Press Release of the 97th Auction on May 12, 2018
It's not everyday that an auction starts with a loud cry of joy - but this one certainly did, when one very happy client realised that the magnificent Sattler Troja with full-size strongbox in the base was coming home with him (for 18,600 euros). Catalogue no.2 was another modern Sattler clock (for 19,900 euros); other, more traditional long case and wall clocks by renowned makers such as Breguet (lot no. 615, for 43,400 euros) or Satori (lot no.614, for 24,800 euros) were also soon knocked down. Lot no. 613, a truly remarkable wall clock by Neher und Söhne with a very early Riefler escapement dating from around 1892 was sold for 50,900 euros.
Some fine table clocks found new homes too; there was a marvellous Art Deco clock by Breguet dating from the 1920s that came in its original box (lot no. 263, for 31,000 euros).
Quite a bit older were both the Urania pendulum clock by Lesieur (lot no. 607) sold for 11,200 euros and the Renaissance tabernacle clock with exquisite engraving inspired by Sebald Beham's series of seven etchings entitled "Seven Liberal Arts" (lot no. 91, for 21,100 euros). A fine little treasure was the travel clock created by Isaac Thuret in the 17th century, which went for 9,300 euros (lot no. 88).
The large audience in the room watched intently as several fine pocket watches were knocked down for remarkable sums, such as lot no. 415, an ultra-flat verge pocket watch by Jacobus Nauta dating from circa 1685; the gold case is only approx. 15 mm high and holds a 3 mm high movement between the plates. It is a strikingly rare object - we know of only one other watch of this size, which resides in the British Museum in London. That piece was also made by J. Nauta - which lets us conclude that he probably created the flattest watches of his time.
The famous German names of the 19th century usually fetch very high sums - this time it was a chronometer by Friedrich Gutkaes (lot no. 70) which is mentiond in a number of publications on the history of watchmaking in Germany and fetched 62,000 euros, as well as a chronometer with pivoted detent escapement by Adolf Kittel with a movement that was most likely created by Fridolin Stübner in Glashütte (lot no. 59, for 27,300 euros)
and an important Glashütte pocket watch by Lange und Söhne with digital jump hour and minute: Horas y Minutos, created for the Spanish market (lot no. 50, for 72.000 euros). Other exceptional results were achieved by two souscription pocket watches by Breguet in Paris: lot no. 269 sold for 29,000 euros and lot no. 270 sold for 49,000 euros;
also sold were a Longines hunter with Westminster carillon (lot no. 562, for 31,000 euros), an American Fasoldt precision clock with coaxial twin gear lever escapement (lot no. 525, for 28,600 euros), the Pellaton tourbillon dating from 1950 (lot no. 586, for 40,600 euros) and a fine hunter by Louis Audemars with minute repeater and strike (lot no. 274, for 44,500 euros.
George Daniels is often considered the most important maker since Breguet; his timepieces are of superior quality and rarely appear on the market - a combination that always guarantees great interest and top prices: lot no. 277, the "Millenium" wristwatch with Daniels' coaxial escapement eventually sold for remarkable 229,400 euros.
However, the top class is dominated by brands Rolex and Patek Philippe and it was not easy for the fine, extravagant pieces such as Gerald Genta‘s skeletonised "Grande Complication" (lot no. 495, for 31,700 euros), the "LANGEMATIK" by Lange und Söhne (lot no. 6, for 37,200 euros) and Audemars Piguet's "Royal Oak" (lot no. 300, 39,700 €) to prevail against such overwhelming competition.
Three Rolex "Oyster Cosmograph Daytona" models alone were sold for far more than 50,000 euros each, online and over the telephone - lot no. 378 for 55,800 euros, lot no. 377 for 63,300 euros, and lot no. 379 for 65,800 euros; an "Oyster Chronographe Antimagnetique" dating from the 1940s found a new owner for 49,600 euros (lot no. 347) and for nearly 100,000 euros one collector proudly took home the GMT Master custom-made for Sheikh Mohammed bin Rashid Al Maktoum with his signature on the dial (lot no. 366, for 99,200 euros).
Above that, there is only Patek Philippe: lot no. 298, the "Full Set" of the Nautilus Jumbo reference 3700 achieved 116,600 euros, the "Padellone" reference 3448 sold for 143,900 euros (lot no. 326), and the gold chronograph reference 1463 fetched 146,400 euros (lot no. 327).
At the very top were lot no. 328, a reference 3450 dating from 1985 in perfect condition that changed owners for 223,200 euros and finally an extremely complicated reference 3974 with complete set of accessories (lot no. 329), which was sold for a remarkable 310,000 euros.
November 10, 2018