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Rolex sets record at Antiquorum auction

Posted on 2012-11-23, By A-Best Staff

This Single Red Prototype Ref. 1665 Sea Dweller Submariner is a self-winding, water-resistant stainless steel diver’s chronometer watch with a double red Sea Dweller logo. It is one of only six known to exist.


Geneva--An extremely rare Rolex Sea Dweller fetched more than four times its high pre-sale estimate at Antiquorum’s Nov. 11 auction here, setting a new world record for a Rolex sportwatch sold at auction.

 

The winning bidder paid $521,049 for the Single Red Prototype Ref. 1665 Sea-Dweller Submariner that once belonged to a Japanese collector, shattering its high estimate of $130,000. It was the first time the watch ever appeared at auction.

 

Also sold at Antiquorum’s Geneva auction was a musical fan with a concealed watch from Piguet & Capt, a gift from Prince Ferdinand of Saxe-Coburg and Gotha to Vicomte de Morais.

 

 

Crafted in 1810, the fan, pictured here, is gold, enamel and pearl painted in watercolors with a watch and a visible rose gold and diamond-set balance. It one of only three fans known to exist that is both set with a watch and plays music.

 

A number of Patek Philippe timepieces also drew heavy bidding at the auction.

 

A Patek Philippe Ref. 1518 (below), a rare perpetual calendar chronograph First Series made in 1951, sold for $282,961. A Ref. 2499 perpetual calendar chronograph sold for $308,441.

 

 

In addition, an Asian collector paid $206,482 for an extremely rare steel Patek Philippe Ref. 1463, more than 50 percent higher than its pre-sale estimate. The watch had belonged to Jacques Golay, a famous and highly respected watchmaker with Patek Philippe.

 

 

The watch (above) is the only one known with an asthmometer dial and features a round button chronograph, 30-minute register, respirations scale and a stainless steel buckle.

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