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Results of Antiquorum's Watch Auction

October 2000




Clocks, watches and wristwatches set record prices at Antiquorum's auction
Geneva — Antiquorum's auction of Important Collector's Watches, Wristwatches and Clocks, held October 15, at the Hotel des Bergues, aroused strong interest from collectors worldwide and totaled SFr. 5'771'202 (US$ 3,279,100) --- percentage sold = 100% by value and 67% by lot. As many as 33 clients bid online via the web-site of Antiquorum Online (www.antiquorum.com), achieving a total sold online of SFr. 147'173 (US$ 83,621) and 1,700 viewed the sale online.
The magnificent watch entitled “The Spring”, attributed to Piguet & Meylan, with enamel painting attributable to Jean-Abraham Lissignol, achieved the outstanding price of SFr. 905'500 (US$ 514,490), a top auction result for a classical, round, musical watch, enameled by Lissignol, made for the Chinese market. This watch is from a pair, the other being in the “Collection Maurice et Edouard Sandoz” exhibited in the “MusÉe d'Horlogerie du Locle”.
Four new Record Prices were set:

- a rare Patek Philippe, astronomic, stainless steel, square button chronograph wristwatch, with register, tachometer, perpetual calendar, moon phases that sold for SFr. 1'433'500 (US$ 814,490);

- a Breguet 18K yellow gold aviator's writstwatch with “retour en vol” round button chronograph and register, made in only 3 examples, that sold for SFr. 86'000 (US$ 48,865);

- an unusual 18K gold form watch designed as a miniature book of the Koran, for SFr. 130'500 (US$ 73,865;

- a gold Patek Philippe pocket Chronometro Gondolo, that sold for SFr. 43'700 (US$ 24,830) to a Swiss Private Museum



From Antiquorum's press release