The results are in from the latest Antiquorum auctions of Important Watches & Jewelry, where nearly $4 million was generated from the sale of nearly 300 collectible timepieces and some top jewelry items, once again proving that the best of the best in watches can hold — and increase — their value over decades.
Top lots included a Patek Philippe rare perpetual calendar watch with baguette diamond bezel that sold for $227,000. Also at this auction, watches by Franck Muller and Vacheron Constantin performed well, as did Richard Mille and a host of others.
In fact, there was some fierce bidding for the Franck Muller Calibre 97 Unique Grande et Petite Sonnerie Minute Repeater Perpetual Calendar in platinum with diamonds [lot 270]. Originally estimated to sell for $20,000, it went for a whopping $221,000.
Also achieving a spectacular result was the Richard Mille Ref. RM 011 Ivory Felipe Massa Annual Calendar Flyback Chronograph in pink gold [lot 123]. The extremely rare annual calendar wristwatch exceeded its estimate and sold for $143,000.
As usual, rare pieces from Rolex attracted interest from collectors. The Rolex Ref. 116599 Daytona Baguette Diamond Ruby watch in white gold [lot 267] sold for $75,000; while the Rolex Ref. 116759 GMT-Master II Diamond Sapphire and White Gold timepiece [lot 268] sold for $50,625.
A Vacheron Constantin Honeycomb dial yellow gold watch, circa 1950, that was in very fine condition was estimated to sell at $3,500, but it ended up fetching nearly 10 times that amount.