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.
