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Patek Philippe Ref. 3979 and 5029 Drive Outstanding
Resultsat Antiquorum Auction
Antiquorum “Important Modern and Vintage Timepieces”
auction was successfully held on Saturday, June 28 at the Mandarin
Oriental Hong Kong, totaling HKD$
50,719,125.The auction of 532 fine
and highly collectible timepieces attracted a standing room only
crowd, in addition to several hundred registered internet bidders and
phone bidders from around the world. Strong prices were achieved
resulting in 114%
sold by value.
The top lot of
the sale was the Patek
Philippe Ref. 3979 minute-repeating platinum wristwatch with enamel
dial (Lot 531), resulted in the outstanding
total of HKD
$3,630,000 including
buyer’s premium.
Highlighting the
sale was the exceptional Patek
Philippe Ref. 5029 (Lot 532), minute repeating wristwatch
in Platinum. The extremely rare and collectible
wristwatch was sold to an Asian phone bidder at HKD$ 3,570,000 including
buyer’s premium.
“We
are proud to continue to offer great examples of the most
sought-after timepieces at auction,” said Evan Zimmermann, President
& CEO. He continued, “Collectors in the room and on the
Internet aggressively bid on modern timepieces offered in the auction,”
Patek Philippe
realized spectacular prices in the sale. A number of wristwatches
inspired fierce competition, which demonstrated global collectors’
passion for Patek Philippe wristwatches. Among the series of notable
Patek Philippe wristwatches, the very rare and fine Patek Philippe Ref. 2438
Perpetual Calendar Wristwatch( Lot 530) with
insignia on the dial and an 18K yellow gold Tiffany & Co
tile braceletsparked collectors’ interest and was sold for HKD$ 2,430,000 including buyer’s
premium. Patek
Philippe Ref.5004P platinum wristwatch with split-seconds chronograph
(Lot 122) also did very well sold for HKD$ 1,830,000 including
buyer’s premium. Patek Philippe Ref 5961P (Lot 115)
aroused great interest and inspired intense competition, finally
selling for a notable HKD$1,290,000
including buyer’s premium.
Rare pocket
watch and clocks made for the Chinese market in exceptional condition
continue to galvanize collectors worldwide. Volta a set of 2 minute
repeating Chronograph pocket watch (Lot 502).It drew
much attention from the bidders as well and achieved an outstanding
price of HKD$725,000
including buyer’s premium, over 5 times of its pre-sale
estimate. Mirror Image Pair of Chinese Bronze & Red Lacquer
Elephant clock (Lot 503) also did very well sold for
at HKD 237,500
including buyer’s premium.
Antiquorum looks
forward to its next auction which will be held on September 18 in New
York, offering a collection of exceptional wristwatches from leading
brands such as Patek Philippe and Rolex.
Antiquorum is
going to launch an Asian Valuation tour from July 16 to August 30,
2013. Collector may take this opportunity to consign the fine
timepieces to Antiquorum October Hong Kong auction.
The
“Top Lots” of the June 28 sale are as follows:
Patek
Philippe Ref. 3979 minute-repeating platinum wristwatch with enamel
dial and a platinum Patek Philippe buckle.
Very fine and very rare, the wristwatch was made in 1999. Accompanied
by a fitted mahogany presentation box and the Extract from the
Archives.
Lot
531
Estimate:
HKD 3,000,000-4,600,000
Sold
including Buyer’s Premium: HKD$3,630,000
Patek
Philippe Ref. 5029 minute repeater platinum,
made in a limited edition of 10 pieces in 1997 to commemorate the
inauguration of the new Patek Philippe factory in Geneva. This is
very fine and extremely rare, minute-repeating, self-winding, platinum
Chronometer wristwatch with a platinum Patek Philippe buckle.
Accompanied by the Extract from the Archives and commemorative medal.
Lot
532
Estimate:
HKD 3,000,000-4,600,000
Sold
including Buyer’s Premium: HKD$3,570,000
Patek
Philippe Ref. 2438-1 18K yellow gold wristwatch
with perpetual calendar, moon phases , insignia on the dial and an
18K yellow gold Tiffany & Co tile bracelet. Made in 1955 and sold
in 1963. Accompanied by the Extract from the Archive. Extremely fine,
extremely rare and elegant, this particular example unseen to the
market is the first example ever to feature an insignia at twelve o
clock.
Lot
530
Estimate:
HKD 2,100,000-2,700,000
Sold
including Buyer’s Premium: HKD$2,430,000
Girard
Perregaux Ref. 99720 Vintage 1945 Jackpot Tourbillon in 18K pink gold
with slot machine. Made circa 2007, the
very fine and unique wristwatch features a striking mechanism and 18K
pink gold Girard-Perregaux deployant clasp.
Lot
200
Estimate:
HKD 1,200,000-1,500,000
Sold
including Buyer’s Premium: HKD$1,830,000
Patek
Philippe Ref. 5004P platinum wristwatch with split-seconds
chronograph. Made in 2008, the very fine, rare
and important wristwatch features perpetual calendar, moon phases,
leap year, 24 hour indication and a platinum Patek Philippe deployant
clasp. Accompanied by the original fitted wooden box, Certificate of
Origin, instructions, additional solid platinum case back, setting
pin and hang tag.
Lot
122
Estimate:
HKD 1,700,000-2,200,000
Sold
including Buyer’s Premium: HKD$1,830,000
Patek
Philippe Ref. 5961P chronograph platinum wristwatch with sapphire-set
bezel. This is a very fine and rare
Platinum and 36 baguette sapphire wristwatch with round button
Flyback chronograph, combined 30/60-minute and 12-hour totalizer,
annual calendar, power reserve, day/night indications and a platinum
Patek Philippe deployant clasp with 22 baguette sapphire .
Lot
115
Estimate:
HKD 600,000 – 800,000
Sold
including Buyer’s Premium: HKD$1,290,000
Franck
Muller Ref.98 Unique Piece Casino Grande and Petite Sonnerie Minute
Repeater in Platinum and Diamonds.
Made in the 1990s. This is a very fine and unique, extremely rare,
grande petite sonnerie minute- repeating, platinum and diamond-set
pocket watch, double faced with roulette automation in the back.
Accompanied by the Certificate of Origin.
Lot
135
Estimate:
HKD 800,000 – 1,600,000
Sold
including Buyer’s Premium: HKD$990,000
Harry
Winston Opus 7, No. 10/50, 18K white gold wristwatch.
This is a very fine and very rare wristwatch, which was made in a
limited edition of 100 examples in 2007 with 60-hour power reserve
and an 18K white gold Harry Winston buckle. Sold in 22ndSeptember
2008. Accompanied by the original fitted box, instruction manual and
warranty.
Lot
198
Estimate:
HKD 700,000 – 1,000,000
Sold
including Buyer’s Premium: HKD$930,000
Rolex
Ref. 6200, Explorer dial. Made in 1954.
This is a fine and very rare stainless steel diver's wristwatch
with bidirectional revolving black bezel , large 8 mm. winding
crown and a stainless steel Rolex Oyster riveted bracelet.
Accompanied by extra link (1).
Lot
443
Estimate:
HKD 430,000 - 580,000
Sold
including Buyer’s Premium: HKD$930,000
Girard
Perregaux Ref.99522, Unique Piece Minute Repeater in White Gold.
No. 1/1, Ref. 99522. Made circa 2000s. This is an extremely fine,
very rare and important, water-resistance, hand-winding,
minute-repeating white gold wristwatch with an 18K white gold
Girard-Perregaux deployant clasp.. Accompanied by an original fitted
box, certificate of origin, the key for the fitted box, instruction
booklet, booklet for GP complication
Lot
389
Estimate:
HKD 690,000 – 1,000,000
Sold
including Buyer’s Premium: HKD$870,000
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, London,
Milan, Munich, Moscow, Paris, Shanghai and Tokyo.
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