James Dean’s watch sells for more than $40K

July 24, 2013 - PRLog -- The pocket watch, made by American watchmaker Standard USA, exceeded expectations by quadrupling its pre-sale high estimate of $10,000.

The 37 mm, circa 1889 timepiece features an American-made Elgin movement and a gold-filled case with an engine-turned back and cartouche with the initials “JD” engraved on the front cover.

The rhodium-plated movement has a three-quarter-inch plate, five jewels, straight-line lever escapement and a cut-bimetallic compensation balance with a blued steel balance spring.

Overall, Antiquorum’s sale of Important Modern & Vintage Timepieces totaled a little more than $8 million and was 121 percent sold by value.

A Patek Philippe Ref. 5029 (below) minute-repeater in 18-karat pink gold (below), one of a limited edition of 10, sold for $421,562. The self-winding, 18-karat pink gold chronometer wristwatch features its original strap with chronometer tag.

p

A platinum A. Lange & Söhne Ref. 702.025F “Tourbograph Pour le Mérite,” No. 35/51 (below), sold for $344,211. The 2007 wristwatch features a one-minute tourbillon regulator, 36-hour power reserve and a platinum buckle.

JL

A Patek Philippe Ref. 5971 with a platinum and baguette diamond bezel realized $328,741. Made in 2008, the wristwatch features a square button chronograph, register, perpetual calendar, moon phases, 24-hour indication, tachometer and platinum deployant clasp.

“The extraordinary outcome (of the auction) confirms that once again a carefully curated collection of rare timepieces drives strong competition and remarkable results,” said Julien Schaerer, managing director and watch expert at Antiquorum Geneva.