Antiquorum’s fall auction of “Important Modern & Vintage Timepieces” held at the Mandarin Oriental in Hong Kong on Saturday 9 October achieved outstanding results totalling HKD 43’538’750, one of the best auction results since July 2007. A total of 84 percent of the auction was sold by lot, with 115.54 percent sold by value.

The auction room was full and enjoyed a lively and competitive atmosphere, with most of the lots being sold in the room. International bidding came from across the globe including France, the United Kingdom, Indonesia, Martinique, Switzerland and the United States.

The highlight of the sale was the Audemars Piguet Cabinet Watch No. 5, “Millenary Perpetual Calendar with Deadbeat Seconds, Power-Reserve Indication” (lot 327). This extremely rare platinum wristwatch with perpetual calendar, leap-year indications and deadbeat seconds sold for an impressive HKD 2’780’000.

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Antiquorum’s next auction will take place in New York on October 20th.

Source: Antiquorum www.antiquorum.com