some very interesting results at the Geneva auctions this week

Traditionally the May and Nov auctions held in Geneva see the auctioning of some really amazing watches and consequently non less amazing prices. The May auctions held this week were no exception. We saw the strenghtening of Rolex and a stagnation of PP.

 

VC did relatively well esoecially with 2 exceptional watches auctioned at Sotheby's.

 

Antiquorum May 11

Lot 121 - Tribute to Great Explorers "Magellan" dial. In the past 2 years this watch has been doing extremely well it really is what VC stans for, Metiers d'Art with its enamel dial and alternative time display. Estimated between chf 45.000-chf 65.000 it sold for CHF 77.500

 

some very interesting results at the Geneva auctions this week 

 

Christie's May 12

 

Lot  282 - A Chronometer Tourbillon with guillaume balance, movement made in  the 1940s and watch cased in the 1990s. Very few of these exists and often with a different dial. Estimated at chf 65.000-95.000 it almost tripled its low estimate and sold for chf 173.000

some very interesting results at the Geneva auctions this week

 

 

Sotheby's May 14

 

WOW 2 VCs at Sotheby's were sure to blow us away and they did not disappoint!

 

- Lot 209, one of the original Cottier world times made for VC in 1933 in a pink and white gold case. Estimated conservatively betwen chf 28.000-35.000 It went for over 10 times its low estimate selling for chf 305.000!!!!!

some very interesting results at the Geneva auctions this week

 

- Lot 211 An achingly beautiful platinum triple calendar with moonphase and power reserve display from 1932, estimated once again with a very low estimate of chf 15.000 - 25.000 it sold for a whopping chf 173.000!

some very interesting results at the Geneva auctions this week

incredible prices for incredible watches, the calendar and worldtime at Sotheby's are
05/15/2014 - 11:01

pure works of art heart

Amazing results Alex. VC is finally coming full circle. I think a very large
05/15/2014 - 13:17

part of the credit goes to you. You founded The Hour Lounge which became a very open and transparent forum for all things VC; and you have authored three books.  Plus you have hosted many events the world over.  All this leads to collectors 'receiving' information  / greater awareness which means they are better educated about VC.  And when there is more education, awareness, information about a brand, then this directly and positively affects auction results.

Kunal thank you so much for your kind words but
05/15/2014 - 13:24

you give me too much credit cheeky

I actually agree with Kunal :)
05/17/2014 - 03:08
My first high end watch was my VC traditionelle. Sure the watch has its strong merits but social media, blogs and advertising did play a role for my decision too, especially when evaluating against strong competitors like the PP calatrava, lange saxonia and breguet classique series. I remember being impressed with VC when I read posts and articles on THL and it did help my decision to some extent for sure. Alex, THL is indeed a poweful source of info for VC owners as well as potential owners (both brand new and preowned thru auctions). Surely you and Dan should be credited! :) Cheers Robin
Amazing pieces
05/15/2014 - 16:37

regardless their price. The Cottier is touching although I'm sure I'd have a crush for that tourbillon in a snap of a finger, if I saw it live.

 

Thanks Alex.

 

Regards,

 

roberto

here's a similar tourbillon pocket watch made for Asprey
05/15/2014 - 17:20

here's a similar tourbillon pocket watch made for Asprey

 

Re: here's a similar tourbillon pocket watch made for Asprey
05/15/2014 - 18:03

I love the Asprey Tourbillon.  What a beautful dial, and the tourbillon side is so beautful. Would love to own this. Whcih year was this made?

Hit the nail right on the head
05/15/2014 - 18:16

What I like the most about these tourbillons is the escapament is hidden on the case-back's side. Soberness and richness at the same time, a combination which amplifies the virtuosity and the understatement to my eyes.

 

Thanks again Alex.

 

Regards,

 

roberto

Indeed, that triple calendar
05/15/2014 - 17:19

was featured in your wonderful Quantum Leap article heart.  The lot notes also mention photo references 3067 and 3095 as identical pieces from 1929, and this can be confirmed by looking in The World of Vacheron Constantin.  I wonder what the significance is for the notation under ref 3095; "double avec 3062", perhaps a 3rd piece?

 

thank you for the heads up Dean, will investigate about this mysterious writing
05/16/2014 - 10:48

.

Re: thank you for the heads up Dean, will investigate about this mysterious writing
05/17/2014 - 05:12

Hi Alex,

The mystery is that the number is really "3067" and not "3062".

It's a European "7" with a horizontal bar through the stem. It's a bit hard to see because of the "1929" under it. But with a small loupe you can see it.

When you look at the photo of 3067 on the facing page, it has the same or very similar dial.

Joseph

 

Bingo!
05/17/2014 - 18:52

No mystery now...

Fantastic results on extraordinary pieces - they always do well in auctions...
05/17/2014 - 08:50

What does surprise me through all these years is the stubornnes of the auction houses to valuate the estimates at a ridiculously low price levels. I don't think it has the magnet effect on anybody anymore other than a few novices...

If the watch is eventually worth triple its low estimate why undervalue it in the first place?