In a testament to the continued strength of the Jacob & Co. brand and the increasing appeal of its highly-complicated watches, two of the luxury watchmaker’s tourbillon timepieces achieved top ranking sales in the prestigious Antiquorum auction of “Important Collectors’ Wristwatches, Pocket Watches, Clocks and Horological Tools,” held at the Grand Hotel Kempinski in Geneva, Switzerland. Jacob & Co.’s exceptional Crystal Tourbillon was the top selling lot at 420,000CHF while the firm’s titanium Napoleon Quadra garnered the third highest selling lot at 312,000CHF. The two extremely rare timepieces were part of a selection of Swiss made modern tourbillon watches that included some of the world’s most esteemed brands and helped propel record-breaking sales at the auction.
The Crystal Tourbillon precisely exemplifies Jacob & Co.’s technical ability and mastery of complications combined with its high jewelry expertise. Considered a work of art by watch connoisseurs, the Crystal Tourbillon’s transparent dial and exhibition case back showcase a floating skeleton tourbillon with sapphire bridge. The exquisite movement is framed in an 18k white gold case and adorned by 17.48 carats of invisibly set baguette-cut diamonds. The Crystal Tourbillon was created in a limited edition of only 18 pieces.
Innovation is a hallmark of Jacob & Co. and is evident in the titanium Napoleon Quadra. Crafted from titanium, the unique timepiece features a transparent sapphire disk revealing the skeletonized four tourbillon escapements and four time zone apertures. The Napoleon Quadra is handcrafted and features 652 components. Another Jacob & Co. ‘world first,’ the watch is produced in a limited edition of only 18 pieces.
The impressive results achieved by these two timepieces at the Antiquorum auction parallel those achieved by Jacob & Co. jewelry pieces at Sotheby’s Magnificent Jewels and Jadeite auction held in Hong Kong, October 2008. In a similar play of events, a spectacular Jacob & Co. cushion-shaped diamond ring was the highest selling item at $5.78 million, while a yellow gold and diamond necklace and earring was the fourth at $960,624.
“Despite the challenging economic times, the brand continues to attract new customers and our exceptional timepieces and jewelry continue to yield record breaking sales at prominent auction houses,” states Denise Scala, Marketing Director of Jacob & Co. “We are proud that Jacob & Co. is consistently one of the most sought-after luxury brands in the world.”
About Jacob & Co.
Jacob & Co., the luxury timepiece and diamond jewelry house, was founded over 25 years ago in New York City. After years of designing for private clients, Jacob & Co. had established a sterling reputation with leaders in the entertainment industries allowing the company to launch their flagship store in New York City in 2004. Jacob & Co. has solidified their position as one of the worlds leading Swiss luxury watch and jewelry houses with the introduction of the legendary Five Time Zone technology and complicated movements, such as the Quenttin, revolutionary 31-day power reserve. The brand continues their dedication to the highest standards of craftsmanship, design and innovation, offering the finest quality Swiss made timepieces and precious jewelry for both men and women. The Jacob & Co. collections are currently sold world-wide.