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AUCTIONS
World record achieved at Antiquorum Auction in Geneva

March 23, 2010

www.worldwatchweb.com - Antiquorum’s weekend sale of “Important Collectors’ Wristwatches, Pocket Watches, Clocks and Horological Tools”, held at the Grand Hotel Kempinski in Geneva, concluded with an exceptional result of CHF 7’022’000. Of the 466 lots offered at auction, 83% were sold representing 110% by value.

The auction enjoyed lively telephone and Internet bidding in addition to room bidding that came from across the globe including the United Kingdom, Japan, Taiwan, Hong Kong, Italy, China and Switzerland.

A world-record was achieved for a unique Patek Philippe enamel dome clock “Le Tour du Monde de Magellan” Ref. 797 E (lot 231) which sold to an Asian collector for an impressive CHF 174’000 after very intense bidding over the phone.

Lot 231 - Patek Philippe Le Tour du Monde de Magellan Piece Unique Patek Philippe, Genève, "Piece Unique – Le Tour du Monde de Magellan", ref. 797 E. Made as a unique piece in 1971 to celebrate the 450th anniversary of the death of Ferdinand Magellan (1480-1521), and sold on September 13th, 1978. Very fine and unique, solar-powered and electro-mechanical, gilt-brass table clock with polychrome cloisonné enamel panels by AMB, Ann-Marie Barbault, depicting scenes of the Magellan’s exploration. Sold including buyer's premium: 174,000 CHF

Full report:
click here

Source: Antiquorum
www.antiquorum.com

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