The Phillips X Blackbird: SPORTS auction organized by Phillips featured an exclusive selection of 82 pieces from the best watch brands chosen according to their condition, rarity and quality. Total sale including costs : 9 365 323 $ USD, selling 100% of the lots presented.
BEST RESULTS
Lot 882 : Rolex ref. 6538, Submariner “Big Crown” model, stainless steel wristwatch with sweep center seconds, black lacquer “four liner” dial, big crown and big logo bracelet, sold for 771 593 $ USD.
Lot 869 : Patek Philippe ref. 2499/100, yellow gold perpetual calendar chronograph wristwatch with moonphases, hang tag, sold for 648 752 $ USD.
BEST PERFORMANCES
Lot 816 : IWC ref. 3705, Der Fliegerchronograph model, ceramic and stainless steel chronograph wristwatch with German day and date indication, or 396% variation between the low estimate and the final result (24 792 $ USD).
Lot 819 : Omega ref. ST 345.0022.105, Speedmaster model, limited edition stainless steel chronograph wristwatch with “MIR – 365 Days” caseback inscription, bracelet, international warranty and box, numbered 12 of a limited edition of 28 pieces which flown in space for a year, or 340% variation between the low estimate and the final result (175 944 $ USD).
Lot 881 : Rolex ref. 5508, Submariner “Small Crown” model, stainless steel wristwatch with center seconds, no crown guards, “exclamation mark” black glossy dial and bracelet, or 330% variation between the low estimate and the final result (343 890 $ USD).
BREAKDOWN BY BRANDS
Rolex
On the first step of the podium, with a watch having surpassed the 750 000 $ USD mark, average per lot 135 227 $ USD. A result based on the highest bid of the sale with lot 882.
Patek Philippe
On the second step of the podium, with a watch above 600 000 $ USD, average per lot 179 100 $ USD.
Omega
On the third step of the podium, with a watch having exceeded 175 000 $ USD, average per lot 72 777 $ USD.
These three brands represent a total revenue of 8 521 913 $ USD, or more than 90% of the total sale.
AVERAGE PRICE PER LOT
Based on the number of lots, 82 in total, all of which were sold, the average price of a lot was 114 211 $ USD.
CONCLUSION
The market has demonstrated once again its strength on the auction block, we have noticed the presence of the three leading watch brands : Rolex, Patek Philippe and Omega.
