Wednesday, October 1, 2014

AUCTION RESULTS OF WATCH SALE BY ANTIQUORUM ON 1 OCTOBER IN NEW YORK

KEE@FSWMAG.COM






 Philippe Cousteau’s Rolex Sea-Dweller Sells for $183,750 at Antiquorum Auction

Antiquorum’s successful fall auction of “Important Modern & Vintage Timepieces” held on September 30th at The Hoyt Building in New York totaled a remarkable $3,679, 437. Spirited international participation came from China, Hong Kong, Singapore, Switzerland as well as the United States.  Competitive bidding for the outstanding collection of 229 timepieces offered resulted in 80% sold by lot and 115% sold by value.

The top lot of the auction was the exceptional Vacheron Constantin set of four “Metiers D’Art” Masks [lot 223]. The exquisite set of wristwatches with “Mask” dials day and date caught the attention of the global collector community and sold for $603,750 to a Chinese collector.

Underscoring the sale was the fierce competition for Philippe Cousteau’s Rolex Sea-Dweller Ref. 1665 [lot 199].  Excitement over this rare and important timepiece has been mounting since Antiquorum announced it would be offered for sale. Not only is it the one of the earliest known Sea-Dweller’s but it also has the added distinction of being formerly owned and worn by famed filmmaker and oceanographer, Philippe Cousteau, the son of the legendary Jacques Cousteau. After a very heated battle between bidders, the highly sought-after timepiece sold for an impressive $183,750.

“We are delighted by the spectacular outcome for Philippe Cousteau’s early Rolex Sea-Dweller in our September sale,” said Evan Zimmermann, President & CEO of Antiquorum. “As demonstrated by today’s auction, collectors continue to zealously bid on rare timepieces with important provenance.”

Rare Patek Philippe timepieces achieved important results. The Patek Philippe Ref. 3979 Minute Repeater with Possibly Unique Breguet Dial [lot 117] sold for a noteworthy $351,750. Moreover, both examples of the Ref. 5004 were coveted by collectors; the pink gold example [lot 115] achieved $219,750 while the platinum version with diamond indexes [lot 116] was acquired for $231,750. 

Other exceptional vintage examples from Rolex also obtained outstanding results at Antiquorum’s September sale. The Rolex Ref. 6263 Cosmograph with Tropical Dial in Steel [lot 86], brought $ 87,500, against a pre-auction estimate of $30,000 – 50,000; while the Rolex Ref. 6264  Daytona in Yellow Gold [lot 89] sold for $81,250, twice its low estimate.

The outstanding collection of A. Lange and Söhne timepieces from the property of a private American collector stirred tremendous excitement from collectors across the globe. Each of the 14 timepieces sold above its pre-auction estimate for a combined total of $476,875.

“We are very pleased with our first auction of the season,” said Saori Omura, Watch Director of Antiquorum USA. “ We are particularly thrilled with the outstanding results for the private collection of exceptional timepieces from A. Lange and Söhne which elicited great enthusiasm from collectors worldwide.”

Omega was well represented in the sale with the Omega Speedmaster with Tropical Dial in Steel [lot 84].  The rare chronograph attained $28,750, over three times its high estimate.

Finally, the J. Ullmann & Co. Chinese Market Carillon Grand Sonnerie Minute Repeating Hunting Cased Pocket Watch [lot 70],   was in great demand at the auction.  Phone and internet bidders aggressively competed for the pearl-set and enamel trip minute-repeating pocket watch which ultimately sold for $65,000, over ten times its estimate.

Antiquorum looks forward to its upcoming auction on October 26 in Hong Kong which will include an important collection of modern timepieces from the property of an Italian collector.

The “Top Lots” for Antiquorum’s September 30th auction are as follows:
Lot 223

VACHERON CONSTANTIN SET OF FOUR “METIERS D'ART LES MASQUES 2008,” Ref. 86070. Very fine self-winding, water-resistant, 18K yellow gold, pink gold, white gold and platinum wristwatches with "Mask" dials, day and date and Vacheron Constantin double deployant clasps. Accompanied by a fitted box and certificates. A) Case No. 1156264, 18K pink gold with Mexico Mask B) Case No. 1156118, 18K white gold with Gabon Mask. C) Case No. 1156163, 18K yellow gold with Ritual Buddha Japan Mask. D) Case No. 1156212 Platinum with Papua New Guinea Mask.

Sold for: $603,750

Lot 117

PATEK PHILIPPE REF. 3979 MINUTE REPEATER POSSIBLY UNIQUE BREGUET DIAL WHITE GOLD. Sold on 23rd, 2002. Very fine and very rare, minute-repeating, self-winding, 18K white Chronometer wristwatch with Breguet dial and an 18K white gold Patek Philippe buckle. Accompanied by a Certificate of Origin, fitted mahogany presentation box, instruction booklet, additional hands and enamel dial

Sold for: $351,750

Lot 116

PATEK PHILIPPE REF. 5004 PLATINUM DIAMOND. Sold on September 6th, 2009. Extremely rare and important, water-resistant, platinum and diamond wristwatch with split-seconds chronograph, registers, perpetual calendar, moon phases, leap year, 24 hour indication and a platinum Patek Philippe deployant clasp. Accompanied by a fitted wooden box, Certificate of Origin, additional solid platinum case back, setting pin and leather folio.

Sold for: $231,750

Lot 115

PATEK PHILIPPE REF. 5004 PINK GOLD. Sold on September 25th, 2000. Very fine, rare and important, water-resistant, 18K pink gold wristwatch with split- seconds chronograph, registers, perpetual calendar, moon phases, leap year, 24 hour indication and a 18K pink gold Patek Philippe deployant clasp. Accompanied by the fitted wooden box, Certificate of Origin, instruction booklet, additional solid 18K pink gold case back and setting pin.

Sold for: $ 219,750

Lot 199

PHILIPPE COUSTEAU'S (SON OF JACQUES COUSTEAU) SEA-DWELLER ROLEX REF. 1665 EARLY PATENT PENDING WITH DOUBLE RED MARK I DIAL. Made in 1967. Fine and very rare, center seconds, self-winding, water-resistant, stainless steel diver's Chronometer wristwatch with double red Sea-Dweller logo, helium escape valve, date and a stainless steel Rolex Oyster Fliplock bracelet. Accompanied by six 8 x 10 color photos showing P. Cousteau prominently wearing the watch, a book "Diving Companions" by Jacques Cousteau and Philippe Diole, a red "Cousteau Crew" shirt, a 14 x 11" photo of the sailing yacht and a 14 x 11" photo "Philippe Cousteau at Sea."

Sold for: $183,750

Lot 86

ROLEX, REF. 6263, COSMOGRAPH TROPICAL DIAL STEEL. Made in 1978. Very fine and rare, water-resistant, stainless steel wristwatch with round button chronograph, registers, steel bezel with tachometer and a stainless steel Rolex Oyster bracelet.

Sold for: $87,500

Lot 90

ROLEX REF. 6239 PAUL NEWMAN BLACK DIAL STEEL. Made circa 1964. Very fine and very rare, water-resistant, stainless steel wristwatch with round-button chronograph, registers, tachometer and a stainless steel Rolex Oyster bracelet.

Sold for: $87,500

Lot 89

ROLEX REF. 6264 DAYTONA 14K YELLOW GOLD. Made in 1970. Very fine, water-resistant, 14K yellow gold, wristwatch with round button chronograph, registers, anti-reflective black bezel with tachometer graduation to 200 UPH and a gold- plated Rolex buckle. Accompanied by a 14K yellow gold Oyster bracelet.

Sold for: $81,250

Lot 182

LANGE REF. 410.025 DATOGRAPH PERPETUAL CALENDAR PLATINUM. Made circa 2007. Very fine and rare, platinum wristwatch with square button chronograph, register, tachometer, perpetual calendar with oversized date, day & night indicator and a platinum A. Lange & Söhne buckle. Accompanied by the original fitted box, guarantee, setting pin and instruction manual.

Sold for: $77,500

Lot 70

J. ULLMAN & CO. CHINESE MARKET CARILLON GRANDE SONNERIE MINUTE REPEATING HUNTING CASE YELLOW GOLD & ENAMEL. Made circa 1900. Fine, 18K yellow gold, pearl-set and enamel, keyless hunting cased trip minute- repeating pocket watch

Sold for: $65,000

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.

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