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Geneva auctioneers prepare for spring sales

Jewellery, luxury watches and vintage wine valued at more than SFr140 million ($132.9 million) are up for auction in spring sales in the western Swiss city.

This content was published on May 7, 2008 - 10:32

On Saturday and Sunday an auction organised by Antiquorum, which specialises in horology, offers 705 watches from the "collection of a European nobleman".

All the lots are new and the sale is expected to bring in SFr10-15 million.

Sotheby's will on Sunday offer watches and other timepieces - the oldest dating back to the 16th century - valued at SFr8.6-12 million. Of particular interest is a Patek Philippe chronometer that belonged to Count Carlo Felice Trossi, who was an honorary president of the Ferrari motor racing stable.

The auction house will auction 514 lots of diamonds and jewellery on Thursday, with an estimated value of up to SFr58.6 million. The highlight is a pair of diamond earrings valued at SFr2 million.

Phillips de Pury and Company has 430 lots of jewellery on sale on Tuesday worth SFr17.5-22 million. A necklace featuring 57 pear-shaped diamonds enhanced with a pear-shaped diamond drop could fetch up to SFr5 million.

Christie's is gearing up for three sales – with watches, fine wine and jewellery on offer. The main money-spinner is expected to be a ring featuring a blue diamond worth SFr6.6-8.8 million.

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