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Outstanding Results for Antiquorum’s February Sale in Hong Kong

By webadmin |  February 29 2012


Jaeger LeCoultre White Gold Gyrotourbillon One, No.02/20Hong Kong – Reported by Elite Traveler, the private jet lifestyle magazine

Antiquorum’s first auction of the year, held at the Mandarin Oriental on February 26th in Hong Kong, closed with the outstanding result of HKD$43,551,250.00. In addition to the strong in-room attendance, the auction enjoyed competitive telephone and internet bidding. International participation came from the United States, China, the United Arab Emirates, Japan, Taiwan, Hong Kong as well as Australia. “We are delighted by the results for our first sale of the year,” said Julien Schaerer, Auctioneer & Watch Director. The competitive bidding in today’s sale confirms the increasing interest of Chinese bidders for exceptional watches that are new to the market.”

The top lot of the sale was the Patek Philippe Ref. 3939 (Lot 452). Appearing at an Antiquorum auction for the first time, this outstanding pink gold minute-repeating wristwatch with one minute tourbillon regulator sold for HKD$3,980,000.00 after a spirited bidding war between room, internet and telephone bidders.

The remaining “Top Lots” of the sale are as follows:

Offered at auction for the first time, the three superb Jaeger LeCoultre timepieces, originally sold as a set named “Hybris Mecanique,” achieved remarkable results in the February sale.

Lot 180
Jaeger LeCoultre White Gold Reverso ‘Triptyque’ Grand Complication No. 02/20 (Lot 180), an extremely rare 18K white gold triple-dial reversible tourbillon wristwatch.
Sold including Buyer’s Premium: HKD$2,540,000.00

Lot 178
Jaeger LeCoultre White Gold Gyrotourbillon One, No.02/20. An exceptionally rare and highly complicated wristwatch with perpetual calendar, equation of time, leap year calendar, retrograde fly-back months, bi-retrograde fly-back date, power reserve indication, spherical tourbillon and an 18K white gold Jaeger LeCoultre foldover clasp.
Sold including Buyer’s Premium: HKD$2,420,000.00

Lot 179
Jaeger LeCoultre White Gold Gyrotourbillon Two, No.02/20. Extremely rare and complicated, this extraordinary watch is a large 18K white gold reversible spherical tourbillon wristwatch with 50-hour power reserve indication, 24-hour indication and an 18K white gold Jaeger LeCoultre foldover clasp.
Sold including Buyer’s Premium: HKD$1,820,000.00

Lot 410
Richard Mille RM006 , the first tourbillon wristwatch with carbon nanofiber movement plate. Made circa 2008, this very fine and unique watch features torque indication and 70-hour power reserve.
Sold including Buyer’s Premium: HKD$920,000.00

Lot 448
Vacheron Constantin Ref. 30066/2 “Malte Tonneau Tourbillon”, an extremely fine and rare, tonneau-shaped, manual-winding platinum wristwatch with one minute tourbillon regulator, 42-hour power reserve and a platinum Vacheron Constantin clasp. Made in 2007.
Sold including Buyer’s Premium: HKD$860,000.00

Lot 177
Patek Philippe Ref. 3970EG in white gold, made in 2002, is a very fine self-winding chronograph features perpetual calendar, leap year calendar, 24-hour indication and moon phase with an 18K pink gold Patek Philippe clasp.
Sold including Buyer’s Premium: HKD$824,000.00

Lot 235
Patek Philippe “10 Days” Ref. 5100P , a chronometer with 10-day power reserve and a platinum Patek Philippe clasp. Produced in a limited edition of 300 in 2000 for the celebration of the Millennium.
Sold including Buyer’s Premium: HKD 800,000.00

Lot 67
Patek Philippe Ref. 3970R in 18K pink gold. Made in 1995, this exceptional timepiece is a chronograph with perpetual calendar, leap year indication, moon phase, 24-hour indication and an 18K pink gold Patek Philippe clasp.
Sold including Buyer’s Premium: HKD$800,000.00

Lot 231
Patek Philippe Ref. 5450P Annual Calendar with Pulsomax Escapement. A fine self-winding wristwatch, made in a limited edition of 300 in 2008, with perpetual calendar, power reserve indication, moon phase, pulsomax escapement and a platinum Patek Philippe foldover clasp.
Sold including Buyer’s Premium: HKD$620,000

www.antiquorum.com

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