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Extremely rare:
Patek Philippe Ref. 2499Antiquorum

Bringing the Autumn Season Results to CHF 15,922,890Antiquorum's Auction achieves CHF 7,006,275

Geneva - Antiquorum's weekend sale of « Important Vintage and Modern Timepieces » held on Saturday 13th and Sunday 14th of November at the Mandarin Oriental Hotel in Geneva, realised CHF 7'006'275 with 80% of the lots being sold. This concludes Antiquorum's autumn auction season with a total of CHF 15'922'890. In addition to the 339 online bidders, there was a substantial presence in the room as well as numerous telephone bidders. Attendance came from around the world , including Germany, Italy, the United States, Romania, Hong Kong, Taiwan, China, Singapore and Canada.

"We are very satisfied by the results achieved this weekend in Geneva, in particular with the impressive price obtained for the Everest Rolex of Alfred Gregory", said Julien Schaerer, Managing Director & Auctioneer. "This demonstrates the great interest of collectors for timepieces that not only have historical significance, but also bear great emotional value."

The top lot of the auction was the extremely rare Patek Philippe Ref. 2499, in Pink Gold (lot 643), which sold for a remarkable CHF 1'082'500. Other Patek Philippe timepieces achieved very good results, including the Ref. 3450 (lot 252), acquired for CHF 212'500 and the Ref. 866/75 in yellow gold (lot 636), with enamel hunting scene on the case back: "Departure of the pack at daybreak" that reached CHF 92'500.

The Rolex Ref. 6098 (lot 621) worn by Alfred Gregory on Everest during the successful expedition of 1953, drew a lot of attention and excitement among the collectors. After fierce bidding in the room against the phone and internet, this watch of enormous historic significance sold for an exceptional CHF 145'300, more than 5 times its high estimate. Another timepiece of great interest, the Quarter-Repeating Navette-Shaped Ring Watch (one of only two known examples) given to The Emperor Napoleon I. (lot 466), reached a remarkable CHF 92'000.

Girard-Perregaux wristwatches also obtained notable results including the "Opera Two, Tourbillon, Carillon 'Westminster' Minute Repeater with Tourbillon," No. 2, Ref. 99740 (lot 548) that achieved CHF 182'500. The "Vintage 1945 Collection Prestige Set Unique" (lot 547), comprising four exceptional platinum wristwatches, sold for CHF 112'900.

"Superb complicated modern wristwatches made both by the renowned Manufacturers and the independent artisan makers draw increasing interest amongst a new generation of collectors, seeking exclusive and limited series watches", commented  Etienne Leménager, Director & Watch Expert.

Omega aficionados were thrilled by the important collection of 40 Limited Edition Omega Speedmasters, property of a private Italian collector. These timepieces evoked great enthusiasm among bidders and achieved the exceptional result of CHF 223,250, with 100% of the lots being sold. Some of the highlights included the "Speedmaster Professional" Apollo XIII Ref. 3450022 (lot 12) which sold for CHF 9'375, the "Speedmaster Professional" 999 Galaxy Train Ref. 3571.50 (lot 25), made especially for the Japanese market which attained CHF 10'000 and the "Speedmaster Professional" Ref. 3570.40 (lot 27), another limited edition for the Japanese market, was acquired for CHF 8'750. Finally, the Panerai "Luminor" Ref. 6152/1, made for the Italian military frogmen circa 1950 achieved an outstanding result of CHF 100'900.

"The Italian bidders have proven once again that they are key players within the European market continuing their traditional great interest for vintage wristwatches, in particular for Patek Philippe, Rolex and Panerai timepieces", said Thomas Perazzi, Watch Director & Auctioneer.