SENSATIONAL AUCTION RESULTS BY ANTIQUORUM
Antiquorum, Geneva, April 13-14, 2002
Auction Total: SFr. 38'253'851 (US$ 23,325,518)

The wristwatch Lot* 608 set the new ALL TIME WORLD RECORD PRICE for ANY WRISTWATCH when it sold today for SFR. 6'603'500. It was Antiquorum's best watch auction total ever & the 2nd best watch auction total internationally to date! Antiquorum's April 13-14 auction realized the outstanding sold total of SFr. 38'253'851 (US$ 23,325,518), more than double the pre-sale total estimate of 16 million. The sale's percentages are: 333% sold in value and 83% sold by lot. Not only was the sale-room full, the Internet audience was also extremely active on Antiquorum Online at www.antiquorum.com.

“To say we are delighted is an understatement!” said Osvaldo Patrizzi, Antiquorum's Chairman, who added: “These are magnificent results and I don't think I could ever have imagined back in 1979, when I started wristwatch sales at Antiquorum, that I would one day have the honor and pleasure of auctioning a wristwatch at 6.6 million Swiss Francs!!!”

The horological tools, workbenches, books and documents, Lots 131-222, which fetched astounding prices, well above their estimates, totaled SFr. 2'184'230 (US$ 1,331,847) and practically all were purchased by the same Middle Eastern collector. Among these is Lot* 222 that sold for SFr. 245'500 (US$ 149,695) setting a WORLD RECORD for ANY HOROLOGICAL letter or DOCUMENT.

Altogether 13 WORLD RECORDS were set in this amazing auction - the 12 others are listed below and were all purchased by the same Asian collector: (Lot* = World Record)

Lot - Sold Price (incl. Premium) - Description - (SFr. Exchange Rate = US$1.64/Euro1.44/UK£2.3)

Lot* 608 - SFr. 6'603'500 / US$ 4,026,524 Patek Philippe, Ref. 1415HU, c. 1939. Probably unique platinum “World Time” wristwatch. WORLD RECORD for ANY WRISTWATCH.

Lot* 607 - SFr. 4'018'500 / US$ 2,450,305 The Uncovered Amphora, attrib. Piguet & Capt, c. 1805. Magnificent gold, enamel, pearl-set musical watch, designed as an Amphora, with automaton scene - the second of a pair. WORLD RECORD for ANY ENAMELED WATCH.

Lot* 606 - SFr. 2'918'500 / US$ 1,779,573 Patek Philippe, Ref. 130, of 1944. Rare white gold square button chronograph wristwatch.WORLD RECORD for ANY CHRONOGRAPH wristwatch.

Lot* 130 - SFr. 2'753'500 / US$ 1,678,963 Patek Philippe, Ref. 1415HU, c. 1939. Rare pink gold “World Time” wristwatch with cloisonnÉ enamel dial of 4 continents. World Record for this model.

Lot* 591 - SFr. 1'477'500 / US$ 900,915 Patek Philippe, Ref. 1526, 1940s. Rare yellow gold perpetual calendar and moon phases wristwatch.World Record for this type of watch.

Lot* 604 - SFr. 1'213'500 / US$ 739,939 Walter Prendel, 1927-28. Unique pocket chronometer with double-barrel 6 minutes flying tourbillon.World Record for a German pocket watch.

Lot* 129 - SFr. 597'500 / US$ 364,329 Patek Philippe, Ref. 605HU, of 1950. Rare pink gold “World Time” dress watch with cloisonnÉ enamel dial of N. America. World Record for this model.

Lot* 597 - SFr. 575'500 / US$ 350,915 Patek Philippe, Ref. 2499, 1950s. Rare yellow gold round button chronograph wristwatch, perpetual calendar and moon phases. World Record for this model.

Lot* 592 - SFr. 575'500 / US$ 350,915 Patek Philippe, Ref. 605, c.1945, sold to Henry Graves Jr. Rare gold “World Time” dress watch.World Record for this model, without cloisonnÉ enamel dial.

Lot* 581 - SFr. 553'500 / US$ 337,500 Patek Philippe, c.1895. Retailer: A.Sulikowski, Kracow. Rare gold double-train trip minute repeater with chronograph. World Record for this type of watch.

Lot* 125 - SFr. 322'500 / US$ 196,646 Rolex Oyster Chronograph 50m=165ft Anti-Magnetic, Ref. 6036, so-called Jean-Claude Killy, of 1952. WORLD RECORD for ANY ROLEX watch.

Lot* 589 - SFr. 245'500 / US$ 149,700 Patek Philippe, Ref. 3450Q, c.1985. Rare yellow gold self-winding perpetual calendar & moon phases wristwatch. World Record for this type of watch.

Source: Antiquorum press release
April 2002