The “Horlogerie de Collection” auction, organized by Artcurial in Basel on March 13, 2024, featured an exclusive selection of 66 pieces from the finest watch brands, chosen for their condition, rarity and quality. Total sale, including fees: $1,064,315 USD, or 56% of lots presented.
BEST RESULTS
Lot 218 :Patek Philippe Ref. 3970, first generation Called “Snap on Case Back”, Produced from the first lot, No. 875006 / 2824116, circa 1986. Sold for $281,802 USD.
Lot 246 : Rolex Model “Dato Compax Antimagnetic Chronograph” Called “Jean-Claude Killy” Ref. 6236, Serial No. 384255 Circa 1958. Sold for $112,721 USD.
BEST PERFORMANCES
Lot 264 : Parmigiani Model “Toric Chronograph “No. 3785, circa 2008 in 18K yellow gold, signed. 271% variation between low estimate and final result ($16,908 USD).
Lot 218 : Patek Philippe Ref. 3970, first generation called “Snap on Case Back”, produced from the first lot, No. 875006 / 2824116, circa 1986. 210% variation between low estimate and final result ($112,721 USD).
Lot 256 : Rolex Model “Oyster Perpetual “Ref. 6085, No. 793380, circa 1954 in 10K yellow gold with sweep center seconds. 147% variation between low estimate and final result ($11,259 USD).
BREAKDOWN BY BRAND
PATEK PHILIPPE
Occupying first place in the ranking of best sales prices. PATEK PHILIPPE achieved the highest sales figure of $575,478 USD.
ROLEX
Occupying second place in the sale’s top-price ranking. Rolex realized $369,852 USD.
JAEGER LE COULTRE
With a watch that fetched $16,513 USD, Jaeger Le Coultre was the third best-performing brand in the sale, with a result of $27,772 USD.
These three brands accounted for total proceeds of $973,102 USD, or 91% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 66 in all, including 29 unsold lots, the average price per lot was $28,765 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 Jaeger le Coultre.