www.worldwatchweb.com - Antiquorum’s summer auction “Collecting Modern & Vintage Timepieces”, held at the Mandarin Oriental in Hong Kong on Saturday 26 June, achieved excellent results totalling HKD 36’897’120 (CHF 5’243’080; USD 4’743’125), with 81% of the 431lots offered being sold, representing 120% by value.

In addition to the strong in-room presence, the auction enjoyed very active Internet bidding, with 270 bidders registered online in addition to the many telephone and commission bidders. International interest came from across the globe, including the United States, Turkey, Spain, Japan and France.

The top lot of the sale was the Patek Philippe Pink Gold Ref. 3974R. This extremely rare minute-repeating and astronomic timepiece with perpetual calendar and moon phase (lot 430) reached an impressive HKD 3’960’000 (CHF 567’300; USD 509’000 USD).

Full report: Click here

Source: Antiquorum

www.antiquorum.com