The auction, « Horlogerie de collection »organized by Artcurial in Monte Carlo on January 17, 2022, presented an exclusive selection of 71 pieces from the best watch brands chosen for their condition, rarity and quality. The total sale, including fees, was $2,822,731 USD, representing 86% of the lots presented.
BEST RESULTS
Lot 328 : Patek Philippe, Nautilus Ref. 5711. Stainless steel automatic wristwatch with signed folding clasp. With a certificate of origin dated 10/21/2019. Sold for $237,328 USD.
Lot 327 : Rolex Submariner / Comex 6533 “The Last One” with its original warranty confirming delivery to Comex SA, ref. 16610. Sold for $178,281 USD.
BEST PERFORMANCE
Lot 345 : F.P. Journe Chronomètre Souverain, No. 148. An 18k rose gold manual-wind wristwatch, buckle signed. With a warranty dated 07/18. 420% variation between the low estimate and the final result ($88,998 USD).
Lot 305 : Omega. Speedmaster “Tropical brown”, ref 2998-1, No. 17301587. A stainless steel manual-winding chronograph wristwatch, chocolate dial, signed folding clasp. 279% variation between the low estimate and the final result ($51,215 USD).
Lot 335 : Audemars Piguet Quantième Perpétuel, No. 294149 / 3098.C51326. 18k (750) yellow gold wristwatch with perpetual calendar and moon phases Case: round, screw-down back, signed. 262% variation between the low estimate and the final result ($20,680 USD)
BREAKDOWN BY BRAND
Rolex
Occupying the top spot in the auction’s top price ranking. Rolex realized the highest figure of the sale, $1,262,517 USD
Patek Philippe
Achieving the highest price of the sale, with a watch selling for $237,328 USD, Patek Philippe realized a result of $502,542 USD
F.P. Journe
With a watch that fetched $163,163 USD, it was the third highest performing brand in this sale with a result of $252,161 USD.
These three brands accounted for total proceeds of $2,017,720 USD, or over 71% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 71 in total, including 10 unsold lots, the average price of a lot was $46,274 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Rolex, Patek Philippe and F.P. Journe
GEOFFROY ADER
