The “The Geneva Watch Auction: XXIII” auction, organized by Phillips in Geneva on May 10, 2026, featured an exclusive selection of 225 timepieces from the world’s leading watch brands, carefully chosen for their condition, rarity, and quality. The auction realized a total of USD 96,223,297, including buyer’s premium, with 100% of the lots sold.
BEST RESULTS
Lot 27: Patek Philippe – Polychrome Two-Crown World-Time, “Doppia Corona Policromo” | An enormously attractive, rare, and important yellow gold two-crown world-time wristwatch with cloisonné enamel dial depicting the map of South America; one of two known examples and the only one ever to appear at public auction. Sold for USD 10,234,662.
Lot 6: F.P. Journe – Chronomètre à Résonance “Souscription No. 18” | An extremely rare and important platinum and pink gold “Souscription” chronometer wristwatch with dual resonating escapements, number 18 of a 20-piece souscription series. Sold for USD 6,267,943.
Lot 108: Louis Richard – Triple Detent Constant Force One Minute Tourbillon Chronometer | A groundbreaking, historically important yellow gold openface triple detent constant force one-minute tourbillon pocket chronometer. Sold for USD 5,101,261.
BEST PERFORMANCES
Lot 108: Louis Richard Circa 1860 – Triple Detent Constant Force One Minute Tourbillon Chronometer | A groundbreaking, historically important yellow gold openface triple detent constant force one-minute tourbillon pocket chronometer – 3,868% increase over the low estimate, achieving a final price of USD 5,101,261.
Lot 138: Paul Ditisheim Circa 1903 – Minute Detent Escapement Tourbillon | An impressive yellow gold hunter-cased minute detent escapement tourbillon with Guillaume balance, record holder of Kew Observatory – 2,017% increase over the low estimate, achieving a final price of USD 1,632,712.
Lot 182: Dino & Roberto Falcone Circa 1985 – A most probably unique and visually arresting white gold jump hours wristwatch with enamel dial, day and moonphase indications – 1,382% increase over the low estimate, achieving a final price of USD 1,142,898.
BREAKDOWN BY BRAND
Patek Philippe
Ranking first among the highest-selling brands of the auction, Patek Philippe achieved the highest total sales, reaching USD 28,959,837.
F.P. Journe
Ranking second among the highest-selling brands of the auction, F.P. Journe generated total sales of USD 16,755,161.
Rolex
With a watch sold for USD 1,061,263, Rolex ranked as the third best-performing brand of the auction, generating total sales of USD 8,899,913.
Together, these three brands generated total sales of USD 54,614,911, representing 57% of the auction’s total sales.
AVERAGE PRICE PER LOT
Based on a total of 225 lots, with 1 unsold lot, the average price per lot was USD 429,568.
CONCLUSION
This auction once again demonstrated the strength of the auction market, with Patek Philippe, F.P. Journe, and Rolex emerging as the three leading brands of the sale.
