Fake watch - The Fall's First Watch Auction

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Watch News

Sep 22, 2006
The Fall's First Watch Auction
Patek Philippe Replica Watch

On 20th September in New York took place another Antiquorum auction for rare wrist and pocket watches and other watch related articles. Bidders all over the world have gathered either live, per phone or via Internet to bid for their favorite timepieces. Among the brands to be sold there were Patek Philippe, Audemars Piguet, Rolex, FP Journe and IWC.

Surprisingly the bidders were from every corner of the world: Italy, Ukraine, Taiwan, Canada, France and other countries. The auction has provided the bidders 365 lots, among which the finest and rarest timepieces of the most well-known brands, mentioned earlier. Almost 85% of all watches have been sold at a value of over 107%. The overall sum gathered from the sold lots was almost 6445000$.

The Antiquorum officials have said that they were very pleased with the results of this fall's first horology auction. They said that this happened due to the increased interest in brand watches and the newly developed methods of bidding.

The most sought-after was the Genève watch from Patek Philippe. This watch was sold for over 400000$. Whereas on the second place was the "10 days set" also from Patek Philippe. Other watches from Patek Philippe, which made it to the top ten were "The Celestial Wristwatch", sold for over 180000$, another variation of the "Genève", though this time in platinum, sold for almost 205000$ and the "Early Stainless Steel" wristwatch, sold for over 169000$. All of the Patek Philippe watches are very fine timepiece and very difficult to find. Maybe this is why the true connoisseurs are always ready to bid a lot of money for these refined timepieces. It is also worth mentioning that all of the Patek Philippe watches and lots were placed at the top of the top-ten list.

Among other top-ten lots there were also Audemars Piguet's "Tripple Complication", sold for almost 129000$, "Tourbillon Chronograph", sold for over 123000$. The top-ten list ended with two pocket watches from Audemars Piguet, which were the "Platinum Minute-Repeating Perpetual Calendar" – a watch without buttons, which was sold for over 112000$; and the so-called "Grandè Complication", sold for over 117000$.

The only brand managing to sabotage this monopoly of Patek Philippe and Audemars Piguet was the International Watch Company (IWC) from Schaffhausen, Germany. For the "Il Distriero Scafusia" wristwatch were bid over 154000$, which placed the timepiece on the sixth place of the list.

It is also worth mentioning that the representative of the Rolex watches was the "SBS Submariner", which relieved one of the bidders of almost 24000$ - this was a kind of record for the Rolex watches.

On this auction Patek Philippe has proved once again to be one of the most prestigious and valuable watches among the true horology connoisseurs, who know the true price for a really good timepiece.


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