who said VCs weren't doing well at auctions? Part 2

Christie's closed the geneva watch auction season with a bang and confirmed the rising prices of the rarer VC pieces (including some surprising results for modern pieces)

Lot 215: Historiques Aaerican 1921, someone probably didn't want to wait to get one (there is a waiting list on this one) and the watch tripled its low estimate selling at list for CHF 27,500
who said VCs weren't doing well at auctions? Part 2


Lot 290: A minute repeating chronograph pocket watch from 1906 also tripled its low estimate selling for CHF 23,750

who said VCs weren't doing well at auctions? Part 2


Lot 291:
Tourbillon pocket watch, movement made in 1946 and cased in 1983. This tourbillon was presented at the Geneva Observatory Timing Contest in 1949 where it achieved the first prize. Sold for CHF 105,000

who said VCs weren't doing well at auctions? Part 2

The Toledo 1952 also did very well! Good to see VC back :-)
05/11/2010 - 17:51
nt
Was it a rare platinum Toledo 1952 or other case metal?
05/12/2010 - 17:33
I've never seen a platinum Toledo 1952 in the flesh, only photos.  Seems like the few platinum watches that were made were already pre-sold at the AD's.  I think the platinum model is spectacular.  Thanks!  Nicholas
it was a YG model (nt)
05/12/2010 - 17:49
nt
For you viewing pleasure Nicholas...
05/19/2010 - 01:24
  as cool in the flesh as in the pix (or even better)... how about this elusive Moscow boutique version in RG? 
It is great to see VC doing well at these auctions...
05/11/2010 - 18:44
VC deserves to sell high because of the immense quality, design, and historical significance of these pieces. It is no suprise to me that these pieces are selling well. I honestly believe that people throw a lot of money at a Patek or Rolex is because they get caught up in the "investment" idea. In my opinion, fine watches are not about investment, they are about the love of micro mechanical perfection. VC does well selling at auctions because they are truely the connoisseur's watch, not just some investor looking to make a buck. Thanks for the update on these auction results Alex. Best, Mike