Read indepth magazine
Breguet Museum Acquires Two Antique Watches at Auction
The Breguet Museum, which holds items related to the history of the illustrious French watch-maker, has acquired two new Breguet watches for a record price of 7 million Swiss francs (£4.7 million).
Purchased for the Breguet Museum on behalf of its president, Marc A. Hayek, at the Christie’s timepiece auction in Geneva last week, the two pocket watches are said to be the costliest Breguet antique watches ever sold at auction.
The first watch dates from 1814 and was purchased for over 4 million Swiss francs. A thin pocket watch with two movements, it is an extremely rare piece made in 18-carat yellow gold
It features two separate dials, the first numbered with Arabic numerals, the second with Roman numerals.
The second antique piece, a thin flat equation-of-time and repeater watch dating from 1827, 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.
The Breguet Museum was inaugurated in September 2000. It is located on the first floor of the Breguet Boutique at 6 Place Vendôme in Paris.
Breguet was founded by Abraham-Louis Breguet in Paris in 1775.