Month: May 2013

Rare Lange Pour Le Mérite Timepieces Set New Auction Prices

A highly sought-after Lange masterpiece at the Antigoren’s ‘Modern and Antique Timepieces Collection’ by the Antigoren in Geneva on March 17, 2013: a rare white gold watch The Tourbillon ‘Pour le Mérite’ watch with case and blue dial combination changed hands for € 275,710. This charming watch is one of the 200 limited edition watches of 1994. Fifty of them have a platinum case and 130 have an 18K yellow gold case; only 19 have a white gold case.

 The high price of this complex watch, in addition to exceeding its original high estimate of 225,000 euros, was sold at a price four times the original retail price. Watch collectors from all over the world have expressed interest in this masterpiece. This sale is the highest ever in a Lange white gold edition Tourbillon ‘Pour le Mérite’ watch. At the auction, the Tourbillon ‘Pour le Mérite’ watch was one of the most popular Lange works. Good-quality watches are often sold at three to five times the original retail price.

 The Tourbillon ‘Pour le Mérite’ watch with a unique sesame chain drive system is the proud creation of Lange, the outstanding watchmaker of Saxony. Lange pioneered the installation of a sesame chain transmission system that compensates for the loss of clockwork torque on the watch in 1994. In combination with the extremely precise one-minute tourbillon, Lange regained its traditional leading position in manufacturing complex timepiece factories.

 The Tourbillon ‘Pour le Mérite’ watch’s sesame chain drive system provides a constant power output for the watch.