Enthusiasts of exclusive timepieces came to the New York TimeZone on June 18, 2008 to take part in the bidding on the 401 highly collectible watches. The timepieces were offered in Antiquorum's summer sale of 'Important Collectors' Wristwatches, Pocket Watches and Clocks'. The auction resulted in a total of 5,428,852 US dollars.
In addition to room bidders, the auction was joined by active phone bidders. Moreover, it attracted the record number of 484 Internet bidders who contributed to 118.57 per cent sold by value and 86.28 per cent sold by lot. The majestic watches drew the attention of avid collectors from all parts of the world, including Italy, Germany, and Hong Kong.
The Patek Philippe Ref. 5013 crafted in pink gold (lot 401) and featuring a black dial highlighted the sale, having fetched an impressive 640,800 US dollars.
The Patek Philippe Ref. 5079 in 18K yellow gold wristwatch, a self-winding model with a minute repeater and two cathedral gongs, was acquired for 327,200 US dollars.
The Patek Philippe Ref. 5020 in pink gold (lot 399) famous as the "TV Watch" was sold for 190,400 US dollars.
One more Patek Philippe watch - Ref. 3970P - revealing a diamond dial (lot 398) brought the considerable sum of 166,800 US dollars.
The Ref. T150 (lot 116) in white gold retailed by Tiffany was acquired for the remarkable price of 72,000 US dollars - double its estimate.
Vacheron Constantin and FP Journe watches were also among most sought-after timepieces in the sale. The Vacheron Constantin Skeletonized Perpetual Calendar (lot 391) was sold for a strong price of 66,000 US dollars while the FP Journe "Tourbillon Black Label" in platinum (lot 392) brought 101,900 US dollars.
It is noteworthy that the Cartier "Pendule de Bureau" clock (lot 206) was acquired for a breathtaking price of 46,800 US dollars - that is nearly ten times its' estimate!
Rolex watches also attained notable prices. The Rolex Yellow Gold Cosmograph Daytona (lot 355) was sold for 54,000 US dollars, while the Rolex Stainless Steel Comex Submariner (lot 356) was sold for 79,200 US dollars.