Watch Auction: Exclusively Tourbillons – for Two Million Euro
Chrono24.com and Auctionata have brought together 29 of the rarest tourbillon watches in the world
Karlsruhe/Berlin, 31 October 2013 – With an exquisite selection of watches with tourbillons, Chrono24 (www.chrono24.com) offers, together with online art and auction house Auctionata (www.auctionata.com), one of the most exciting auctions in the luxury watch industry. The online auction will take place on 8 November 2013 at 6 pm CET and is streamed live from Auctionata’s TV studio in Berlin – anybody with a pc, tablet or mobile device and an internet connection can follow the auction and place bids without time delay from all over the world. The catalogue is available at http://chrono24.auctionata.com/s/82/tourbillon-exklusive-uhren. The tourbillon is the most complicated manner of building a mechanical watch. The escapement is built into a rotating cage in order to eliminate the effects of gravity. The most exclusive of the valuable pieces include the Bi-Axial Tourbillon from Girard Perregaux, ref. 99810, built in 2010 in 18 karat red gold – estimated price 180,000 euro – and various watches from Breguet, the inventor of the tourbillon. From Glashütte, a complete set of five tourbillon watches from the PanoMatic series celebrating the 500th birthday of the city of Glashütte will be available in the auction. The estimated price of the limited to a run of 50 pieces PanoMatic is 150,000 euro, the starting prices are set at 50 percent of the estimated market values.
Also included are two IWC “Il Destriero Scafusia” watches from 1995, from Schaffhausen, with an estimated value of more than 100,000 euro per watch. The IWC, of which only 125 were produced, has a hand-wound tourbillon, a perpetual calendar showing the year and a chronograph with a split-second hand. This abundance of features makes this watch one of the most complicated of its type. “This is the world’s first auction selling only tourbillons, which we were able to bring together for this very special event thanks to our network of dealers. Together with Auctionata, we are offering 29 lovely pieces to watch-lovers and investors – these watches have some of the most stable values in the history of watchmaking,” says Tim Stracke, co-CEO of Chrono24. This is the first time that the global marketplace for luxury watches, with an inventory of over 150,000 watches, is entering the auction business.
“From our point of view, a live auction via internet streaming is the only type of auction appropriate to Chrono24. This selected collection of tourbillons tops this fact off,” says Tim Stracke. Dr. Oliver Hoffmann, curator of the auction and director of the Watch Department at Auctionata, will comment the watches as an expert live in the TV Studio next to the auctioneer: “I want to use this first auction in cooperation with Chrono24 to bring the fascination with complex watches alive.” Alexander Zacke, CEO of Auctionata is also looking forward to the exquisite pilot auction: “The event means a great start to upcoming Chrono24 watch auctions which will take place along various themes in the future.”
Be inside the studio – register at: team@euromarcom.de
Experience the auction via live stream:
https://chrono24.auctionata.com/s/82/tourbillon-exklusive-uhren/registration
Get pictures of the tourbillon watches at: team@euromarcom.de
Chrono24 (www.chrono24.de) is the world most popular online marketplace for high quality luxury watches with more than 150,000 offers from over 70 countries. More than 1,000 permanent and professional dealers as well as several thousand individual private-sellers offer luxury watches of all brands – Omega, IWC, Rolex, Patek Philippe, Vacheron Constantin, Longines, Lange & Söhne, Glashütte Original, Zenith and many more. Chrono24 has more than 5 million visits per month, selling vintage watches, NOS pieces (New Old Stock) as well as new and unworn in safe kept watches. Safety is an issue of great importance: Before the dealers are allowed to trade on the online marketplace, they are strictly checked.
About Auctionata
As the world’s online auctions pioneer, Auctionata offers the gamut of services of an art and auction house entirely over the Internet. Working 100% online, the company offers evaluation, appraisal, authentication and marketing of precious objects, along with all associated logistics. The vision of the Berlin-based start-up is to open up the international art market to the general public via the direct access made possible by the internet and to bring the thrill of the auction room live and in HD on to the computers, tablets and mobile devices from bidders all over the world.
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