All Entries in the "Auctions" Category
Patrizzi & Co. New York Auction Generates $2,901,850
Sales in the Patrizzi & Co June 15 auction reached nearly $3 million with 145 of the 233 lots sold. The top lot was a minute repeater by F.P. Journe, featuring Grande et Petite Sonnerie striking chimes, which sold for $400,000. An eight-day Cartier Mystery clock with platinum, rock crystal and diamonds made in the 1940s attained $280,000. An 18k yellow gold Patek Philippe World Time with a cloisonné enamel dial fetched $140,000.
Patek Philippe ref. 5104 Brings $576,000 at Antiquorum Sale
On Thursday June 10 bidders watched as Antiquorum’s New York Spring Sale generated $4,511,268. The auction room was filled and 420 bidders registered online. Eighty-three percent of the 364 lots offered were sold, and 114% were sold by value based on the low estimates. Bids came in from Italy, the Netherlands, China, Israel, the Russian Federation, Japan, and the United States.
Patrizzi & Co. June 15 NYC Auction Highlights World Time Pieces
World Time watches and clocks are collector favorites. Along with dual-time watches, these timepieces are particularly relevant in this era of global interaction. For its June 15 sale in New York, Patrizzi & Co Auctioneers will present a selection of “World Time” men’s and women’s wristwatches, pocket watches and clocks, along with other collector-level timepieces.
Antiquorum’s June 10 NYC Auction Has Something for Everyone
On Thursday June 10 at its New York City headquarters, Antiquorum will offer 364 modern and vintage timepieces for collectors of all stripes. Pre-sale viewings will be held in Hong Kong, Shanghai, Tokyo, Los Angeles, Greenwich and New York. The highlight of the sale is a modern Patek Philippe Ref. 5104, produced in 2008, expected to sell for $500,000 to $700,000.
Christie’s Geneva Sale Realizes Over $21 Million
Christie’s Geneva sale of important watches generated an impressive $21,099,940, far exceeding the pre-sale high estimate of about $15.8 million. Nearly 370 watches were offered with 96% selling by value and by lot. The sale included “A Connoisseur’s Vision, Part II”, and along with the “Connoisseur’s Vision Part I” group offered this past November, the two sales represent the most important private Patek Philippe collection ever offered at auction, and the most expensive collection ever sold.
Antiquorum’s Geneva Sale Achieves Over SFr.6.3 Million
Antiquorum’s last Geneva sale of the Spring season, “Collecting Modern & Vintage Timepieces”, held at the Mandarin Oriental Hotel this weekend past, achieved CHF 6′327’428, with 84% of the 500 lots being sold. The sale saw strong in-room presence and lively telephone and Internet bidding, with international participation including bidders from France, Germany, Switzerland, USA and the United Kingdom. Asian bidders from Hong Kong, Taiwan and China competed aggressively to acquire some of the most important pieces.
Breguet Manuscript Brings Over $2 Million at Patrizzi Auction
Patrizzi & Co. sold a manuscript by Abraham-Louis Breguet for a record 2.3 million Swiss Francs (approx. $2,078,000) on Friday, May 7, in Geneva. Nicolas G. Hayek, president and CEO of Montres Breguet S.A. purchased the 354-page document on behalf of the Breguet Museum in Paris. Dictated by Breguet to his assistant over the last five years of his life, it is one of the most important horological documents in existence with in-depth explanations and drawings of Breguet’s many innovations and watchmaking legacy.
Sotheby’s Geneva Sale Generates Over $6 Million
Sotheby’s May 9 Geneva sale saw international collectors out in force, staking their claim both for big brands and, even more noticeably, for rare and historic timepieces. In total, the sale realized $6,338,588, well within pre-sale expectations. 53% of the lots sold achieved prices in excess of high estimate, with sell through rates of 78.4% by lot and 81.8% by value.
Antiquorum’s May 8-9 Geneva Auction Offers Many Delights
Antiquorum’s Important Collectors’ Wristwatches, Pocket Watches, & Clocks Auction, to be held on Saturday and Sunday May 8 and 9 at the Mandarin Oriental Geneva, will offer more than 450 selected vintage and modern timepieces for sale. Top items include a Patek Philippe 10 Day Tourbillon, an Audemars Piguet Cabinet No. 2, the Jaeger-LeCoultre Gyrotourbillon No. 1/1 Piece Unique, and more.
Patrizzi to Auction Historic Original Breguet Manuscripts on May 7
On May 7 in Geneva, Patrizzi & Co. will auction a historic manuscript written between 1818 and 1823, during the last years of Abraham-Louis Breguet’s life. The document, which recently resurfaced, chronicles Breguet’s horological innovations, the history of his firm, watch calibers and complications, and his overall philosophy and designs. Breguet dictated the text to his assistant Louis Moinet and edited and noted corrections by hand. Breguet died in 1823 before it could be completed.
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