Modern And Vintage Timepieces Draw Global Audience At Auctionata's First U.S.-Based Watch Auction

NEW YORK, Nov. 20, 2014 /PRNewswire/ -- Auctionata, along with its partner, Chrono24, successfully completed its first Modern & Vintage Timepieces auction Wednesday evening, from 7 PM to 9:40 PM EST. The auction attracted over 450 registered bidders from 41 countries, including Singapore, China, Russia, Italy, Brazil, Czech Republic, Sweden and Slovakia. Bidders actively participated in the auction, asking questions to auctioneer Steve Brezzo as well as Auctionata's watch experts, Robert Velasquez and Dr. Oliver Hoffmann, and engaging in the multiple facets of Auctionata's patented online platform. The most active bidding took place around the Patek Philippe Chronograph, Ref. 130, and Jaeger LeCoultre for Cartier Lunar Triple Date.

"Over the last few years, the watch community has grown globally as a result of social media. People are putting in more time and effort, becoming smarter consumers, and discovering watches of quality on auction blocks. By being in touch with this conversation, we were able to curate a collection that attracts novice collectors and watch enthusiasts alike, worldwide," said Robert Velasquez, Head of Sale and Watch specialist. "I am very pleased with the amount of attention this watch auction attracted globally."

Strong bidding online, over the phone and through partner sites, with many of the participants being from the U.S., took place within seconds for the following lots:

Chrono24: Modern & Vintage Timepieces Auction                   Results*       
Total: $275,400

62. Patek Philippe Chronograph, Ref. 130, c.1944                        $ 40,800
This watch is fitted with manual movement and has a salmon dial that shows gold Feuille hands, blued steel timer and subdial hand.

61. Patek Philippe Perpetual Calendar, Ref. 5040J, c. 2000           $ 31,200
Sold with its original fittings, this watch is the epitome of the brand's expert craftsmanship and precision.

46. Jaeger LeCoultre for Cartier Lunar Triple Date, c.1940              $ 24,000
The watch has a black dial with rose gold Dauphine hands and indices and displays a triple calendar with moonphase, hour, minute, second, and date. 

18. Glashutte Panomatic Chronograph L.E. in Platinum, c. 2010     $20,400
This watch has an 18kt solid white gold dial, accompanied by a watch case, crown, pushers and caseback made of platinum.

17. IWC Da Vinci Kurt Klaus Perpetual Calendar L.E., c. 2010      $ 12,000
A favorite among watch collectors, this watch's silver/white guilloche shows gold Losange hands and baton indices and has the original leather strap.

The next New York auction, 20^th Century Decorative Arts and Design, will take place on Monday, November 24, 2014 at 7 PM EST. For more information on the auction and its lots, visit Auctionata.com.

About Auctionata:
Auctionata provides the world access to live auctions anywhere and is the global leader in online sales of fine art, antiques and luxury collectibles. Through its patented technology, Auctionata has transferred the classical backdrop of the auction room to the internet, providing bidders with live stream auctions, real-time information on the bidding activities of the participants and the ability to place bids globally. With over 250 specialists around the world, Auctionata has the largest network of renowned experts who value, authenticate, and curate art objects for customers. Since its founding in 2012, Auctionata has processed more than 70,000 valuation requests. Auctionata also offers an online shop curated by experts, ranging from paintings, jewelry, Asian art, porcelain, design and antiques. The fast-growing shop offers more than 15,000 items with prices ranging from hundreds to hundreds of thousands of dollars, making Auctionata the online destination to share the love for unique objects.

Additional information may be found at http://auctionata.com/| Facebook: facebook.com/auctionata | Twitter: @auctionata #AuctionataLive | YouTube: youtube.com/AUCTIONATA | Instagram: @auctionata

* Prices achieved include the hammer price plus buyer's premium.

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SOURCE Auctionata

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