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Thursday, 30th September 2004 (7412 views)

An 18-carat gold antique pocket watch, once owned by an Egyptian King, is to go on display for the first time at a special jewellery event.<BR/><BR/>The pocket watch was presented to King Fouad in 1929 and will now feature at Jewellery Arabia 2004, before it is auctioned in Switzerland in April next year.<BR/><BR/>A spokesman for Swiss auction house Antiquorum said: "There is tremendous interest from buyers for this watch, which has been estimated by experts at a value of $3 million to $4m."<BR/><BR/>According to Gulf Daily News, Antiquorum is going to use the jewellery event to showcase some of its rarest pieces, as it celebrates 30 years.<BR/><BR/>In addition the 'most complicated watch in the world' is to go on display - a pink gold Patek Philippe Calibre 89.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=3499801"/>

 

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