Antiquorum’s Auction Season Ends With a Bang

Patek Philippe Ref. 3974

A standing-room only crowd at the Mandarin Oriental Hotel competed against more than 250 internet bidders from over 40 countries at Antiquorum’s 2009 Hong Kong auction. The sale brought a total of HKD 45,453,120 ($5,864,199). 82% of the 479 lots offered were sold, representing 115% of the estimated value. The top price was paid for a rare Patek Philippe Ref. 3974 made in 1990. The astronomic, minute-repeating, self-winding, 18K yellow gold wristwatch with perpetual calendar, leap year indication and moon phases achieved HKD 3,000,000 ($387,049).

Also making strong showing was a platinum, diamond-set Franck Muller Caliber 97 Grande et Petite Sonnerie Minute-Repeater, Perpetual Calendar made in 1997. This piece also incorporated equation of time, moon phase, and 24 hour display complications. It brought HKD 2,820,000 ($363,826). Richard Mille “Tourbillon RM002” No. 57. in 18K white gold with visible one-minute tourbillon regulator, torque indicator and power reserve achieved HKD 816,000 or $105,227. A Rolex “Comex” Sea Dweller Ref. 1665 sold for HKD 768,000 or $99,084.

All prices include buyer’s premium. Antiquorum’s next auction starts the new season on September 16 and 17 in New York.

Patek Philippe Ref. 3974
Franck Muller Caliber 97
Richard Mille RM002
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