Geneva, Sunday 13 April 2003

More than SFr 17,450,000!

…private collectors and museums, ever-searching to build and complete their horological collections, make Antiquorum’s April sale in Geneva a major success.

Antiquorum, the world’s leading watch auctioneer, completed its first European auction of the 2003 season with a sale of Important Collector’s Watches, Wristwatches, Clocks, Horological Tools & Documents in Geneva, Switzerland. An outstanding SFr 17,450,000 ($12,564,000) was achieved from just over 500 equally outstanding lots. Bids from all around the world arrived via varied means, including, written bids, telephone bids,
internet bids and bids from the auction floor.

World Records

Lot 160.

A world record for Patek Philippe, No. 863109, case No. 508301, 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 achieved a world record at SFr. 938,500 ($675,720).

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Lot 530.

A world record for a Breguet perpetuelle. 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 Breguet Moracco fitted box which was accompanied by it’s certificate, and was originally sold to a Mr. Henry Perkins on May 28, 1821 for 5000 francs, achieved SFr. 1,048,500 ($754,920) at this 2003 sale.

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Other Stars of the Sale

Lot 393

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The much-coveted Lot 393, Lacloche Frères’ exquisite and delicately carved Lalique glass pendent with miniatures painted by Paillet and movement by Vacheron Constantin, circa 1908, was the subject of fierce bidding between and American, a Japanese gentleman and the Vacheron Constantin Museum, with the Museum finally achieving success at SFr. 218,000 ($156,960).

All the Breguet documents achieved exceptional prices with many being purchased for the Breguet Museum including Lot 236, the rare portrait of Abraham-Louis Breguet painted by Jean Baptiste Isabey, circa 1820, which sold for SFr. 74,750 ($53,820) and Lot 244 a highly important ‘Produits de la Maison Breguet’ four-page document which sold for SFr. 135,500 ($97,560).

The Collection of Polish watches was a great success with every piece being much sought-after. The subject of very competitive bidding, particularly from the American market, this section achieved a tremendous SFr. 340,000 ($244,800).

Lot 559

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And last, but by no means least, the smallest Tourbillon in the world, made in 1945 by Fritz-André Robert-Charrue, managed to achieve one of the biggest prices in the world, selling for an impressive SFr. 619,500 ($446,040).

Top Ten Lots:

Lot 122:

An extremely fine, rare Patek Philippe ‘World Time’, No 724311, case No 313045, Ref. 2523/1 complete with extract from the archives and original certificate. Produced in 1965 and originally sold in October 1974, achieved SFr. 1,323,500 ($952,920).

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Lot 530:

A world record for a Breguet perpetuelle. 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 SFr. 1,048,500 ($754,920).

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Lot 160:

A world record for a Patek Philippe, No. 863109, case No. 508301, 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 achieved a world record at SFr. 938,500 ($675,720).

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Lot 574:

The truly magnificent and extremely rare, Tambourine Piguet et Meylan, No. 6733, in 18k gold with superb images (attributed to Adam) painted on enamel, graduated split-pearl- and turquoise-set center seconds, quarter-repeating, musical watch which plays every hour or on demand and was originally made for the Chinese market, circa 1820, achieved SFr. 718,500 ($517,320).

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Lot 531:

The truly magnificent and extremely rare, Tambourine Piguet et Meylan, No. 6733, in 18k gold with superb images (attributed to Adam) painted on enamel, graduated split-pearl- and turquoise-set center seconds, quarter-repeating, musical watch which plays every hour or on demand and was originally made for the Chinese market, circa 1820, achieved SFr. 718,500 ($517,320).

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Lot 573:

Venus Binding the Wings of Cupid, Piguet & Meylan, No. 6853. An exceptional 18k gold and painted on enamel half pearl- and turquoise-set, musical center-seconds watch with two automaton musicians playing the harp and the lyre respectively, and playing every hour or on demand, achieved an impressive SFr. 619,500 ($446,040).

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Lot 559:

The smallest Tourbillon in the world, made in 1945 by Fritz-André Robert-Charrue, achieved an enormous SFr. 619,500 ($446,040).

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Lot 154:

A rare and really exceptional 18k gold Patek Philippe & Cie, No. 869156, case No. 2642008, Ref. 1436, gentleman’s wristwatch, with square and coaxial button split-seconds chronograph, register, tachometer and 18k gold Patek Philippe buckle, which was originally retailed by E. Gübelin in Lucerne, sold for SFr. 487,500 ($351,000).

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Lot 155:

An exceptionally fine, rare, astronomic, minute-repeating, self-winding, 18k gold Patek Philippe & Cie, No. 1906076, case No. 2867098, Ref. 3974 gentleman’s wristwatch with perpetual calendar, leap year indication and moon phases, which was produced in 1992 achieved SFr. 443,500 ($319,320).

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Lot 532:

A rare 18k gold, triple-train minute-repeating, Grande and Petite Sonnerie, Breguet, No. 2166, clock-watch made in the Garde Temps tradition, with independent trains for the time, striking and chiming, and originally sold to Count Golovkin through Breguet’s agent Moreau for 300 francs on 1 May 1810, sold for SFr. 355,500 ($255,960).

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