Auction Report: Antiquorum Hong Kong June 7 2008

Antiquorum held over the week end one of the last watch auctions of the season. Many Vacheron Constantin watches were available for sale vintage and new. 3 models appeared for sale for the fisrt time on the international auction market: A Chronographe Malte Excellence Platine, a limited edition Malte Tonneau chronograph in rose gold and grey daial as well as an amazing steel Malte Tourbillon (which un understandably went unsold - maybe due to a high reserve price?)

Here is a short overview of some interesting lots:

LOT 26: Skeletonized with Diamonds Vacheron Constantin, Genève, No. 718662, case No. 563833. Made in the 1980s. Very fine, thin, skeletonized, self-winding, 18K white gold and diamond wristwatch.   Estimate: 115,000 HKD - 155,000 HKD 
( 15,000 USD - 20,000 USD /  9,500 EUR - 12,500 EUR) Sold: 144,000 HKD $ 18,441 €11,680

Auction Report: Antiquorum Hong Kong June 7 2008

LOT 52 Malte Chronographe Excellence Platine: Made in only 75 pieces this platinum model also has the particularity of having a sand blasted platinum dial. Estimated conservatively at 180,000 HKD - 230,000 HKD (23,000 USD - 30,000 USD /  14,000 EUR - 18,000 EUR) it more than doubled its high estimate selling for 276,000 HKD (€22,400 / $35,350)

Auction Report: Antiquorum Hong Kong June 7 2008

LOT 57 : A gorgeous silver cased deck lever chronometer with indirect centre seconds and Guillaume balance. I'm kicking myself for having put a lowball bid on this one! Estimated at 23,000 HKD - 30,000 HKD (3,000 USD - 4,000 USD / 1,800 EUR - 2,500 EUR)  it sold for 26,400 HKD ($3,380 / €2,140)
Auction Report: Antiquorum Hong Kong June 7 2008

Lot 58 Corps of Engineers USA:  Made for the U.S. Army Corps of Engineers in 1918, silver pocket watch with chronograph. Estimated at 18,000 HKD - 25,000 HKD (2,300 USD - 3,300 USD  / 1,500 EUR - 2,000 EUR ) it sold for HKD 24,000 (€1,950 / $3,073)


Auction Report: Antiquorum Hong Kong June 7 2008

Lot 66 limited edition Malte Tonneau Chronograph: Made in a limited series of 50 examples in 2005, I love the combination of RG case and grey guilloché dial. I know a Lounger was bidding on it and hope he won! Estimated at 100,000 HKD - 130,000 HKD (13,000 USD - 17,000 USD / 8,000 EUR - 10,000 EUR) it sold over its high estimate at HKD 144,000 ($18,440 / €11,680)

Auction Report: Antiquorum Hong Kong June 7 2008

LOT 104: YG French cased (non signed) chronograph m circa 1945. Shows the attraction of vintage VC chronos as even though the case was not signed the watch sold at a rather high price.Estimated at 120,000 HKD - 150,000 HKD (16,000 USD - 20,000 USD / 10,000 EUR - 12,000 EUR ) sold for HKD 216,000 (€17,520 / $27,660)

Auction Report: Antiquorum Hong Kong June 7 2008

Lot 163 Jubilé 1755 in platinum: What would a watch auction be without a Jubilé 1755? Seems that it has become a must have in a catalogue along with modern Patek Philippe perpetual calendar chronographs! Limited to 250 pieces it was estimated at  200,000 HKD - 250,000 HKD (26,000 USD - 33,000 USD / 16,000 EUR - 20,000 EUR ) and sold above its high estimate for HKD 276,000 ($35,350 / €22,385)


Auction Report: Antiquorum Hong Kong June 7 2008

Lot 391 Le Soleil:  A gorgeous yellow gold and polychrome cloisonné enamel, Art Deco keyless dress watch with case made by Verger Frères (circa 1931) Estimated at 180,000 HKD - 250,000 HKD (23,000 USD - 33,000 USD / 15,000 EUR - 20,000 EUR) it went unsold !

Auction Report: Antiquorum Hong Kong June 7 2008

Lot 401 Malte tourbillon in steel: Made in only 10 pieces in 2006 in celebration of the centenary of the brand's Geneva boutique, this amazing watch with a rather low estimate of  700,000 HKD - 850,000 HKD (90,000 USD - 110,000 USD / 56,000 EUR - 70,000 EUR) went surprisingly unsold

Auction Report: Antiquorum Hong Kong June 7 2008

some beautiful watches, I wonder why the steel tourbillon
06/09/2008 - 18:52

did not sell as the estimate did look rather reasonable for such a rare watch.

still, it's a lot of money and VCfans are expense-conscious these days
06/10/2008 - 12:06

unlike Patek investors - they believe they will make money off of expensive Patek purchases anyway

Pfffff, why I don't have money ....
06/10/2008 - 19:45

... especially when I see the relatively low price of the Malte Chrono Excellence Platine...

Thank you for the report Alex!

Re: Auction Report: Antiquorum Hong Kong June 7 2008
06/11/2008 - 14:31

Like Fred, I think the Platine chrono was a steal. Also the jubile platinum, which happens to be my fav watch so I am just a little prejudice on this one. I wonder if there would have been a difference if they were auctioned off by Christies and it was held in NY if the prices would have been the same?

Mr L