The Watches Online auction organized by Sotheby’s featured an exclusive selection of 65 pieces from the best watch brands chosen for their condition, rarity and quality. Total sale fees included: 585 744 $ USD, selling more than 90% of the lots presented.
BEST RESULTS
Lot 65 : Rolex ref. 16520, Daytona Inverted Six model, stainless steel chronograph wristwatch with bracelet, sold for 27 807 $ USD.
Lot 9 : Rolex ref. 116528, Daytona model, automatic chronograph wristwatch in 18k yellow gold with bracelet, sold for 26 171 $ USD.
BEST PERFORMANCES
Lot 43 : Audemars Piguet ref. 15120BC.OO.A002CR.02, Jules Audemars model, 18k white gold automatic wristwatch with date, or 275% variation between the low estimate and the final result (9 814 $ USD).
Lot 11 : Breitling ref. A24322, Nativimer model, stainless steel dual-time chronograph wristwatch with date and bracelet, or 244% variation between the low estimate and the final result (3 599 $ USD).
Lot 22 : Patek Philippe ref. 4960, Aquanaut model, stainless steel wristwatch with date, or 204% variation between the low estimate and the final result (13 903 $ USD).
BREAKDOWN BY BRANDS
Rolex
On the top step of the podium, with two watches having exceeded 25 000 $ USD, average per lot 15 866 $ USD. A result based on the highest bid of the sale with lot 65.
Patek Philippe
On the second step of the podium, with three watches above 10 000 $ USD, average per lot 7 997 $ USD.
Audemars Piguet
On the third step of the podium, with a watch passing the 14 000 $ USD mark, average per lot 11 395 $ USD.
These three brands represent total proceeds of 410 070 $ USD, or 60% of total sales.
AVERAGE PRICE PER LOT
Considering the number of lots, 65 in total, including 4 unsold lots, the average price of a lot was 9 602 $ USD.
CONCLUSION
This sale demonstrated once again the dynamism of the market in the auctions, we can note the presence in the top trio of the following brands : Rolex, Patek Philippe and Audemars Piguet.
