Record 7 Million Swiss Francs for Two Antique Breguet Watches
Breguet No. 2667
Montres Breguet has rapidly moved into the world number one position in luxury watchmaking since it was acquired by the Swatch Group in 1999.
Now Breguet achieves another major milestone by acquiring two exceptional Breguet watches.
The two Breguet antique watches were bought by the Breguet Museum and its President, Marc A. Hayek at Christie’s auction in Geneva Switzerland on May 14th.
The two stunning Breguet watches made their mark on Fine Watchmaking history, by setting a record purchase price of nearly 7 million Swiss francs.
These two Breguet masterpieces are the most expensive ever purchased in Breguet’s history, and the costliest Breguet antique watches ever sold at auction to date.
The first watch (shown above) , no. 2667 dating from 1814, was sold for a staggering price of over 4 million Swiss francs. This thin pocket watch with two movements is based on the chronometer principle (resonance) and is an extremely rare timepiece that was made in 18-carat yellow gold and features unsurpassed delicacy and elegance. The antique watch is an extraordinary timepiece that reflects both Breguet’s refined aesthetic sense and his innovative inventive genius.
Breguet No. 4111
The second antique timepiece, no. 4111, is a thin flat equation-of-time and repeater watch, built on the chronometer principle. The Breguet watch repeats hours, half-hours, quarter-hours, and half-quarters. This “Grande Complication” watch dates from 1827 and was purchased for more than 2.5 million Swiss francs. It has an annual calendar as well as a manual perpetual calendar, and also displays mean and apparent solar time. This antique Breguet watch was manufactured extremely thin, a fascinating technical feat in a “Grande Complication” watch.