The First Art Newspaper on the Net Established in 1996 United States Tuesday, September 30, 2014


Patek Philippe drives remarkable results at Antiquorum's Spring Auction in Hong Kong
Patek Philippe Ref. 3939 Tourbillon Minute Repeater Enamel Dial Pink Gold (Lot 291), very fine and rare minute-repeating 18K pink gold wristwatch with enamel dial, one-minute tourbillon regulator and an 18K pink gold Patek Philippe buckle. Sold on June 28th, 2010. Accompanied by original card travel case, additional case back, hang tag, service box, COSC certificate and Certificate of Origin within a leather folio. Estimate: HKD 2,600,000 – 3,600,000. Sold including buyer's premium: HKD 3,260,000.
HONG KONG.- Antiquorum’s spring auction of “Important Modern and Vintage Timepieces” held at the Mandarin Oriental in Hong Kong on Saturday, January 26 concluded with an outstanding result totaling HKD$28,900,188. An impressive 90% of the 291 timepieces were sold by lot, and numerous lots sold for multiple times their low estimates. The top lots of the auction included a number of unique and rare Patek Philippe wristwatches, skeleton watches and the exceptional Jaeger-LeCoultre Gyrotourbillon 1.

The highlight of the sale was undeniably the Patek Philippe Ref. 5074 platinum minute repeater (Lot 120). The amazingly complicated reference inherited the functionality of the Patek Philippe Ref. 3974 with the mechanism of a minute-repeat with carillon. The combination of pleasant exterior and unique functions demonstrates low-key luxury of the highly collectible watch. After intense competition, the exceptional timepiece was sold to an Asian collector for an extraordinary HKD$4,460,000 including buyer’s premium, the highest price attained in the sale.

Another outstanding timepiece, the Patek Philippe Ref. 3939 (Lot 291) 18K pink gold minute repeating wristwatch with enamel dial and one-minute tourbillon regulator drew much attention from the bidders as well and achieved an outstanding price of HKD$3,260,000 including buyer’s premium.

Collectors covet highly complicated wristwatches from Jaeger-LeCoultre, and the Gyrotourbillon 1, Ref. 149.6.07.S.(Lot 199) platinum wristwatch was an amazing example. The lot sold for an incredible HKD$ 1,940,000 including buyer’s premium.

“We are proud to continue to offer great examples of the most sought-after timepieces at auction,” said Evan Zimmermann, President & CEO, Antiquorum. He continued, “The Patek Philippe Ref. 5074 and Ref. 3939 attained an outstanding price, and the excitement over the collection of skeleton watches and competitive bidding for many lots contributed to the superb results from today’s sale.”

Other Patek Phlippe timepieces also did exceptionally well in the sale. The Patek Philippe Ref. 3450, an 18K yellow gold wristwatch with perpetual calendar (Lot 280) obtained HKD$1,400,000 including buyer’s premium, while the Patek Phlippe Ref. 5050G, a self-winding 18K white gold wristwatch with perpetual calendar (Lot 119) achieved a noteworthy HKD$620,000 including buyer’s premium. Patek Philippe Blue Aquanaut Ref.5066A stainless steel wristwatch, made in a limited edition for Japanese Market in 1997 ( Lot 117) attracted great interest -- after an intense session of fierce bidding, the watch sold for a staggering HKD 231,250 including buyer’s premium, over five times its pre-sale estimate.

Also attracting attention was the skeleton watch collection. The Patek Philippe Ref. 918/4, an 18K yellow gold and diamond skeletonised pocket watch (Lot 287) sparking a bidding war and ultimately attaining a notable HKD 572,000 including buyer’s premium. Not to be outdone, Vacheron Constantin Ref. 43580, 18K platinum and diamond skeletonised wristwatch (Lot 194) attained an impressive HKD$362,500 including buyer’s premium.

Great importance is attached to timepieces with Asian features. An example is Chopard Urushi goldfish 18K white gold and makie (traditional Japanese art of lacquering) wristwatch (Lot 97) created by Japanese artist Kichiro Masumura with Yamada Heiando, aroused great interest and inspired intense competition, finally selling for a notable HKD$325,000 including buyer’s premium, over 4 times its pre-sale estimate. .

“Wristwatches featuring traditional art of a particular region continue to gain popularity among collectors. Chopard Urushi Goldfish wristwatch achieved noteworthy result.” said Julien Schaerer, Auctioneer and Horological Director at Antiquorum Geneva. “The active participation of Chinese buyers in the sale reflects their increasing purchasing power,” he added.

Antiquorum looks forward to its next auction to be held on March 17 in Geneva, which will offer an impressive collection of modern and vintage Patek Philippe timepieces.





Today's News

January 29, 2013

Romanian fashion designer Catalin Botezatu's home searched over Dutch art heist

Detroit Institute of Arts to display Van Gogh painting on loan from Musée d'Orsay

Italian fashion house Fendi to fund $2.85 million Trevi Fountain repairs in Rome

New York State Museum exhibits Gordon Parks photography celebrating his 100th birthday

West Coast premiere of Andy Warhol's film San Diego Surf at the Museum of Contemporary Art San Diego

Never before seen Vija Celmins work "Untitled (Knife and Dish)" surfaces in Los Angeles

Kansas City's Nelson-Atkins Museum of Art mourns loss of philanthropic leader Adele Hall

No free rides on pricey Marklin carousel in Noel Barrett's $1.3 million Winter Auction

Devon cupboard find turns brass into gold at Bonhams South African Art sale on March 20

Art Gallery nurtures next generation of artists and art lovers with new dedicated activity space

Rochester Art Center presents exhibition by leading representative of the "New Leipzig School" of painting

Polish director and audio-visual artist Lech Majewski at the Centre of Contemporary Art in Torun

The Bo Bartlett Center at Columbus State University names David Houston as its first Director

"Jennifer Karady in Country: Soldiers' Stories from Iraq and Afghanistan opens at Ursinus College

University of Richmond Museums presents "Flow, Just Flow: Variations on a Theme"

Laurence Miller Gallery opens its first exhibition of photographs by Kazuo Sumida

Patek Philippe drives remarkable results at Antiquorum's Spring Auction in Hong Kong

Did cavemen have mystical powers? New book explains what cave paintings indicate

Most Popular Last Seven Days



1.- Fever mounts as stunning statues found at Alexander The Great-era tomb

2.- Hi-tech underground scans reveal vast complex of monuments at Britain's Stonehenge

3.- National Geographic Museum opens exhibition featuring shark-munching Spinosaurus

4.- First major New York City exhibition to explore Vienna Actionism opens at Hauser & Wirth

5.- Elizabeth I 'airbrushed' for 18th century make-over and a bug is found in Edward VI

6.- Award winning Swedish director Daniel Fridell to direct Kalliope Films' Vincent Van Gogh biopic

7.- Comprehensive retrospective exhibition of Joan Miró's work opens at the Albertina

8.- Synchrotron radiation technology in art conservation: Science to the rescue of art

9.- Mona Kuhn's first solo exhibition in the US opens at Edwynn Houk Gallery

10.- Sotheby's announces details of its sales series for Property from the Collection of Mrs. Paul Mellon



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher: Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez - Marketing: Carla Gutiérrez
Special Contributor: Liz Gangemi - Special Advisor: Carlos Amador
Contributing Editor: Carolina Farias

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site