Since 1979, Antiquorum has been holding auctions in Hong Kong and the result of the April 25, 2021 sale, close to HKD 49 million (approx. CHF 5.7 million), confirms its strong position on the Asian continent.

LOT 127
PATEK PHILIPPE
REF. 5970P PERPETUAL CALENDAR CHRONOGRAPH PLATINUM, FACTORY SINGLE SEALED
Sold: HKD 1,750,000

The auction once again crowned the Patek Philippe name with no less than seven of the top ten lots, including two Ref. 5970P-001 that sold for over HKD 1.5 million (lot 124 and 127), a Ref. 5160G for HKD 1,187,500.00 (lot 119) and a Nautilus Ref. 3712/1A-001 for over HKD 1 million (lot 266).

LOT 248
OMEGA
REF 2915-2 SPEEDMASTER, STEEL
Sold: HKD 1,125,000

Omage Speedmaster

LOT 266
PATEK PHILIPPE
REF. 3712/1A-001, NAUTILUS, STEEL
Sold: HKD 1,025,000

Patek Philippe nautilus

Among the results, it is worth noticing that lot 248, an Omega Ref. 2915-2, was sold for almost three times its low estimate at HKD 1,125,000.00. Bids were also brisk for the two historic watches that were presented: Henri-Ernest Bouvier’s chronometer, made by Paul Distisheim, celebrating the 50th anniversary of the Republic of Neuchâtel (lot 137) found a buyer for HKD 337,500 and the pocket Breguet of Louis-Alexandre Berthier (1753-1815), first Prince of Wagram and Prince of Neuchâtel, (lot 138) went to a connoisseur for HKD 300,000, twice its high estimate.

LOT 137
PAUL DITISHEIM
Historical pocket chronometer offered by the Canton of Neuchâtel in July 1898 for the 50th
Anniversary of the Republic of Neuchâtel (1848-1898); 18K yellow gold and enamel.
Sold: HKD 337,500

LOT 138
BREGUET
Historical pocket watch, quarter-repeater, ruby-set cylinder escapement; “Répétition à ponts, boîte or”; 18K yellow gold.
Sold: HKD 300,000

The highlight of this event was the sale of the Patek Philippe reference 5207 in platinum, for over HKD 10 million, Antiquorum’s highest bid in Asia since 2002 and a world record for this reference. Such a success is an opportunity to look back at the top hammer prices from our Hong Kong office.  Actually, this Ref. 5207 is fitted with nine horological complications, including a minute repeater, a leap-year perpetual calendar with moon phases and a one-minute tourbillon regulator. It was delivered in December 2013 to the Sultan of Oman, Qaboos Bin Said (1940-2020). It should be noted that only a few units of this model were produced by the Genevan manufacture and that it is the only example known to date with a platinum bracelet.

LOT 130
PATEK PHILIPPE

Ref. 5207 / 1P-001, minute-repeater, perpetual calendar àguichets (with apertures), leap-year indication, moon phases, AM-PM indication, tourbillon regulator, platinum bracelet; possibly piece unique; platinum

Sold: HKD 10,110,000

Under the hammer of Arnaud Tellier, Antiquorum’s Asia-Pacific Director, a long bidding battle was followed live by thousands of Internet users. In the auction room, telephone biddings were relayed by Antiquorum executives. Giulio De Lucia, Chairmain, Romain Réa, CEO, Julien Schaerer, Etienne Leménager and Connie Siu, respectively Directors of the Geneva and Hong Kong offices, were on the line with important clients from all over the world, Swiss, European, American, Middle Eastern or Asian. After several minutes, the hammer finally fell in favour of Mrs. Siu and her buyer at a price of 8.3 million.

For comparison, a platinum reference 5207 on a leather strap was sold by Antiquorum Hong Kong a few years ago for HKD 5 950 000.- / ~ USD 767 150.- / ~ EUR 559 650.- / ~ CHF 682 500.- (February 22, 2014, lot 238).

LOT 238
PATEK PHILIPPE

REF. 5207 TOURBILLON MINUTE REPEATER PERPETUAL CALENDAR HONEY GOLD DIAL PLATINUM
Hong Kong, Feb 22, 2014

Sold HKD 5,950,000

The importance of the watch presented on Sunday, its rarity and its historical affiliation have therefore attracted the covetousness of the great lovers of Haute Horlogerie.

We have to go back to 1997, still under the hammer of Arnaud Tellier, to find a “millionaire” wristwatch in Swiss francs at Antiquorum in Hong Kong: a Patek Philippe reference 2497 in platinum from 1953 on a platinum bracelet (June 9, 1997, lot 199, sold for HKD 5 850 000.- / ~ USD 757 750.- / ~ CHF 1 088 350.-). At the time, it was the most expensive watch ever auctioned in Asia.

LOT 199
PATEK PHILIPPE & CIE

Geneve, Ref. 2497, made in 1953, sold on 22 octobre 1953
Hong Kong, Hotel Furama Kempinski, Jun 09, 1997

Sold HKD 5,850,000

These wristwatches are nevertheless outdone by an impressive pocket watch from the same manufacture: the “Grande Complication” made for Jean de Gradowski in 1890. This exceptional timepiece, auctioned under the hammer of Osvaldo Patrizzi, the co-founder of Antiquorum, is probably the most complicated watch ever made by Patek Philippe up to 1932 (June 8, 2002, lot 423, sold for HKD 19 600 000.- / ~ USD 2 512 850.- / ~ EUR 2 658 550.- / ~ CHF 3 910 700.-). At the time, it was the most expensive watch ever auctioned in Asia.

LOT 423
PATEK PHILIPPE & CIE

Genève, No. 80897, case No. 204270, made especially in 1890 for Jean de Gradowski.Extremely rare, probably unique, 18K gold Grande Complication
The Ritz-carlton Hotel, Hong-kong, Jun 08, 2002

Sold HKD 19,600,000

In the same sale, a Patek Philippe reference 2499 in yellow gold, with black dial, from 1972, on a leather strap, was also sold for a then record price (June 8, 2002, lot 211, sold for HKD 5 520 000.- / ~ USD 707 700.- / ~ EUR 748 750.- / ~ CHF 1 101 400.-).

LOT 211
PATEK PHILIPPE & CIE
Genève,Ref. 2499, third series, sold on Octo-ber 2, 1972, probably made on special order.
The Ritz-carlton Hotel, Hong-kong, Jun 08, 2002

Sold HKD 5,520,000

To complete this quintet of Patek Philippe watches, we must mention one more exceptional piece that sold for over HKD 5 million. It is a fan incorporating a watch in its handle; a wonderful object attributed to James Cox of London, made around 1780 (October 23, 2011, lot 379, sold for HKD 6 020 000.- / ~ USD 773 750.- / ~ EUR 560 750.- / ~ CHF 690 150.-).

LOT 379
LA COLÈRE D’ACHILLE
Attributed to James Cox, London, made in the late 18 century. Magnificent and extremely rare 20K gold, silver, ivory, enamel, diamond, ruby, emerald and agate-set fan with a watch, Hong Kong, Oct 23, 2011

Sold HKD 6,020,000

This establishes the “Top 6” of the most successful auctions obtained by Antiquorum in Hong Kong.

401928/1_Former property of Doctor Gabriel Chevalley (1918-1990)

Doctor Gabriel Chevalley
Gabriel Chevalley is one of those men who lived through almost a century, not just passing through it but shaping it by his actions.
Born in Bex in 1918, son of the director of the salt mines (Salines de Bex), his passion for mountain climbing started early as by age fifteen he was already climbing the “Bloc Monstre” and the “Pierre Bessa” not far from his family home as well as the Dents de Morcle (2969m). After studying at the college de Saint Maurice during which he became very close friends with the author Maurice Chappaz, he joins the Swiss army during the Second World War serving 509 days combining his medical studies and mountain climbing (he climbs the Weisshorn, Bietschorn among many others and most notably in 1950 he accomplishes his first Himalayan expedition by conquering the Abi Garmin (7355m) with Dittert, Tissieres and Berril). In 1948, he joins the CICR (ICRC International Committee for the Red Cross) working as a doctor in Lebanon then in Pakistan.
He was the Swiss doctor who accompanied the two expeditions to mount Everest in 1952. Both in spring and autumn. As a member of the team of climbers on the spring expedition, he risked his life to help evacuate the South Col. Amongst the amazing achievements made by the team (see below), one other extraordinary event mentioned in his diary was the operation at 6000m of the Sherpa Ang Norbu who was suffering from a neck tumor. Creating an operating table with 6 crates, he was sedated and Dr Chevalley proceeded to open his neck, remove the tumor and close the wound. The next day the Sherpa was already back on his feet. As leader of the second expedition, he took on heavy responsibilities during the period of stubborn waiting in the middle of winter storms. He was awarded this Rolex ref. 6098 by the manufacture for his involvement in these historic journeys.
After the expedition, he works at various hospitals (Loeche les Bains, Hospital Nestle and Lavey-les Bains. In 1958 he sets up his own practice in Bex where he served and lived until his retirement.
We are delighted to be able to offer the watch for sale, together with the accessories he used on the two expeditions, such as ice axes, sleeping bags and mountain clothing, …. as well as a significant amount of documentation about both the exploit and the period.

The 1952 Swiss Everest Expedition

Just like all explorers, the dream to conquer the impossible was always at the top of the list. The Everest culminating at 8’848m would naturally attract some of the most extreme explorers as the earth’s highest peak. Unavailable to foreign climbers until 1951, in 1952 the Tibetan government gave the Swiss the opportunity to attempt its climb to the top. The first fall ascent led by Edouard Wyss-Dunant would consist of 9 climbers (including Dr. Chevalley, Tanzing Norgay, Raymond Lambert). After spending a gruelling night at 8’400 meters, Norgay and Lambert attempted the final climb (with effectively non-working oxygen masks) only to have to stop at 8’595m setting the record for the highest ascent. The discoveries made in terms of new routes, conditions at high altitudes and equipment would ultimately qualify this attempt as successful and opened the path for the future.

Following that first attempt, a new Fall expedition was quickly organised this time led by Dr. Gabriel Chevalley but the extreme winds and cold prevented them making it to the summit. Importantly it was thanks to the maps and passages discovered by the Swiss team and the Sherpas that allowed the 1953 British expedition to conquer the Everest led by Hillary and Norgay. The Telegram sent by the British to the Swiss team after their conquest clearly gives credit to their exploits with this now legendary phrase ” To you goes half the glory”.

Rolex Ref. 6098, serial 846218

According to a Rolex advertisement in the Swiss foundation for Alpine Research published in 1953 (accompanied with the watch), Rolex equipped the 3 early 1952 Everest attempts by English, French and Swiss expeditions with 15 Rolex chronometer’s that we now know to be references 6098 as confirmed by the Rolex letter. With no traces of any other expeditions other than the Swiss, it seems more than likely that all 15 (maybe less) 6098’s were given to climbers only and not all team members wore them. We now know that most climbers wore 2 watches one on each wrist to test them during the expedition (as shown in some of the photos), we now know from talking with former family members that Rolex had equipped their wristwatches with 2 different types of oil to be tested under extreme conditions.
Amazingly the family conserved the letter they received from Rolex in 1953 confirming the return of both watches used during the expedition, as agreed (stamped on the back A7 and B7, we know that Norman Dyrenfurth, film maker of the 1952 fall expedition, had example B6) and the gift of the present watch in exchange.

401948/1_Dominique Appia (1926-2017)

Rolex, ref. , day-date, lapis dial

The “Day-Date” model was launched in 1956 and this specific reference 18239 in the late 1980’s . It is one of Rolex most coveted “classic” models – in opposition to the “sports” models.

Known as the wristwatch worn by presidents, hence its nickname “President”, it was the first water-resistant and self-winding chronometer wristwatch to offer a modern calendar with an instantaneous day display, spelt out in full in a window on the dial, in addition to the date.

Exclusively crafted in precious metals, very few watch models come close to the stature, eminence and timelessness of the Rolex “Day-Date”.

After a successful launch, the Rolex Day-Dates have been produced in a wide range of colour variations from lacquered, engraved or hard stone dials. Due to their high cost models with hard-stone dial, such as lapis, malachite or coral, are extremely rare. Indeed, due to the complexity of assembling wristwatches hard-stone dials, many examples encompass hairline cracks after being fitted to a watchcase.

A prestigious provenance

Dominique Appia is a Swiss artist born in Geneva on July 29th 1926. His artistic vocation ran in the family, since his great-uncle was Adolphe Appia (1862-1928) was a famous architect and theorist of stage lighting and décor.

After various jobs, from hotel bellboy to taxi driver, he learnt about photographic editing and printing, before persevering for 15 years as a draughtsman in an architect’s office, where he was confronted with the challenges of precision drawings and respect for proportions. He really started his artistic career at the age of 40, completely self-taught.

Fascinated by surrealism and the Renaissance, some of his most famous works can be found on the ceiling of the Victoria Hall in Geneva (1987) and at Rolex Geneva headquarters having designed some of the floors, murals and fountains, including 3 granit fountains, mosaic pool, 5 wall decorations (Phases de la Lune“, “Pendule de Foucault“, l'”Ecliptique“, “Plaisirs de la table“, et l'”Avenir de la tradition” (1994) and a granit floor labyrinth (1998) for which he was gifted this watch. The influence of Renaissance art is reflected in the taste for grandiose decorations and their integration into the architecture. From surrealism – he was greatly influenced by the Belgian Surrealists – an iconography suggesting dreamlike, oneiric, unusual and strange worlds.

He is also renowned for his work as an illustrator, a talent acquired during his years as an architectural drawer, whether for exhibitions or charities. In 1979, he won the Grand Prix de l’affiche française.

His work has been exhibited in the world’s greatest museums and fairs, notably the Rath museum in Geneva (1978 and 1979), the Centre Pompidou in Paris (1978, 1979, 1982 and 1988) and the FIAC, the International Contemporary Art Fair in Paris (2004).

A great lover of the city of Geneva, in 2013, he published Geneve : guide amoureux et sentimental pour les curieux (translation Geneva: a romantic and sentimental guide for the curious).

He pursued his artistic work up to the end stating in one of his last interview « Un artiste ne s’arrête jamais  » (translation : “an artist never stops”). He died on January 8th, 2017, leaving his mark on Geneva’s artistic life.

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