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STANDING ROOM ONLY

AT SOTHEBYS LONDON AS

THE GEORGE DANIELS HOROLOGICAL

COLLECTION TOTALS 8,285,139

George Daniels Space Travellers WatchAchieved Highest PriceSelling for 1,329,250

**A Record for George Daniels at Auction**

** A Record for an English Watch**

**A Record for an Independent Watchmaker**

LONDON, 6TH NOVEMBER, 2012 --- Today, it was standing-room only atSothebys London sale room, as

the auction of The George Daniels Horological Collection achieved a total of 8,285,139/ 10,343,972 /

$13,249,594, far surpassing the pre-sale estimate of 3,806,390- 5,768,800. As four centuries of watches

and clocks went under the hammer, 98.5% of the 137 lots belonging to the great British horologist sold

when buyers battled for the highly prized timepieces. All of the nine watches made by George Daniels saw

strong demand, selling above their high estimates. The top lot of the sale was George Daniels Space

Travellers Watchwhich sold for 1,329,250 establishing not only a new record for Daniels at auction,

but also a record for an English watch and for an independent watchmaker at auction. All of the proceeds

from the auction will benefit the George Daniels Educational Trust.*

mailto:Rosamund.chester@sothebys.commailto:simon.warren@sothebys.commailto:matthew.weigman@sothebys.com

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Discussing the results of todays auction of The George Daniels Horological Collection, Jonathan

Hills, Head of Sothebys London Clock and Barometer Department commented: Today in London wesaw the international watch world descend on Sothebys to witness a landmark auction. The remarkable

results achieved at the sale bear testament to the expertise and formidable reputation of George Daniels, and

cement his legacy as truly one of the greatest British watchmakers of all time.

Highlights:

Auction Results for The George Daniels Watches

Lot 9 - George Daniels,Space Travellers Watchdoubled its pre-sale estimate (400,000 -600,000) to achieve 1,329,250 / 1,659,565 / $2,125,737.

Lot 10- George Daniels, The Grand Complication Watch achieved 914,850 / 1,142,188 /$1,463,028 surpassing the pre-sale estimate of 500,000 - 800,000.

Lot 11 George Daniels, The Co-Axial Chronograph sold for 657,250 / 820,575 / $1,051,074above the pre-sale estimate of 300,000 - 500,000.

Lot 13 - George Daniels, The Co-Axial Chronograph Wristwatchexceeded pre-sale estimate(150,000 - 250,000) to achieve 385,250 / 480,984 / $616,092 .

Lot 12 George Daniels, 18k Yellow Gold Open-Faced One-Minute Spring Detent ChronometerTourbillon Watch, 1970 achieved 349,250 / 436,038 / $ 558,521, above the pre-sale estimateof 150,000 - 250,000.

Highlights:

Auction Results for Works from George Daniels Personal Collection of

Antique Watches and Clocks

Lot 130 Joseph Knibb,A Small Silver-Mounted Ebony Roman Striking Table Clock, London,

Dated 1677sold for 1,273,250 / 1,589,649 / $2,036,181 against a pre-sale estimate of600,000 900,000.

Lot 136 Joseph Knibb, An Ebony Double Six Hour Grande Sonnerie Table Clock, London,

Circa 1685 sold for 337,250 / 421,056 / $539,330, above the pre-sale estimate of 200,000 300,000.

Lot 105 Pennington, Pendleton & Others,A Rare and Important One Day MarineChronometer, No.24, London, Dated 1796 sold for 301,250 / 376,110 / $481,759, farsurpassing the pre-sale estimate of 60,000 80,000.

Lot 137 Thomas Tompion, Ebony Quarter Repeating Table Clock, No. 287, London, Circa

1697sold for 301,250 / 376,110 / $481,759 above the pre-sale estimate of 150,000 200,000.

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mailto:clocks@davidpoole.co.ukmailto:david.street.1@city.ac.uk

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+44 (0)20 7293 5000 F +44 (0)20 7293 5989 WWW.SOTHEBYS.COM

Sale Results London, Bond StSale L12313 The George Daniels Horological Collection 06 NOV 12

Grand Total 8,285,139 GBP (13,249,594 USD)(10,343,972 EUR) Exch Rate: 1.60Sold by Lot: 98.5% Lots Offered: 137Sold by Value: 97.4% Lots Sold/Unsold: 135 / 2

Lot Price (GBP) Estimate (GBP) Buyer

9 1,329,250 ($2,125,737) (1,659,565)400,000 - 600,000 PrivateGeorge Daniels, Space Travellers Watch: An 18k Yellow Gold Chronograph with Daniels Independent Double-Wheel

Escapement, Mean-Solar and Sidereal Time, Age & Phase of the Moon and Equation of Time Indications,circa

1982***RECORD FOR GEORGE DANIELS AT AUCTION******RECORD FOR AN ENGLISH WATCH***

***RECORD FOR AN INDEPENDENT WATCHMAKER***

130 1,273,250 ($2,036,181)(1,589,649) 600,000 - 900,000 PrivateJoseph Knibb, A Small Silver-Mounted Ebony Roman Striking Table Clock, London, dated 1677

10 914,850 ($1,463,028) (1,142,188) 500,000 - 800,000 AnonymousGeorge Daniels, The Grand Complication Watch: An 18k Yellow Gold One-Minute Tourbillon with Daniels Slim Co-AxialEscapement, Minute Repeating, Instantaneous Perpetual Calendar, Equation of Time, Moon-Phases, Thermometer andPower Reserve Indicator, circa 1987

11 657,250 ($1,051,074) (820,575) 300,000 - 500,000 PrivateGeorge Daniels, The Co-Axial Chronograph: An 18ct Yellow Gold Open-Faced Co-Axial Four-Minute Tourbillon Watch withDaniels Compact Chronograph Mechanism and 48-Hour Power Reserve, 1994

13 385,250 ($616,092) (480,984) 150,000 - 250,000 PrivateGeorge Daniels, The Co-Axial Chronograph Wristwatch: An 18k Yellow Gold Four-Minute Tourbillon Wristwatch withDaniels Slim Co-Axial Escapement and Compact Chronograph Mechanism, circa 1991

12 349,250 ($558,521) (436,038) 150,000 - 250,000 PrivateGeorge Daniels, An 18k Yellow Gold Open-Faced One-Minute Spring Detent Chronometer Tourbillon Watch, 1970

136 337,250 ($539,330) (421,056) 200,000 - 300,000 PrivateJoseph Knibb, An Ebony Double Six Hour Grande Sonnerie Table Clock, London, circa 1685

137 301,250 ($481,759) (376,110) 150,000 - 200,000 PrivateThomas Tompion, An Ebony Quarter Repeating Table Clock, No. 287, London, circa 1697

105 301,250 ($481,759) (376,110) 60,000 - 80,000 AnonymousPennington, Pendleton & Others, A Rare and Important One Day Marine Chronometer, No. 24, London, dated 1796

3 217,250 ($347,426) (271,236) 60,000 - 80,000 PrivateGeorge Daniels, Breguet et fils No.3225, A Replica Weight-Driven Three Wheel Skeleton Timepiece with Equation andAnnual Calendar, London, circa 1968

---PLEASE SEE SEPARATE POST-SALE PRESS RELEASE---

Specialist in Charge: Jonathan Hills Press Office Contact: Rosie Chester

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Please note all prices include buyer's premium. Sale session totals are net aggregate figures plus premiums. Sotheby's buyer's premium is 25% of the hammer priceon the first 25,000, 20% of the hammer price up to and including 500,000, and 12% thereafter on each lot. **Estimates do not include buyer's premium**

SOTHEBY'S: REGISTERED AT THE ABOVE ADDRESS NO. 874867