The “Horlogerie de collection” auction, organized by Artcurial featured an exclusive selection of 70 pieces from the best watch brands chosen for their condition, rarity and quality. Total sale including expenses : 4 011 658 $ USD, selling 69% of the lots presented.
BEST RESULTS
Lot 30 : Patek Philippe Ref.1518 « Big Arabic », circa 1943. A 18k yellow gold manual winding chronograph wristwatch. Sold for 1,068,430 $ USD.
Lot 29 : Rolex Daytona « Paul Newman », circa 1970. A stainless steel manual winding chronograph wristwatch. Sold for 513,282 $ USD.
BEST PERFORMANCES
Lot 04 : PATEK PHILIPPE Ref.3424, n° 857396/2622923, 1961. A 18k yellow gold manual winding wristwatch. 778 % variation between the low estimate and the final result (212,355 $ USD).
Lot 25: ROLEX Submariner “Comex 6077”, ref. 16800, n° 7276477, 1982. A stainless steel automatic diver’s wristwatch. 575 % variation between the low estimate and the final result (408,254 $ USD).
Lot 43 : ROLEX GMT Master “Chapter Ring / PCG”, ref. 1675, n° 623313, 1960. A stainless steel automatic wristwatch with 2 time zone. 398 % variation between the low estimate and the final result (36,179 $ USD).
BREAKDOWN BY BRANDS
Rolex
Occupying the second and third places in the sale’s top price rankings with two watches exceeding the price of 408,254 $ USD, it achieved the best figure in the sale (1,856,842 $ USD). Average per lot 64,029 $ USD.
Patek Philippe
Achieving the highest price of the sale, with a watch selling for 1,068,430 $ USD, it has the second highest total of 1,456,489 $ USD. Average per lot 291,298 $ USD.
F.P. Journe
In fourth place of the ranking, with a watch that passed the 283,140 $ USD mark, it is the third best performer by brand.
These three brands represent a total product of 3,596,471 $ USD, more than 90% of the total sale.
AVERAGE PRICE PER LOT
Considering the number of lots, 70 in total, including 22 unsold lots, the average price of a lot was 83,576 $ USD.
CONCLUSION
This sale demonstrated once again the dynamism of the market in the auction, we can note the presence in the top trio of the following brands : Rolex, Patek Philippe and F.P. Journe.
