Watch Auctions

Unique Pateks headline fall Antiquorum sale

This Patek Philippe Ref. 2499, third series, is expected to garner up to $500,000 at Antiquorum’s Sept. 14 sale of “Important Modern & Vintage Timepieces” in New York.
Sep 6, 2011

New York--Two rare Patek Philippe watches are among the timepieces Antiquorum is offering at its Sept. 14 auction in New York City.
 
The highlight of the sale is a Patek Philippe Ref. 2499, third series, originally from the collection of Professor Thomas Engel.

Made in 1976, the 18-karat gold watch has a round button chronograph, perpetual calendar and moon phases and is exceptionally rare. It is expected to garner between $300,000 and $500,000 at auction.

Another highlight of the sale is a Patek Philippe Split-Second Chronograph Ref. 1436 created in 1960 and sold by Tiffany & Co. in 1961. The 18-karat yellow gold watch has a transitional dial, square button co-axial split-seconds chronograph and tachometer.

The model is believed to be unique, and the watch is in pristine condition. Estimates call for the timepiece to sell for $200,000 to $300,000.

Also available at the auction will be a set of two Breguet souscription (subscription) watches made in the late 1990s. The set consists of a platinum minute-repeating watch with perpetual calendar, phases and age of the moon and leap year indication (below, left) and a platinum self-winding pocket watch (below, right) with 45-hour power reserve indication, instantaneous calendar, phases and age of the moon.  

Accompanying the set is a wooden winding box, 30-cm platinum chain, platinum magnifying glass and two platinum tools. The set is expected to sell for $120,000 to $140,000.

For Rolex fans, Antiquorum is slated to offer a Rolex Daytona Ref. 6241 made in 1967 and sold by Tiffany & Co. The rare, water-resistant watch is crafted of 14-karat yellow gold with round button chronograph and an anti-reflective black bezel. The watch is expected to garner between $40,000 and $60,000.

Also available will be a Rolex Submariner Ref. 6538 “James Bond” “Big Crown” watch with a gilt dial, made in 1956. It is a self-winding, water-resistant stainless steel diver’s watch with a stainless steel Rolex expandable rivet bracelet. It is expected to garner between $35,000 and $65,000.

The auction will take place at Antiquorum’s headquarters in the Fuller Building on Madison Avenue in New York. The first session is scheduled for 11 a.m. and the second for 2 p.m.

Previews are slated for Sept. 4 at the Raffles City Convention Centre – Clark Room in Singapore; Sept. 6 at Antiquorum Hong Kong; Sept. 8 at Antiquorum Shanghai and Sept. 11 to 14 in New York. 

See Comments

Similar Articles

Antiquorum HK to offer rare, complicated watches

A host of complicated watches from Jaeger LeCoultre and Patek Philippe will be offered at Antiquorum’s sale of “Important Modern & Vintage Timepieces,” to be held Feb. 26 here. Read More »

More Articles Like This »

- Advertisement -

Retail Resources

Diamond Prices
Metal Prices

Industry Guides

Comprehensive information in specialized areas:

See Industry Guides ››
Reader Connect
Reader Connect
Supplier information presented with every article, bringing you related, actionable content on every topic.
Jewelry Yellow Pages
Yellow Pages
A comprehensive listing of associations, organizations, suppliers and services for the jewelry industry.
Classifieds
Classifieds
A comprehensive listing of job postings, product offerings and other materials for sale for the jewelry industry.
Customer Connect
Customer Connect
The most sophisticated suite of marketing services available for jewelry retailers, from Internet tools to data marketing.