Final Time Museum Sale Tops $18 Million

Sotheby's three-day October sale of "Masterpieces From the Time Museum, Part IV" tallied $18.2 million, far exceeding presale estimates of $8 to $11 million. It was one of the most important timepiece auctions in recent years. Collectors from around the globe gathered in New York City to view and vie for some 1,250 important timepieces, scientific instruments, and horological curiosities from the Time Museum, the finest collection of timekeeping devices in the world. The private collection was assembled over 30 years by Seth Atwood, a Rockford, Ill., businessman. This was the fourth and final sale in five years from the museum. Previous sales set several world records, and with them, this final sale brought the grand total of items sold from the Time Museum to $57.9 million. Among the most sought-after pieces were John and James Harrison's "Precision Regulator" (circa 1725), which

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