AT JONES & HORAN, TIMEPIECES & JEWELRY REALIZE NEARLY $1 MILLION

MANCHESTER, N.H. - Jones and Horan's live webcast horology and jew­elry auction took place on October 20. The 550 Jots attained more than $988,000. Every lot was offered at no reserve, with buyers competing from 20 countries. The actual attendance at the auction location was small due t.o Jones & Horan's Jive online bidding proce­dures, as well as their inclusion of pho­tos, descriptions and condition reports on each lot. Jones & Horan charges no buyer's premium and no sales tax.

Top lot of the auction was a Rolex 18K Submariner ref 16618 with boxes and papers that hammered at $21,000, in the middle of the estimates. Also in the wristwatch category, a Rolex GMT Mas­ter ref 1675, circa 1968, sold for $11,500, Rolex Day-Date "President" ref 18239 in 18K with boxes and papers achieved $11,000, Vacheron & Constantin Torn­o-graph ref 6782 in 18K garnered $10,500, Rolex Explorer I ref 1016 with boxes and service papers brought $9,400, Tudor Prince Oysterdate Sub­mariner "snowflake" ref 7021/0, circa 1968, achieved $9,000, and a Rolex Oys­ter Perpetual Explorer ref 1016 sold for $8,800. The auction team was also pleasantly surprised that a rare Hamil­ton "Rectangle" in 18K white gold more than doubled its high estimate when it hammered at $8,800.

European pocket watches with split-seconds chronograph garner­ing $18,000, John Aroold gold fusee pocket chronometer with spring de tent escapement and helical hairspring sell­ing over estimates at $11,500 and Droz Jeannot Fils minute repeater perpetual calendar and moonphase bringing $8,800.

Most American pocket watches per­formed well with a rare Illinois Bunn Special Grade 161B achieving $18,000, an equally rare pendant-set Hamilton Grade 951 23J reached $8,000, and a rare hunting-case Hamilton Grade 947 23J went over estimates at $7,400. A rare, if not unique, United States Watch Co. Marion N.J. "Improved Self-Correct­ing Caleodar" triple caleodar with moonphase disappointed all wheo it gar­nered $10,000, below the estimates of $15/30,000.

A selection of 44 marine chronometers was enjoyed by many enthusiastic bid­ders, including a James Hatton London eight-day marine chrometer, circa 1810, that hammered at $6,000, Bar­raud London marine chronometer with eight-day winding indicator aperture that achieved $5,400, and a Hamilton rare Model M-21 marine chronometer with black 24-hour dial that exceeded estimates at $5,400

A few other highlights included a rare Rolex dealer's display "boor electrome­chanical desk clock, circa 1960, which achieved $7,600, a lot of 12 Swiss wrist­watch movements, which nearly doubled the estimates to attain $3,800, a dia­mond and 18K yellow and white gold bracelet that hammered at $3,600, and a Pierre Vernede a Agen very early small size oval verge fusee movement-only, which sold over four times the high esti­mate at $2,800.

Jones & Horan conducts two live auc­tions a year, with the next on April 26, as well as biweekly online-only auctions, all of which feature no reserves, no buy­er's premium and no New Hampshire sales tax.

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