Auction Geneva, 25 October 2009

PRESS RELEASE

Contact: Ita McCobb
International Marketing & Communication
Patrizzi & Co Auctioneers SA
Tel. +41 22 318 28 38
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Watchmaking masterpieces

Sublime elegance in horological works of art

SUNDAY 25 OCTOBER 2009 – MANDARIN ORIENTAL HOTEL, GENEVA

Patrizzi & Co’s Geneva auction of very unusual and rare works of horological art will take place on 25 October 2009. The pieces in the sale are all very unusual and several are destined to attract the attention of collectors including some fabulous Patek Philippe pocket watches and wristwatches and three exceptional Cartier pieces – two chinoiseries clocks and a very rare and unusual Cartier Barometer made in 1930 in brass, silver, rock crystal, crystal, black and red lacquer and coral. This rare barometer is of dodecagonal shape and besides indicating the weather conditions, it also indicates atmospheric pressure relative to sea-level.

Among the pieces guaranteed to be much sought after are several prize winning Patek Philippe pocket watches and exceptional Patek Philippe Ref 1463 wristwatches. The Cartier chinoiseries pieces in the auction are superb examples of the Art Deco chinoiseries period. Chinese influence grew in Europe in the early 1900s when performances such as the opera Madame Butterfly first introduced the Chinese style and culture to Europe and created a new trend in high society, spurring the imagination of interior, textile and jewelry designers such as Cartier.

Louis Cartier systematically collected pieces of Chinese antiquity from the leading antique dealers of the time and his work reflected various themes from Chinese life and traditions while also incorporating pieces of actual material of Chinese origin such as enamel, jade, ivory, Chinese lacquer and mother-of-pearl marqueterie inlays. The Cartier carriage clock in this auction features an antique jade Fô-Dog (mythological lion sometimes called the lion of Buddha) sitting atop the clock keeping it safe from danger and the Cartier table clock incorporates typically Louis Cartier elements from Chinese antiquity such as the rows of coral lacquered cylinders in red (which is a lucky color in china), onyx, black lacquer, and mother-of-pearl.


Highlights of the sale

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A magnificent Patek Philippe, 18K yellow gold, keyless, “Extra” pocket chronometer pocket watch with one minute Tourbillon regulator, adjusted by the famous master adjuster François Modoux. To truly appreciate this watch you must look at its details, those not seen by the naked eye. It won the first prize at the 1929 Geneva Observatory, and to do this it had to be exceptional. Patek Philippe did not, as a rule, sell their Observatory Contest winning tourbillions. Out of roughly 100 tourbillons made by the company, approximately only a dozen were ever sold so this piece is very special.

The estimation is CHF 250,000 – 300,000


A fabulous one owner 1951 Patek Philippe chronograph with round button chronograph, register and tachometer in rose gold with a rose gold dial Ref 1463 which is in superb condition and is being put to auction by the original client.

The estimation is CHF 240,000 – 260,000.


Two other watches in the Patek Philippe Ref 1463 series, a series that is much sought after and appreciated by collectors around the world, are also in this sale – one watch is in stainless steel and has Breguet numerals (pictured), and the other is in yellow gold.

The estimation for each is CHF 170,000 – 220,000.


This magnificent 1928 Art Deco Cartier travel clock in gold, enamel and Chinese lacquer comes complete with antique jade Fô-Dog guardian and travel case.

Estimation CHF 120,000 – 160,000


A small oblong 1930 Cartier Art Deco table clock in gold and enamel coral with a chinoiseries dial.

Estimation CHF 180,000 – 220,000.


Patrizzi & Co

Recognized as probably the world’s most important watch expert, Osvaldo Patrizzi, founder and chairman of Patrizzi & Co, trained originally as a watchmaker and then, spotting the growing interest of watch aficionados in collecting and buying these miniature masterpieces, he formed his first auction house.

Patrizzi was the first to develop thematic auctions as he watched the growth in market interest in specialist complication watch brands such as Patek Philippe, Cartier, Rolex, Swatch, Vacheron Constantin, and Omega – to name but a few.

Today, with his new auction house, Patrizzi offers even more benefits to watch collectors:

NO buyer’s commission: This represents the saving to buyers of between 20–25% of the hammer price, which most other major auction houses charge.

Five-year guarantee of authenticity: This guarantee eliminates what is often perceived to be the “risk factor” in buying important pieces via the Internet and includes an accurate and very detailed description of the quality of the piece(s) being purchased.

A choice of catalogs: Clients have a choice of purchasing a full color printed catalog or downloading their own personalized version of the online catalog onto their computer or new generation e-Book.


PREVIEW EXHIBITIONS

HONG KONG
(by appointment)

17 – 18 October 2009
The Landmark Mandarin Oriental
15 Queen's Road Central,
The Landmark, Central, Hong Kong
T: +852 2132 0188
e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

GENEVA
22 – 24 October 2009, from 10 a.m. to 6 p.m.
25 October 2009, from 9 a.m. to 11 a.m.

Patrizzi & Co
9 rue de la Cité
1204 Geneva
Switzerland
T. +41 22 318 28 38

 


AUCTION

Sunday 25 October 2009

Mandarin Oriental Hotel, Geneva

 

For more details of the sale visit: www.patrizziauction.com