A watch might hold a lot of sentimental value for some people. There are people who collect old watches for the sake of business as well. Not many stores are there in the market where a person can buy these watches. Whatever be the amount of money a person might want to spend for an old watch these are not available in the market. However, there is one option which is available for such people looking for antique watches. There is an auction house called the Antiquorum where one can find a number of old watches and then the person can buy the watch if he/she wins in the bidding process. In the year 1974 a president of an investment firm decided to walk this difficult path of auctioning old but valuable watches. This is how the Antiquorum came into being. In fact over the last few years they have been able to make a niche in the market because of the quality of the products they auction. Evan Zimmermann has been able to create the auction house for auctioning all the items related to the field of horology and not many have been successful doing that. It required a lot of vision to be successful in this field and that is exactly what Evan had. He did not give up when the times were bad.
Auctioning the famous watches
There are certain watches which were auctioned by this house of auction and these watches fetched record prices. For example, Antiquorum was able to sell the longines watch which belonged to Albert Einstein for a record sum of 596000 dollars which is almost 2000 times more than its estimated value. In addition to this, it auctioned the pocket watch which belonged to Mahatma Gandhi and was able to get almost 2.1 million dollars. Antiquorum was also able to garner 234000 dollars for a Steve McQueen watch which is almost 20 times its estimated value.
How Evan Zimmermann has helped the company?
Evan Zimmermann has been able to make sure that a number of watches are sold and auctioned for many times over their estimated values. This is the reason behind the company becoming so successful in the modern times. In fact this company has been known to sell or auction almost 42 out of the total 62 watches which have been sold publicly for over Swiss franc 100000. The company also holds the distinction of being able to sell the Patek Philippe 1939 platinum watch for a world record value of 4026524 dollars.