Antiquorum is holding its upcoming Geneva public sale on Might 9, 2021 on the Resort Beau-Rivage in Geneva, positioned alongside the well-known quay of Lake Geneva. However there will likely be no viewers in attendance on the public sale, which is ready to be broadcast digitally on the Antiquorum website.
Which is a darn good factor as a result of the scheduling has it partially working similtaneously the second day of Phillips Geneva Watch Auction XIII, which is able to happen stay and in individual (with very restricted capability) at Geneva’s La Resèrve. This fashion, I’d assume, bidders may be capable of participate in each auctions. In a non-pandemic 12 months, public sale week in Geneva is usually timed in order that the auctions staged by Phillips, Christie’s, Sotheby’s, and Antiquorum don’t run in parallel, however moderately staggered.
Boasting 535 heaps, there are a number of fascinating timepieces on provide at Antiquorum like at Phillips. The auctions by no means have a scarcity of fascinating watches – like this tasty Omega tourbillon at Antiquorum our buddies at Fratello unearthed earlier this week and Richard Habring’s personal prototype of the IWC split-seconds chronograph that Phillips is auctioning along side Habring2 for charity.
Immediately, I’d wish to take a fast have a look at lot 434 within the Antiquorum public sale: an ultra-rare A. Lange & Söhne Lange 1 in stainless steel.
What’s so particular in regards to the A. Lange & Söhne Lange 1 in stainless-steel?
A. Lange & Söhne by no means formally launched a stainless-steel watch earlier than the Odysseus arrived in late October 2019.
However that doesn’t imply that that there are not any stainless-steel examples of the flagship Lange 1 and a choose few different fashions in existence. There are some – a only a few made for sure early Lange retailers, as you can learn about in detail here – although they’re so few and much between that they’ve an virtually legendary standing amongst watch collectors. We estimate there to be about 25 examples of the metal Lange 1 in existence.
At the very least a few of these uncommon A. Lange & Söhne stainless-steel watches have originated in Milan’s premier watch retail retailer Pisa Orologeria.
“When A. Lange & Söhne was re-founded within the 1990s, Pisa Orologeria was one of many first retailers to imagine of their rebirth,” Fabio Bertini, one of many retailer’s now-retired house owners, confirmed to me in reply as to how these watches got here to be. “Due to this fact, on the time I had an ongoing working relationship with [co-refounder of A. Lange & Söhne] Günter Blümlein and I initially proposed to make a Lange 1 in stainless-steel.
“His reply was very rational: he defined to me that the totally different case materials wouldn’t have generated any change by way of value from the gold-encased model. However my motive wasn’t associated to cost; I used to be tickled by the thought of getting a metal model of a product normally crafted in gold – this was one thing exterior the field, particularly contemplating it contained an essential complication inside. And Mr. Blümlein accepted my provide.”
These watches are so underground that it’s nonetheless tough to seek out details about them. And Pisa possible wasn’t the one retailer with a small handful of them.
Stainless-steel Lange 1s don’t come up usually at public sale – collectors usually maintain them safely of their collections – and once they do, they trigger one thing of a ruckus.
What can we count on this metal Lange 1 to go for?
Antiquorum has set the estimate for this lot at CHF/$100,000-200,000. However is that basically the place the bidding will land?
If the current previous is any indicator, I’d boldly say no.
Current auctions present a gentle incline within the worth of those determined rarities. A black-dialed example showed up in June 2016 at Christie’s and was set at an public sale estimate of $200,000–400,000; it hammered at $233,000. The black-dialed variant is assumed to be the a lot rarer, with presumably solely three in existence.
Later that very same 12 months, a silver-dialed version confirmed up at Christie’s fall public sale and went for “simply” CHF 143,750 – properly above its estimate, although.
Maybe the massive daddy of current outcomes involved a mint-condition, unworn instance with silver dial that hammered at Phillips’ pre-pandemic Game Changers auction in December 2019 properly above its estimate. Granted, this explicit mannequin had by no means been worn and had by no means even had a strap connected to its lugs, making it pristine new outdated inventory. It was delivered to Cellini jewelers in New York Metropolis in 1999 and had been within the vault there ever since.
The watch got here accompanied by the unique bill indicating buy on November 29, 1999 for – get this – 17,271.93 German marks (or about €eight,830 at the moment). Phillips set the public sale estimate at $150,000-$300,000, and it went for a whopping $343,750.
And simply final 12 months, in June 2020, an example with silver dial showed up at Dr. Crott, the primary German public sale of the pandemic period. The public sale home set the estimate at €220,000-€300,000; it offered for €275,000.
After which there’s the way in which that the general public has been shopping for costly timepieces in the course of the pandemic – the public sale homes have by no means earned a lot on watches, presently setting file upon file.
The stainless-steel Reference 101.026 supplied at Antiquorum comes with a full set, which means its unique field and papers. Antiquorum writes that it’s being consigned by its unique Italian proprietor; the watch was offered to them in Milan in 1997 – which in all probability means it is among the Pisa Orologeria lot. That is its first look at public sale.
In case bidding on the stainless-steel Lange 1 doesn’t fairly work out for you, you’ll be able to maybe strive bidding on one in every of A. Lange & Söhne’s solely serial stainless-steel watches: the hard-to-get, waiting-list-only lot 435: Odysseus.
For extra data, please go to www.catalog.antiquorum.swiss/en/lots/a-lange-sohne-ref-101-026-1-lot-339-434.
Fast Info A. Lange & Söhne Lange 1 in stainless-steel
Case: 38.5 x 10 mm, stainless-steel
Motion: manually wound Caliber L901.zero with two serially working spring barrels, 72-hour energy reserve, three Hz/21,600 vph frequency, 53 jewels, screw-mounted gold chatons, swan-neck effective adjustment, hand-engraved stability cock, three-quarter plate
Features: hours, minutes, small seconds; massive date, energy reserve
12 months of manufacture: approx. 1997
Public sale estimate: CHF/$100,000-200,000