The auction “Le Temps est Féminin”, organized by Artcurial in Monaco on January 18, 2023, presented an exclusive selection of 53 pieces from the best watch brands chosen for their condition, rarity and quality. The total of the sale, including fees: $466,466 USD, representing 77% of the lots presented.
BEST RESULTS
Lot 752 : ROLEX, Oyster Perpetual. Complete set of 14 steel wristwatches. Sold for $230,185 USD.
Lot 734 : ROLEX, Submariner “Hulk”, ref. 116610LV, circa 2020. Steel diving wristwatch. Sold for $22,171 USD.
MEILLEURES PERFORMANCES
Lot 725 : VACHERON CONSTANTIN, Ref. 7945, “COIN WATCH” depicting the last Shah of Iran Mohammad Reza Pahlavi, circa 1970. Watch in 18k (750) yellow gold featuring a coin. 1 055% variation between the low estimate and the final result ( $10 662 USD).
Lot 749 : ROLEX, Date, Ref. 6917, circa 1979. Steel and 18k (750) yellow gold ladies’ wristwatch. 326% variation between the low estimate and the final result ( $3,150 USD).
Lot 750 : POMELLATO, No. 337, circa 2000. Ladies’ bracelet watch in 18k (750) yellow gold. 319% variation between the low estimate and the final result ($1,385 USD)
BREAKDOWN BY BRAND
ROLEX
Occupying the first place in the best price ranking of the sale. ROLEX achieved the highest sales figure of $881,009 USD
PATEK PHILIPPE
Occupying the second place of the best prices of the sale, PATEK PHILIPPE realized the figure of 833 402 $ USD
F.P. JOURNE
With a watch that reached the price of $339,220 USD, F.P JOURNE was the third highest performing brand in this sale with a result of $339,220 USD.
These three brands accounted for total proceeds of $2,053,631 USD, or 83% of the total sale.
AVERAGE PRICE PER LOT
Considering the number of lots, 53 in total, including 12 unsold lots, the average price of a lot was $11,377 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Rolex, Cartier and Jaeger LeCoultre.
