Jaeger-LeCoultre

Today's Geneva auction...

An auction was held in Geneva today with 27 lots to be sold.

The results are sometime encouraging, sometime deceiving.

The small deception is the Duometre à Chronographe in Yellow Gold.

Prudently estimated 20 000 to 30 000 CHF, it only made 20 625 CHF, which doesn't reflect the true value of this awesome watch.

The good thing is that someone made an excellent deal on this piece.

Another great deal is the Reverso Septantième in platinum, which went for 25 000 CHF only, but the box was not the corrrect one...

A slight exception, the Amvox II DBS, which went a bit above the estimation ( 8 125 CHF ) :

The Master Perpetual Calendar, with its black dial, did better, and went above the estimation, at 7500 CHF, which is still a bargain, for such a fine perpetual calendar:

This very nice laquered Atmos did twice the estimations ( 13 750 CHF ) :

Another interesting Atmos, made for the 150th Anniversary of the Manufacture sold for 8125 CHF ( Hifgher estimation: 7500 CHF ).

As well as a very nice complicated Pocket Watch signed Lecoultre ( Quarter Minute Repeater and Perpetual Calendar, 56 mm big ), which went 3 times above the estimation ( 15 000 CHF ) :

The Polaris II, red dial, went for twice the estimation, at 5750 CHF! Sadly I lost the bid, but one of us won, which is some excellent news.

This Reverso Chocolate sold well, too, for 11 250 CHF.

The future classics, not limited in edition, are well appreciated. 2 examples, here:

The Master Géographique, 1st Generation, from 1993, went a bit above the estimation ( 9375 CHF ) :

Same for the Reverso Art Deco in rose gold, with an honorable 11875 CHF:

Some lessons? Difficult to get some conclusions from one auction, but it seems that:

1/ The Vintage clocks or wristwatches are more and more appreciated, depending on the condition and the interest, and this has been demonstrated by several auctions, not only this one.

2/ The " Limited Edition " is not a worthy concept ( Duometre and Septantième ) even if, in these 2 cases, they should get more interest than on this auction.

3/ The Future Classics, which are not limited, are pretty well considered...

Food for thought, for the Manufacture...

3/ Next auction to have an eye on, Paris, on the 29th of November... But we'll come back to this one, as the true stars of the Vintage JLC will bill there, even if there is a lot to say...

Best,

Nicolas.

PS: All the pictures are to be credited to Antiquorum, as the auction in question was held by this auction house.

💰552 Marketplace Listings for Jaeger LeCoultre›Jaeger LeCoultre Duometre · 1 for sale · 3135 discussions›

Thank you Nicolas...

By: Roni M : November 13th, 2011-11:41

Which is the Paris Auction on the 29th ? Roni

An auction dedicated to JLC, mostly Vintage.

By: amanico : November 13th, 2011-11:45

Nice outcome of the auction

By: blomman Mr Blue : November 13th, 2011-11:58

But I am sorry you missed the Polaris II, my friend. If one of us, I hope to see it here in the forum soon. Best Blomman

It is just a matter of time, my friend. I want all the 3 Polaris II...

By: amanico : November 13th, 2011-12:37

So, I still miss the Blue and the Red. Greediness is a feeling we share. All the best, my good friend. Nicolas.

Thanks for the good reporting, Nicolas

By: respo : November 13th, 2011-13:09

I was most surprised by the Chocolate Reverso, which I would have expected to do even better than it did. I continue to be surprised by the Duometre, which, as you said, is a great piece, and yet it has not held its value all that well as reflected in thi...

Well, there is a sense in these auctions.

By: amanico : November 13th, 2011-13:34

Hi Respo, I'm more and more often having an eye not only on the Collectors Markets, but also on the auctions. The auctions don't reflect the whole truth of the value of a piece, but it is a good indication, I think. Collectors and dealers, who are attehdi...

A reflection of the current times

By: flamenco : November 13th, 2011-16:27

perhaps ..... In general the prices look weak. Must be said there were some great watches offered. Congrats to the new owners, and thanks for sharing !

It depends. I also had an eye on the Vintage Rolex, during this auction.

By: amanico : November 13th, 2011-22:59

So so Rolexes received a so so welcome. There is always a place for exceptional watches, even when it is a crisis time. what is also interesting is that, this year, you don't often see very interesting watches for sale, and I really wonder why. Are there ...

Thanks Nico..

By: EdwardL : November 13th, 2011-18:21

For the summary of the antiquorum auction. So sorry you couldn't win the red Polaris. I wish you luck in your quest for it. Best to you friend. Ed

Thank you, my friend. I will get the two I miss, it is just a question of time. [nt]

By: amanico : November 13th, 2011-23:00

No message body

Easy to understand, but still very strange to see those beautiful pieces hammered that bad

By: PoyFR : November 13th, 2011-22:48

I am sorry you did not get your Red Polaris! Many thanks for preparing and sharing this report.

A pity, indeed. Will follow the further auctions, to see if we have a confirmation

By: amanico : November 13th, 2011-23:24

Or not. As for the Pola II, no problem, my time will come. You know me, I'm patient like a snake. Best, Nicolas.

Nicolas, you weren't the only one to walk away empty handed

By: rovermark : November 14th, 2011-01:04

I had an absentee bid in on the pocket watch that was a solid bid based on the estimate, but wasn't even in the game based on the final price realized. Good luck with your hunt.

We will find something for our hands, Mark. It is just a question of time.

By: amanico : November 14th, 2011-05:33

There are several auctions to come, bad luck cannot always be on our side! All the best, my friend. Nicolas. This message has been edited by amanico on 2011-11-14 05:34:03

Wow!

By: Mr.Gatsby : November 15th, 2011-10:27

That Duometre is lovely in YG. So is the Reverso in plat. Nice stuff indeed...

You'd better have an eye on these auctions, my friend.

By: amanico : November 15th, 2011-10:35

There are some good deals, often. Best, my friend. Nicolas.