The “Fine Watches” auction organized by Sotheby’s in New York on December 13, 2024, featured an exclusive selection of 324 pieces from the finest watch brands, chosen for their condition, rarity, and quality. Total sale, including fees: $5,904,240 USD, representing 100% of the lots presented.

BEST RESULTS

Lot 418: Rolex – Reference 6263 ‘Panda Paul Newman’ Daytona | Steel chronograph wristwatch with tropical minute track and bracelet. Sold for $312,000 USD

Lot 334: Patek Philippe – Reference 3970 E ‘Third Series’ | Yellow gold perpetual calendar chronograph wristwatch with moon phases, leap year indicator, and 24-hour display. Sold for $114,000 USD

Lot 341: Asprey – Reference 116500LN Daytona | Sold by Asprey: An automatic chronograph wristwatch in stainless steel. Sold for $108,000 USD

BEST PERFORMANCES

Lot 463: Piaget Circa 1970 – Reference 3656 N 38 | Yellow gold, diamond, and coral wristwatch, circa 1970. 524% variation between the base estimate and the final result ($31,200)

Lot 462: Piaget Circa 1970 – Reference 9188 A 6 | Yellow gold bracelet watch set with diamonds, circa 1970. 320% variation between the base estimate and the final result ($33,600)

Lot 591: Jean Dunand Circa 2010 – Reference 5100 Palace | A unique rose gold skeleton wristwatch, single-push-piece tourbillon chronograph with dual time zone and power reserve indicator. 284% variation between the base estimate and the final result ($38,400 USD)

BREAKDOWN BY BRAND

Rolex

Ranking first in terms of highest sale prices, Rolex achieved the highest sale figure of $2,058,840 USD.

Patek Philippe

Ranking second in terms of highest sale prices, Patek Philippe achieved a sale figure of $1,166,400 USD.

Audemars Piguet

With a watch that reached a price of $42,000, Audemars Piguet was the third best-performing brand in this sale, with a total of $394,200.

These three brands accounted for a total of $3,619,440, or 61% of the total sale.

AVERAGE PRICE PER LOT

Given the number of lots, 324 in total, including 0 unsold lots, the average price per lot was $18,223 USD.

CONCLUSION

This sale once again demonstrated the dynamism of the auction market, with the following brands featuring in the top three: Rolex, Patek Philippe, and Audemars Piguet.

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