Industry News – Antiquorum to Open its Fall Auction Season in New York

Antiquorum will open its fall season with a sale of Collector’s Wristwatches,
Pocket Watches & Clocks on Wednesday, September 24th followed by an
A-auction online on Thursday, September 25th. Both auctions will feature a
collection of 300 modern and vintage timepieces. Viewings will be held in
Beverly Hills and New York. 

Over 75 brands are expected to hit the
auction block, including an important number of wristwatches by the Parisian
“watch-architect”, Alain Silberstein.  

The contemporary style and design of this former interior architect and designer,
turned watchmaker, is reflected in two unique wristwatches from the 1990’s,
dubbed “The Day” and “The Night” Tourbillon. Both one-of-a-kind watches, in
brushed stainless steel, feature a visible one-minute tourbillon regulator and
are each estimated to bring $65,000 to $85,000 on auction day.

Other highly desirable wristwatches include two examples from Patek Philippe, Ref.
5039’s. These rare, astronomic, automatic watches feature a perpetual calendar
and moon phase. The example in yellow gold has been estimated at $24,000 to
$28,000 and the white gold example is estimated to bring $26,000 to
$30,000.

Audemars Piguet is represented in the auction by an elegant, rectangular-shaped “Canapé Tourbillon” wristwatch in 18kt pink gold. Only 25 examples of this model were produced by the Manufacture in 2000, making it a collector’s item. It is
estimated to bring $54,000 to $64,000 on auction day.

The A-auction of
September 25th, Antiquorum’s version of an e-auction, will include an array of
collectible wristwatches spanning past decades. Many watches will be offered
without reserve, representing an excellent opportunity for all types of
collectors. 

The printed catalogue for the sale of the 24th, together
with the e-catalogue for the A-auction will be posted on Antiquorum’s site
approximately 2 weeks before the auction. Once the catalogue is available on
www.antiquorum.com clients can register for online bidding. With the use of a
paddle and a PIN number, clients have the option of placing absentee bids before
the auction or bidding interactively on auction day. For the A-auction, faxed
absentee bids are also accepted.  

For those collectors who are simply
interested in following the auction lot by lot, a live internet broadcast will
take place on auction day. This service is free of charge and no advance
registration is required. 

Auction Previews:

Beverly
Hills: 
September 16-17, Grand Havana Room, 
301 North Canon
Drive

New York:
September 20: 10-6p.m.
September 21:
11:30-5:00p.m. 
Tourneau TimeMachine, 57th Street @ Madison

September
22; 3-7p.m.
September 23; 10-7p.m.
September 24; 9:00– 4p.m.
Grand
Havana Room, 666 Fifth Avenue, 39th Floor

7/23/03