Rare, handsome 1940s men's Longines wristwatch soars to $50,600 at Cottone Auctions May 31 A rare, handsome men’s Longines wristwatch, originally purchased around the time of World War II and descended in the same Buffalo, N.Y., family ever since, brought $50,600 at Cottone Auctions, May 31
News-Antique.com - Jun 05,2014 - GENESEO, N.Y. – A rare, handsome men’s Longines wristwatch, originally purchased around the time of World War II and descended in the same Buffalo, N.Y., family ever since, sold for $50,600 at an Advertising, Scientific and Art Auction held May 31st by Cottone Auctions, in the firm’s gallery located at 120 Court Street in Geneseo. The watch was easily the auction’s top lot.
“I’m not sure if this was a new auction record for a men’s Longines watch, but if not I’m sure it came close,” remarked Matt Cottone of Cottone Auctions. The watch – a Model 13 ZN – was a stainless steel chronograph wristwatch, with two-toned silver dial. Features included a concentric stopwatch, second and minute counter, two-button start-and-stop reset and a stainless steel case.
“This auction was wedged in between two fine art sales, which are typically bigger events, but we were thrilled with the interest in what was a wide variety of merchandise in the many diverse categories,” Cottone said. “The Longines watch, especially, came as a real pleasant surprise. We assigned it a pre-sale estimate of $3,000-$5,000, but I guess we forgot to add another zero there.”
Around 200 people attended the auction in person, while another 1,000 registered to bid online, through LiveAuctioneers.com and Invaluable.com. Telephone and absentee (or left) bids also numbered “in the hundreds, combined,” Cottone estimated, and he said of the nearly 450 lots that came up for bid, “98 or 99 percent changed hands. That’s a real successful sell-through, I’d say.”
Following are additional highlights from the auction. All prices quoted include a 15 percent buyer’s premium.
The second top lot of the auction was a Chelsea “Wardroom” clock in good running order, made by the American Ship Building Co. (Cleveland, Oh.), 12 inches tall with a 2-inch dial. It went for $15,000. Also, a mid-20th century figural bronze clock on a marble base depicting the French leader Napoleon on horseback, 38 inches tall and 22 inches wide, changed hands for $3,450.
A set of 12 Royal Doulton hand-painted and relief gold leafed plates, each one 10 ½ inches in diameter and showing roses and vignettes, very visually striking, found a new owner For $8,050, while a German porcelain stein, made in the 19th century and depicting a wild boar with a pipe and hat, marked “Musterschutz” and standing 7 ½ inches in height, attracted a top bid of $2,875.
Lithographs, posters and broadsides all came up for bid. A Merchants Union Express Company lithograph (Major & Knapp, Broadway, N.Y.), measuring 25 inches by 19 inches, wowed the crowd for $6,500. Also, a very large Calhoun print lithograph titled Peck’s Bad Boy and showing people and a dog outside Schultz Grocery (Hartford), 6 feet 10 inches by 10 feet, brought $3,738.
A U.S. Department of the Treasury currency broadside, 23 ½ inches by 19 ½ inches, went for $4,700, while a vintage Soviet Union poster with the (translated) message, “We stand for peace and work for the cause of peace