The “Horlogerie de Collection” auction, organized by Artcurial in Monaco on July 16, 2023, featured an exclusive selection of 119 pieces from the finest watch brands, chosen for their condition, rarity and quality. Total sale, including fees: $3,213,325 USD, or 67% of lots presented.
BEST RESULTS
Lot 273 : ROLEX, Daytona “Paul Newman”, ref. 6241, circa 1968. 14k yellow gold wrist chronograph. Sold for $509,084 USD.
Lot 261 : F.P. JOURNE, Tourbillon Souverain, circa 2007. Platinum wristwatch with tourbillon and remontoir d’égalité, constant-force escapement and power-reserve indication. Sold for $346,768 USD.
BEST PERFORMANCES
Lot 256 : CARTIER, Santos. Tuxedo watch in 18k yellow gold and diamonds. 372% variation between low estimate and final result ($10,624 USD).
Lot 250 : TUDOR, Oyster Prince Submariner “Square Crown Guards / Meter first”, circa 1959. Steel diver’s wristwatch. 276% variation between low estimate and final result ($63,451 USD).
Lot 287 : UNIVERSAL GENEVA, circa 1930/1936. Steel bracelet chronograph, special order for Pierre-Henri Clostermann. 228% variation between low estimate and final result ($22,134 USD).
BREAKDOWN BY BRAND
ROLEX
Occupying first place in the best sales price ranking. ROLEX achieved the highest sales figure of $1,586,911 USD.
AUDEMARS PIGUET
Occupying second place in the ranking of best sale prices. AUDEMARS PIGUET realized $644,102 USD.
F.P. JOURNE
With a watch that fetched $346,768 USD, F.P. JOURNE was the third best-performing brand in the sale, with a result of $405,792 USD.
These three brands represented total proceeds of $2,636,805 USD, or 82% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 119 in all, including 39 unsold lots, the average price per lot was $40,167 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Rolex, Audemars Piguet, F.P. Journe.
GEOFFROY ADER
