Antiquorum's much anticipated year-end sale, which we reported on last month, totaled $3.5m today (December 7).

The collection of modern and vintage timepieces drew an impressive 357 registered internet bidders in addition to the many room, telephone and commission bidders. Enthusiastic international bidding came from countries such as Japan, the UK, China, Hong Kong, Russia, Switzerland and America.

The Vacheron Constantin minute repeating perpetual calendar wristwatch

Evan Zimmermann, President & CEO, Antiquorum, was delighted at the year his company has had:

"We are exceptionally pleased to have uncovered and sold some of the world's most extraordinary timepieces in 2011. In the year ahead, we look forward to continued success and to offering our clients only the very best the market has to offer.

"As such, we are eagerly anticipating our first sale of the new year on February 26th in Hong Kong which will feature a Patek Philippe ref. 5131 World Time with enamel dial and an extremely rare Patek Philippe ref. 3939 in pink gold,".

Watch fans should watch this space, as we certainly won't be missing that.

The highlight of the December sale was undeniably the Vacheron Constantin ref. 30020. The platinum minute repeater with perpetual calendar sold to a phone bidder for an impressive $218,500.

"Exceptional examples of modern timepieces in outstanding condition continue to attract collectors from all corners of the globe. We were particularly pleased with the results for the modern Vacheron Constantin watches included in today's sale," said Charles Tearle, Watch Director, Antiquorum USA.

The unique Parmigiani Fleurier Bugatti Type 370

Also attaining an important result was the exceptional cover lot, a unique Parmigiani Bugatti Type 370 with diamonds, whichwas acquired for $122,500.

Collectors who missed the sale, and were counting on purchasing a high quality timepiece for someone's Christmas present, should take a look at this Longines men's Olympic watch.