Antiquorum‘s New York  sale  of  Important Collectors’ Wristwatches, Pocket Watches & Clocks of 396 varied timepieces sold for an impressive $ 7,257,887 (or over 720 million cents!). The last auction of the year achieved an astounding world wide total of $ 87,027,149 and over $ 110,000,000 including private treaty sales for 2006, in cofirming Antiquorum’s position as the premier auction house for timepieces. This was the second best auction ever in Antiquorum USA’s history. Collectors bought modern and vintage watches at 115 % of their estimate resulting in 83% of all lots sold.  The exceptionally successful auction saw very active telephone and in-house bidding, along with 284 registered internet bidders from around the world. Buyers from the United States were extremely competitive, along with bidding from Russia, China, Spain, Australia, Canada, and Italy.
“This is an auspicious beginning for Antiquorum USA’s headquarters in the heart of New York City", said Osvaldo Patrizzi, Chairman and Founder of Antiquorum Auctioneers.
The star of the sale was lot 392, a “Grande Complication Automatique” Audemars Piguet, Genève wristwatch which sold at US$ 372,400. Many pieces fetched well beyond their estimates. There was very lively bidding for highly collectible watches such as lot 354, a Rolex Submariner in stainless steel retailed by Cartier sold  for $ 84,960,  seven  times its estimate., a world record for this watch. Also Patek sold well with lot 396, a platinum 10-day tourbillon which sold for $ 288,400. In addition, Omega was sought after with lot 124, the so-called “Ploprof “ Seamaster which sold for $ 10,620. Clocks were also very much in demand such as lot  294,” The Eiffel Tower”  sold for $ 14,160, six times its’ estimate.  

Lot 392
“Grande Complication Automatique” Audemars Piguet, Genève, “Jules Audemars – Grande Complication Automatique”, No. 415422, case No. E 19886, Ref. 25806 PT. Made circa 2005. Extremely fine and rare, large, minute-repeating, astronomic, self-winding, platinum gentleman's wristwatch with co-axial round button split-seconds chronograph, register, perpetual calendar with indication of the weeks, moon phases and a platinum Audemars Piguet deployant clasp. Accompanied by a fitted box, 2 extra dials and an open certificate.
SOLD PRICE (incl. Premium)       $ 372,400


Source: Antiquorum

www.antiquorum.com