The Geneva Watch Auction: XII organized by Phillips featured an exclusive selection of 179 pieces from the best watch brands chosen for their condition, rarity and quality. Total sale including expenses : 27,424,985 $ USD.
BEST RESULTS
Lot 39 : Patek Philippe, reference 2523/1, 36mm diameter, 1954. Worldtime wristwatch pink gold dual crown. Sold for 5,430,208 $ USD.
Lot 90 : Patek Philippe, reference 3974, 36mm diameter, 2001. Platinum automatic perpetual calendar minute repeating wristwatch with moonphases. Sold for 1,546,592 $ USD.
BEST PERFORMANCES
Lot 155 : Audemars Piguet, reference 6001, 42mm Length, 35mm Width, Circa 1975. 908% variation between the low estimate and the final result.
Lot 118 : A. Lange & Söhne, movement No 410’245, 40mm diameter, 1950. An important historically chrome plated wristwatch. 782% variation between the low estimate and the final result.
Lot 83 : A. Lange & Söhne, reference 101.001, 38.5 mm diameter, Circa 1997. 530% variation between the low estimate and the final result. Rare and attractive yellow gold wristwatch with oversized date.
BREAKDOWN BY BRANDS
Patek Philippe
Occupying the whole podium of the best results, with three watches exceeding 1,401,779 $ USD, average per lot 297,213 $ USD.
Rolex
Occupying 4 places in the top ten ranking, it generates a total number of 8,435,308 $ USD with an average price of 136,053 $ USD.
Audemars Piguet
Thanks to good results, it stands out with an overall total of 1,760,895 $ USD, with an average per lot 125,778 $ USD.
These three brands represent a total product of 25,651,265 $ USD, more than 94% of the whole sale.
AVERAGE PRICE PER LOT
Considering the number of lots, 179 in total, including 6 unsold lots, the average price of a lot was 158,526 $USD.
CONCLUSION
This sale demonstrated once again the dynamism of the market in the auction, we can note the presence in the top trio of the following brands : Patek Philippe, Rolex and Audemars Piguet.
