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Jaeger-LeCoultre Online Auction Benefits UNESCO World Heritage Site

JLC Geophysic Chronometer

Jaeger-LeCoultre presents its second online auction, taking place from March 18, 2010, to benefit the UNESCO World Heritage Center. This year, the Manufacture is offering an iconic and unique timepiece: one of the two vintage 1958 Geophysic Chronometers Model E168 tested by professional climber Stephane Schaffter and his team during their recent Geophysic Expedition to the Himalayas.

Patek, Cartier Highlight Patrizzi & Co. Auction March 9 in NYC

Patek Philippe ref. 2526

Patrizzi & Co. will open their 2010 season in New York City on March 9 with a sale titled “Timeless Emotions—Collecting Pocket Watches, Wristwatches and Clocks”. The sale includes more than 150 collector pieces. Highlights include a 1929 gold and nephrite Cartier table clock featuring grande sonnerie chimes—one of two clocks with the most complicated mechanism ever made by the company.

Antiquorum’s Spring Auction Includes Rare Greubel Forsey Double Tourbillon

Greubel Forsey Double Tourbillon

More than 400 collector timepieces will be on the block at Antiquorum’s Spring Sale, March 10 and 11 at its U.S. headquarters in New York. Sale highlights include a Greubel Forsey Double Tourbillon (estimate $200,000 to $300,000), an Audemars Piguet Jules Audemars Tourbillon Répétition Minutes QP (estimate $300,000 to $350,000), and remarkable timepieces from the collection of internationally acclaimed artist Arman, including a Patek Philippe Ref. 3971 estimated at $70,000 – $90,000.

Christie’s Auction Features Thomas Jefferson’s Watch Key

Jefferson's watch key

Christie’s Americana Week sale takes place January 21-25 at Rockefeller Plaza in New York. The sale includes a unique watch key owned by Thomas Jefferson. The key contains a lock of his wife’s hair and is inscribed “Martha W. Jefferson Born 19 Oct. 1748, Died 6 Sept. 1782.” Jefferson, who never remarried, pledged to always remember his wife. It is believed that Jefferson commissioned this watch key as a means of fulfilling that promise.

Patrizzi & Co. NYC Auction Totals $4.2 Million

Patrizzi Auction New York City

Patrizzi & Co. closed 2009 in New York City with an auction focused on collector-level timepieces offering just 93 lots. The sale generated $4,225,300, with Patek Philippe accounting for more than half the total value. Patrizzi & Co. finishes the year with sales over $34 million from eight auctions in New York, Geneva and Milan. A yellow gold Patek Philippe ref. 2499 Second Series brought the top price at $720,000.

Patek Ref. 3974 Sets World Record at Antiquorum Auction

Patek Philippe Ref. 3974

A platinum Patek Philippe ref. 3974 with three dials sold for a record $1.2 million on December 9 at Antiquorum’s 35th Anniversary year-end sale in New York. A Patek ref. 5101P Ten Days Tourbillon retailed by Tiffany & Co. brought $295,200, and a Patek ref. 3450 with rare display-back case achieved $270,000. A Rolex ref. 1665 Double-Red Sea Dweller owned by famous diver Patrice Chemin sold for an extraordinary $162,000 – six times the presale estimate.

Patrizzi & Co. December 14 NYC Auction Includes Custom Patek 3970 Set

Patrizzi Auction New York City

On December 14 in New York City, Patrizzi & Co. will offer an extremely rare set of four Patek Philippe perpetual calendar chronographs, ref. 3970, featuring custom dials with diamond indexes. The set consists of four pieces, one each in 18k yellow, white and rose gold, and one in platinum, with corresponding dial colors. The pre-sale estimate for the set is $750,000 – $1,000,000.

Antiquorum’s December 9 NYC Auction Features Patek 3974, Rolex Comex

Patek Philippe ref. 3974

On December 9 at its New York City headquarters, Antiquorum will auction over 400 timepieces, and the star of the show will be a platinum Patek Philippe ref. 3974 minute repeater perpetual calendar with 2 additional dials. This watch was produced in 1999 and this is only the fourth time in 10 years this reference will be offered at auction. An extract from the Patek Philippe archives is included.

Christie’s Geneva Auction Achieves Over SFr. 19 Million

Patek Philippe Ref. 1526

Christie’s November 16 Geneva auction set nine world record prices for Patek and Rolex references on the way to achieving the highest total for any watch auction in 2009: SFr. 19,032,388, or just under $19 million. This was nearly twice the pre-sale low estimate. The results reflected sales of 97% by value and 94% by lot. 900 bidders from 5 continents participated in the sale live, online and on the telephone.

Patek Philippe Caliber 89 Brings Over $5 Million at Auction

Patek Philippe Caliber 89

A Patek Philippe Caliber 89 sold for $5,042,000 (SFr.5,120,000) at Antiquorum’s 35th Anniversary sale held November 14 and 15 at the Mandarin Oriental Hotel in Geneva. The selling price exceeded the pre-sale estimate of 4.5 to 5 million Swiss francs. Patek created 4 examples of the Caliber 89 in 1989 to mark the company’s 150th anniversary. This example is in yellow gold.