And again at the Antiquorum Auction helt in the Grand hotel Kempinski in Geneva they had a full room. This auction had two world records, both for a pair of enamel pocket watches and a Patek Philippe reference 1518 in pink gold.
The set of pocket watches ended with a price of 2,6 Swiss Francs., which is around 1.7 million euro. The Patek Philippe went to a new owner for the price of 1,3 million Swiss Francs (around 850.000 euro).
The expectations for sales of high end watches was not too good, due to the global economic crisis. This auction as the previous auction Antiquorum helt in New York went extremely well. Keep an eye on Antiquorum’s website because in december there will be another auction. This one will be in New York at 10 & 11 december. The catalogue is now online by the way. Have fun bidding 🙂