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Wednesday, 13th July 2005 (5856 views)

A yellow gold wristwatch helped Antiquorum to raise a total of US$6 million at its auction in Hong Kong.<br/> <br/>The yellow gold wristwatch topped the two-day event, bringing in $412,000 and contributing a significant amount to the total $6 million, which came from 406 lots.<br/> <br/>With its value beaten only by rare, minute-repeating 18-karat yellow gold men's wristwatch, a tonneau-shaped water-resistant timepiece fetched the second-highest amount for a watch at the auction.<br/><br/>The platinum piece includes a diamond-set dial in salmon pink featuring a chronograph, perpetual calendar and moon phases.<br/> <br/>Antiquorum's chief executive and president Osvaldo Patrizzi hailed the event as a resounding success, commenting: "We are excited to see such a strong interest for our auctions in Asia, with some lots achieving two or three times their estimate."<br/> <br/>The news comes following Antiquorum's auction in New York last month, which saw a platinum Breguet wristwatch sold for over $400,000.<br/><img alt="track" src="http://feeds.directnews.org.uk/feedtrack/dn.gif?feedid=196&itemid=15004577"/>

 

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