The previously unknown, highly complicated 18-karat gold pocket watch has, in addition to the 24-hour repeater, an unusual type of five-minute repeating. It originally was estimated to sell for a maximum of about $334,000.The “Important Modern & Vintage Timepieces” auction realized a total of $12.7 million, bringing the total for Antiquorum auctions held in Geneva this year to $28.1 million, a 28 percent year-over-year increase. It was 76 percent sold by lot and 148 percent sold by value.
In addition the Patek Philippe pocket watch, a collection of exclusive Patek Philippe watches, 10 lots in total, sold for a total of $990,909. That was more than double the price the watches were expected to fetch.
The collection includes a Ref. 855/7 champlevé enamel hunting cased pendant watch that was appearing for the first time at auction and fetched $54,600. A Ref. 866/8 dress watch with an enamel miniature portrait of Wolfgang Amadeus Mozart by Suzanne Rohr (above) sold for $257,174.
Other notable lots of the sale included a Rolex Ref. 6284 with a cloisonné enamel dial featuring a map of the two Americas (below), one of only six of its kind made in 1950 and still the property of the family of its original owner.
The Rolex sold for $263,634, well above its pre-sale estimate of about $154,000.
Antiquorum’s Geneva auction had a total of 355 registered bidders, in addition the many telephone bidders and a strong in-room presence. International participation came from the United States, Taiwan, China, Hong Kong, the Russian Federation, Germany and Japan.
-National Jeweler
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