News and Events July 1, 2003 admin
Industry News – Antiquorum Aution Results – World Records Broken
Antiquorum, the world’s leading watch auctioneer, completed its first European auction of the 2003 season on April 13, with a sale of Important Collector’s Watches, Wristwatches, Clocks, Horological Tools & Documents in Geneva, Switzerland.
Over $12,564,000 was achieved from just over 500 lots. Bids from all around the world arrived via varied means, including, written bids, telephone bids, internet bids and bids from the auction floor.
Among the highlights:
A world record for a Patek Philippe chronograph was established with the sale of this Ref 530, an extremely rare, stainless steel gentleman’s oversized wristwatch with square button chronograph, register and tachometer with a stainless steel Patek Philippe deployant clasp and certificate which fetch $675,720.
Also a a world record for a Breguet perpetuelle. This Breguet No. 195/3759, an extremely rare and important, 18k gold, minute repeating, self-winding, perpetuelle with 60-hour power reserve, ball bearings and free-sprung helical balance spring achieved $754,920 at the sale.
Among the other highlights was this rare Patek Philippe ‘World Time’ Ref. 2523/1 complete with extract from the archives and original certificate. It was produced in 1965 and originally sold in October of 1974. It sold for $952,920.
Astronomic, minute-repeating, self-winding, 18k gold Patek Philippe Ref. 3974 with perpetual calendar, leap year indication and moon phases, which was produced in 1992. It went for $319,320.