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Patek Philippe timepieces set two world records at Antiquorum auction
The Important Collectors’ Wristwatches, Pocket Watches & Clocks auction held by Antiquorum on Thursday, September 17th in New York was a smashing success. Besides fetching a sum of $ 9,214,974 the auction managed to create two world records as well. The auction of 414 rare and collectible timepieces drew a standing room only crowd in the auction room, in addition to 490 internet bidders and phone bidders from around the world. Strong prices were achieved resulting in 85% sold by lot and 133 % sold by value.
The Matsuda Collection of extraordinary Patek Philippe wristwatches managed to fetch the highest bids. The platinum Ref. 5013 (lot 412) achieved $564,000; while the Ref. 5016 in platinum (lot 413) fetched $780,000, a world record for the reference. Finally, the Ref. 3939 in platinum (lot 414) sold for $ 684,000, another world record for that reference. All Patek and Philippe timepieces managed to achieve high bids.
Besides Patek Philippe, timepieces from Omega and Cartier also managed to fetch excellent bids. Even the Seiko sold for an incredible $45,600. The Vacheron Constantin wristwatch that was gifted to Marlon Brando by Zsa Zsa Gabor sold for $18,000- six times its estimate. Overall a successful auction, it will surely go down in history for creating not one but two world records!
by namrata, on September 21, 2009 - 6:20 AM in Auctions | Comments () -
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