
Sold for:
97,350 CHF
Lot 269
ROLEX REF
5513 SUBMARINER 3-6-9 DIAL Rolex, "Oyster Perpetual, Submariner, 200
m0=660 ft", case No.1125227, Ref. 5513. Made in 1964. Very fine and rare,
center seconds, self-winding, water-resistant, stainless steel wristwatch with
a stainless steel Rolex bracelet with deployant clasp
Sold for:
93,750 CHF
Lot 207
ROLEX REF 6538
JAMES BOND, 4 LINES Rolex, "Oyster Perpetual, 200m/660 ft,
Submariner". Made in 1959. Very fine and rare, center seconds,
self-winding, water resistant, stainless steel diver's wristwatch. Accompanied
by a photocopy of the service invoice from Rolex Geneva dated April 2011
Sold for:
87,500 CHF
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.
1 comment:
Well, that' an interesting sale for the antiques an will sure good for you if you want to put those in your present home or even if you are going to buy a new house but make sure to have a house inspection before buying a new one and then keep these antiques over there.
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