The “Horlogerie de Collection” auction, organised by Artcurial in Monaco on 15 January 2024, featured an exclusive selection of 87 pieces from the best watch brands, chosen for their condition, rarity and quality. The sale total, including fees: $2,233,979 USD, representing 84% of the lots presented.
BEST RESULTS
Lot 45 : ROLEX Day Date “The Eastern Arabic”, ref. 6613B, No. 403672. Historic piece Circa 1958 Bracelet watch in platinum (950) and diamonds. Sold for $299,661 USD.
Lot 86 : PATEK PHILIPPE Ref. 5004R-014, No. 3275173 / 4449190 Circa 2008 18k (750) pink gold bracelet chronograph with split-seconds function, perpetual calendar and moon phases signed. Sold for $239,729 USD.
BEST PERFORMANCES
Lot 52 : DANIEL ROTH Ref. 2147, Number 21. Circa 1990 18k (750) yellow gold monopusher wristwatch chronograph. 1868% variation between the low estimate and the final result ($35,959 USD).
Lot 36 :JAEGER LE COULTRE Reverso Géographique, ref. 270.2.58 in 18k (750) pink gold with day/night indication and second time zone. 621% variation between the low estimate and the final result ($39,555 USD).
Lot83 : BREGUET Ref. 3460BA112/196, No. 4486J. Circa 2001 18k (750) yellow gold bracelet chronograph Case: round, fluted caseband, screw lock, screw-down back, signed. 457% variation between low estimate and final result ($10,188 USD)
BREAKDOWN BY BRAND
PATEK PHILIPPE
Occupying first place in the best sales price ranking. PATEK PHILIPPE achieved the highest sales figure of $839,101 USD.
ROLEX
Occupying second place in the sale’s best-price ranking, ROLEX achieved a figure of $555,198 USD.
F.P. JOURNE
With a watch that fetched $172,670 USD, F.P. JOURNE was the third best performing brand in the sale, with a result of $263,767 USD.
These three brands accounted for total proceeds of $1,658,066 USD, or 71% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 87 in all, including 14 unsold lots, the average price per lot was $31,972 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Patek Philippe, Rolex and F.P Journe.
GEOFFROY ADER
