The auction ‘The New York Watch Auction: XII’, organised by Phillips in New York on 8 June 2025, featured an exclusive selection of 143 timepieces from leading watch brands, chosen for their condition, rarity and quality. Total sales, including fees: $24,900,780 USD, representing 100% of the lots offered.
BEST RESULTS
Lot 20: Patek Philippe – A superb yellow gold wristwatch with a perpetual calendar, in exceptional condition and of significant size, featuring a tachymeter scale, moon phase display and presentation box. Sold for $1,451,500 USD
Lot 95: Patek Philippe – An oversized stainless steel wristwatch, significant, in extremely fine condition and new to the market, with a tricolour dial, large Breguet numerals and a long signature. Sold for $1,066,800 USD
Lot 8: F.P. Journe – A limited-edition silver and rose gold tourbillon wristwatch, historically significant, attractive and innovative, with small seconds, hinged case back, certificate and presentation box, numbered 39 out of a limited edition of 99. Sold for $889,000 USD
BEST PERFORMANCES
Lot 133: Bulgari circa 1980 – A yellow gold cuff-style wristwatch, likely unique and absolutely magnificent, with a black dial. 4,155% variation between the base estimate and the final result (USD 17,018)
Lot 38: Cartier, circa 1978 – A very rare, large rectangular yellow gold wristwatch of an unusual shape. A 1,085% increase between the low estimate and the final result ($177,800 USD)
Lot 132: Piaget circa 1976 – An impressive, eclectic and alluring yellow gold wristwatch, featuring a tiger’s eye dial and a tiger’s eye-inlaid bracelet. 726% difference between the reserve and the final hammer price (USD 16,510)
BREAKDOWN BY BRAND
Patek Philippe
Topping the list of the highest prices achieved at the auction, Patek Philippe recorded the highest total for the sale at $9,541,400 USD
F.P. Journe
Ranking second in the list of top auction prices, F.P. Journe achieved a total of $2,813,050 USD
Rolex
With a watch that fetched $419,100 USD, Rolex was the third best-performing brand at this auction, achieving a total of $2,620,010 USD
These three brands accounted for a total of $14,974,460 USD, representing 60% of the total auction proceeds
AVERAGE PRICE PER LOT
Given the total number of lots, 143 in total, of which 0 remained unsold, the average price per lot was $174,131 USD
CONCLUSION
This sale has once again demonstrated the dynamism of the auction market; the top three brands were: Patek Philippe, F.P. Journe and Rolex
