88% of All Lots Sold at Antiquorum Fall Auction in New York
Antiquorum , the world’s premiere watch auction house, fall auction of Important Modern & Vintage Timepieces inspired highly competitive bidding resulting in an impressive 88% of all the lots being sold, totaling $3,426,137.
New York, NY, September 17, 2010 --(PR.com)-- Antiquorum [www.antiquorum.com], the world’s premiere watch auction house, fall auction of Important Modern & Vintage Timepieces inspired highly competitive bidding resulting in an impressive 88% of all the lots being sold, totaling $3,426,137. The auction of 344 exceptional timepieces attracted 454 registered online bidders in addition to the many room, phone and commission bidders. Active bidding came from countries across the globe including Italy, Taiwan, Macao, Australia, Russia, China and Israel as well as the United States.
“We are encouraged by the superb results we achieved today for our first auction of the fall season,” said Julien Schaerer, Auctioneer & Watch Director, Antiquorum USA. "Our September sale confirms that attractively priced timepieces continue to drive strong interest from the worldwide collector community.”
The highlight of the sale was unquestionably the Audemars Piguet Jules Audemars. The 18K white gold diamond wristwatch with one-minute tourbillon and chronograph [lot 120] sold for a remarkable $242,500 after intense competition between room and telephone bidders. Also attracting worldwide attention was the Audemars Piguet Royal Oak Tourbillon 25th anniversary wristwatch [lot 119] which sold for an outstanding $110,500.
In addition, the unique Jean Dunand with 12 complications [lot 344], offered at auction for the first time, stirred interest both in Asia as well as America, selling for $212,500. Breguet obtained an important result in the auction, with the Breguet “Tourbillon Skeleton Perpetual” in platinum [lot 343] achieving $116,500.
Furthermore, Vacheron Constantin and FP Journe attained superb results; The Vacheron Constantin “Tourbillon Malte Squelette”, made in a limited edition of 10 pieces [lot 212], brought an incredible $104,500; while the FP Journe “Chronometre a Resonance” in 18K pink gold [lot 269] sold for $37,500.
“The outcome for our September sale validates the strong demand for exceptional vintage and rare, modern or limited edition watches such as the Vacheron Malte which sold for an impressive $104,500 in today’s auction,” said Charles Tearle, Watch Expert & Director, Antiquorum USA.
Moreover, noteworthy prices were achieved for the Patek Philippe ref. 3971 chronograph with perpetual calendar in yellow gold [lot 331] which realized
$ 94,900 as well as the Patek Philippe ref. 3970 in white gold [lot 332] that sold for $ 86,500.
Additionally, customized Rolex watches continue to do well at auction; the Bamford & Son “Paul Newman” limited edition PVD Daytona [lot 159] sold for $36,250. Furthermore, vintage Rolex sport watches with unusual dials are also sought after by collectors such as the Rolex ref. 6085 with special soccer dial [lot 170] that attained $25,000 in the September sale.
“As online participation continues to increase in our traditional sales, we look forward to offering our clients DirectBid, a new continuous online bidding platform that is available at www.antiquorum.com,” said Evan Zimmermann, President & CEO, Antiquorum. “This new bidding system will allow clients to bid 365 days a year on affordable timepieces with a competitively low buyer’s premium that will appeal to new clients as well as to collectors.”
Antiquorum’s next auction will take place in Hong Kong on October 9th which will feature a singing bird box that belonged to Empress Josephine, vintage Patek Philippe watches, as well as several exceptional enamel watches.
Press Contact: Michelle Halpern
Email: Pressusa@antiquorum.com
Tel: (212) 750-1103
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“We are encouraged by the superb results we achieved today for our first auction of the fall season,” said Julien Schaerer, Auctioneer & Watch Director, Antiquorum USA. "Our September sale confirms that attractively priced timepieces continue to drive strong interest from the worldwide collector community.”
The highlight of the sale was unquestionably the Audemars Piguet Jules Audemars. The 18K white gold diamond wristwatch with one-minute tourbillon and chronograph [lot 120] sold for a remarkable $242,500 after intense competition between room and telephone bidders. Also attracting worldwide attention was the Audemars Piguet Royal Oak Tourbillon 25th anniversary wristwatch [lot 119] which sold for an outstanding $110,500.
In addition, the unique Jean Dunand with 12 complications [lot 344], offered at auction for the first time, stirred interest both in Asia as well as America, selling for $212,500. Breguet obtained an important result in the auction, with the Breguet “Tourbillon Skeleton Perpetual” in platinum [lot 343] achieving $116,500.
Furthermore, Vacheron Constantin and FP Journe attained superb results; The Vacheron Constantin “Tourbillon Malte Squelette”, made in a limited edition of 10 pieces [lot 212], brought an incredible $104,500; while the FP Journe “Chronometre a Resonance” in 18K pink gold [lot 269] sold for $37,500.
“The outcome for our September sale validates the strong demand for exceptional vintage and rare, modern or limited edition watches such as the Vacheron Malte which sold for an impressive $104,500 in today’s auction,” said Charles Tearle, Watch Expert & Director, Antiquorum USA.
Moreover, noteworthy prices were achieved for the Patek Philippe ref. 3971 chronograph with perpetual calendar in yellow gold [lot 331] which realized
$ 94,900 as well as the Patek Philippe ref. 3970 in white gold [lot 332] that sold for $ 86,500.
Additionally, customized Rolex watches continue to do well at auction; the Bamford & Son “Paul Newman” limited edition PVD Daytona [lot 159] sold for $36,250. Furthermore, vintage Rolex sport watches with unusual dials are also sought after by collectors such as the Rolex ref. 6085 with special soccer dial [lot 170] that attained $25,000 in the September sale.
“As online participation continues to increase in our traditional sales, we look forward to offering our clients DirectBid, a new continuous online bidding platform that is available at www.antiquorum.com,” said Evan Zimmermann, President & CEO, Antiquorum. “This new bidding system will allow clients to bid 365 days a year on affordable timepieces with a competitively low buyer’s premium that will appeal to new clients as well as to collectors.”
Antiquorum’s next auction will take place in Hong Kong on October 9th which will feature a singing bird box that belonged to Empress Josephine, vintage Patek Philippe watches, as well as several exceptional enamel watches.
Press Contact: Michelle Halpern
Email: Pressusa@antiquorum.com
Tel: (212) 750-1103
###
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Antiquorum
Michelle Halpern
212-750-1103
www.antiquorum.com
Michelle Halpern
212-750-1103
www.antiquorum.com
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