The auction “Horlogerie de collection”, organized by Artcurial in Monte Carlo on July 20, 2021, presented an exclusive selection of 88 pieces of the best watch brands chosen for their condition, rarity and quality. The total sale, including fees, was $3,855,055 USD, representing 85% of the lots presented.
Lot 653 : Rolex Submariner “Comex 793”, ref. 5514 / 5513, #5228398. Sold for $375,572 USD.
Lot 684 : ROLEX Daytona “Paul Newman”, ref. 6241, no. 1766169. Sold for $291,260 USD.
Lot 653 : Rolex Submariner “Comex 793”, ref. 5514 / 5513, no. 5228398. 430% variation between the low estimate and the final result ($375,572 USD).
Lot 669 : PATEK PHILIPPE Ellipse, ref. 3738/100, no. 3120592 / 4703339. 332% variation between the low estimate and the final result ($19,928 USD).
Lot 666 : ROLEX GMT Master “Concord / Nipple Dial”, ref. 1675, no. 2046681. 186% variation between the low estimate and the final result ($50,587 USD).
BREAKDOWN BY BRANDS
The Rolex brand was the highest priced brand in the sale, occupying the top four places in the auction, and achieved the highest figure of the sale ($2,274,587). Average per lot $64,988 USD.
With a watch selling for $145,630 USD, Patek Philippe recorded a total of $1,108,321 USD. Average per lot $65,195 USD.
With a watch that fetched $64,384 USD, it was the third highest performing brand in this sale. Average per lot $36,791 USD.
These three brands accounted for total proceeds of $3,530,071 USD, or over 92% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 88 in total, including 13 unsold lots, the average price per lot was $51,401 USD.
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Rolex, Patek Philippe and Audemars Piguet.