Sotheby's Geneva auction sale results
An Automaton Snuff Box by Piguet & Capt in Geneva, 1801-1804 Sells for $842,408.
On 14 May, 2014, at Sotheby’s Geneva, nearly 550 watch connoisseurs from across the globe registered their intention to bid on rare timepieces which celebrated the central tenets of the art of fine watchmaking. The sale was led by an exceptionally rare 19th century gold and enamel snuff box with a concealed timepiece and musical automaton.
Two passionate bidders competed for this masterpiece of Swiss horology, driving the final price to $842,408.
The auction totalled $11,386,142) (est. $7.7-11.8 million).
Commenting after the sale, Geoffroy Ader, Head of Sotheby’s European Watch Department commented: “Today’s sale emphatically demonstrates the continued strong demand for rare examples of watchmaking skill which combine exemplary provenance and extraordinary condition. The highly competitive global bidding for never-before-seen pieces by Vacheron Constantin and the record price set for Panerai are emblematic of a diversifying market. The search for quality was apparent in the intense competition seen for vintage achievements by iconic brands such as Rolex. Our sale also paid homage to the original values of watchmaking, with unique items of historical significance, and there was enormous enthusiasm by discerning international connoisseurs not only for the Automaton Snuff Box, but also for our selection of timepieces spanning 200 years of watchmaking craftsmanship.”