The “Important Watches featuring the Triazza Collection Part II” auction, organized by Christie’s in Hong Kong on May 26, 2023, featured an exclusive selection of 160 pieces from the finest watch brands, chosen for their condition, rarity and quality. Total sale, including fees: $23,558,246 USD, representing 90% of the lots presented.
BEST RESULTS
Lot 84 : PATEK PHILIPPE, Nautilus resold by Tiffany & Co. Ref. 5711/1A-018. Steel wristwatch with Tiffany Blue® dial. Sold for $2,494,651 USD.
Lot 132 : PATEK PHILIPPE, ref. 2499. 18k (750) yellow gold wrist chronograph. Sold for $1,951,506 USD.
BEST PERFORMANCES
Lot 63 : GERALD GENTA, Special Order for His Majesty Hassan II, King of Morocco. Bracelet watch in 18k (750) white gold with coral dial. Possibly one-of-a-kind. 1,538% variation between low estimate and final result ($183,816 USD).
Lot 65 :CARTIER, Tank Cintrée, circa 1926. Rare platinum bracelet watch (950)(750). 1,412% variation between the low estimate and the final result ($339,353 USD).
Lot 1 : TUDOR, Black Bay, Special Edition “Platinum Jubilee RASP”. Platinum bracelet watch. 1 265% variation between low estimate and final result ($91,908 USD).
BREAKDOWN BY BRAND
PATEK PHILIPPE
Occupying first place in the sale’s top price ranking. PATEK PHILIPPE achieved the best result of the sale at $14,382,840 USD.
F.P. JOURNE
Occupying second place in the best-priced sales ranking. F.P. JOURNE realized $2,845,735 USD.
ROLEX
With a watch that fetched $691,337 USD, Rolex was the third best-performing brand in the sale, with a result of $2,117,420 USD.
These three brands accounted for total proceeds of $19,345,995 USD, or 82% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 160 in all, including 16 unsold lots, the average price per lot was $163,599 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Patek Philippe, F.P. Journe and Rolex.
GEOFFROY ADER
