Rare Jaeger-LeCoultre Antiquorum Auction Results

Last month at the Rare Jaeger-LeCoultre Timepieces Antiquorum’s Auction in Hong Kong some questions were answered with some very interesting results that were posted.

 The Gyrotourbillon One actually hammered at HK $2,420,000 equivalent to US $312,000 (including buyer's premium), while the Reverso Gyrotourbillon 2 sold for HKD1,820,000 which is equivalent to about $235,000. 

 Last but not least the Reverso a Triptyque sold for HKD2,540,000 which is around US $328,000.

All of the Jaeger-LeCoultre Haute Horology Masterpiece complication Trifecta were auctioned for above the Antiquorum's estimates very much in line with few previous known comparable auction results inclusive of those done in the secondary private market.

I wasn't exactly sure how I felt about breaking up the Limited WG Trio but apparently the market has spoken giving approval to each individual piece as an entity & their respective individual values. This is certainly a welcome good news for JLC high end compilations and especially for their owners/collectors.

On the other hand other notable complication was a piece unique from IWC Destriero Scafusia in platinum which just couldn't meet the $220,000-270,000 estimate which in my opinion says a lot about the actual collectors demand as well valuation for high end pieces from the house of Schaffhausen.

In the other news the two notable Patek Philippe ( first time at auction ref 1526 Perpetual calendar in YG vintage from 1951 as well a vintage ref 1518 first Perpetual Calendar Chronograph from 1946) were both a surprising no sales. On the other had the ref 3939 Tourbillon Minute Repeater in PG Enamel dial originally sold in 2010 and first time offered on the auction went above estimate for HK $3,200,000 about US$513,000. Surprisingly this time the appetite for the highest of haute horology most recent watches prevailed over usual vintage blockbusters.

Rare Jaeger-LeCoultre Timepieces Highlight Antiquorum’s February Hong Kong Sale

Rare Jaeger-LeCoultre Timepieces Highlight Antiquorum’s February Hong Kong Sale

Antiquorum Auctioneers will present its’ auction of “Important Modern & Vintage Timepieces” to be held on February 26th at The Mandarin Oriental Hotel in Hong Kong.  Collectors will have the opportunity to bid on 452 exceptional modern and vintage timepieces including a collection of extremely rare and highly complicated Jaeger LeCoultre masterpieces and a rare Patek Philippe ref. 3939 in pink gold.  Previews will be held in cities across the globe including Shanghai, Beijing, Singapore as well as Hong Kong.

Amongst the highlights of the sale are three outstanding Jaeger LeCoultre timepieces to be sold individually originally sold as a set named “Hybris Mecanique,” the collection, produced in 2009 will be offered at auction for the first time. The trifecta set clad in 18K White Gold and sold exclusively as a package includes the following:

Gyrotourbillon One, No.02/20. The one that started this all a perpetual calendar bi-retrograde date spherical tourbillon wristwatch with equation of time and leap year calendar. It is accompanied by a fitted box and magnifying glass.
Estimate: HKD 1,900,000 – 2,300,000
 

Gyrotourbillon Two, No. 02/20. This extraordinary Reverso (and still my favorite out of all the Gyro's) contain mesmerising spherical tourbillon and is offered with a fitted box, guarantee certificate, instruction booklet and magnifying glass.
Estimate: HKD 1,400,000 – 1,700,000

Last but not least Reverso ‘Triptyque’ Grand Complication No. 02/20. This used to be the most complicated timepiece made by the Grand Maison with perpetual calendar retrograde date, triple-dial reversible tourbillon wristwatch with equation of time, civil time, sidereal time and sky chart also accompanied by the original fitted box, guarantee certificate, instruction booklet and magnifying glass.   

Don't know exactly how I feel about breaking up this collectors package.  I heard before of some collectors buying the trio and then splitting them up which actually made sense at the time as they only existed before in platinum LE which was sold out by then. Will the values rise or will they level off with additional units produce aftewards as a part of Hybris Mechanica we shall see.  Lastly this is how the Trifecta package looked during the presentation during the 2009 SIHH.