The Important Watches auction organized by Artcurial featured an exclusive selection of 168 pieces from the best watch brands chosen for their condition, rarity and quality. Total sale including expenses : 1 838 750 $ USD, selling nearly 80% of the lots presented.

BEST RESULTS

Lot 160 : Rolex ref. 5514 / 551, n° 5228421, Submariner “Comex 883” model, stainless steel automatic diver’s wristwatch, delivered to Comex, Marseille, sold for 123 042 $ USD.

Lot 144 : Patek Philippe ref. 3700/1, n° 1305357, Nautilus “Jumbo” model, stainless steel “Jumbo” automatic wristwatch, integrated bracelet with deployant clasp signed, sold for 112 909 $ USD.

BEST PERFORMANCES

Lot 57 : Moricand & Degrange, Genève, gold pocket watch with quarter repeater, or 1 142% variation between the low estimate and the final result (8 299 $ USD).

Lot 135 : Jaeger-Lecoultre ref. 3.227.010.4, modèle Atmos, silver metal atmospheric clock with calendar and moon phases indication, with original packaging, limited edition to 50 ex, n° 19/50, or 750% variation between the low estimate and the final result (28 394 $ USD).

Lot 169 : Audemars Piguet, n° 38636, 18k rose gold with triple calendar and moon phases indication, or 518% variation between the low estimate and the final result (55 007 $ USD).

geoffroy ader expert artcurial

geoffroy ader expert artcurial

BREAKDOWN BY BRANDS

Patek Philippe
On the top step of the podium, with two watches having exceeded 100 000 $ USD, average per lot 23 026 $ USD. A result based on the second highest bid of the sale with lot 144.

Rolex
On the second step of the podium, with a watch above 100 000 $ USD, average per lot 24 525 $ USD. A result based on the highest bid of the sale with lot 160.

Audemars Piguet
On the third step of the podium, with a watch passing the $60,000 USD mark, average per lot 39 986 $ USD.

These three brands represent total proceeds of 1 074 369 $ USD, or nearly 60% of total sales.

geoffroy ader expert artcurial
geoffroy ader expert artcurial

AVERAGE PRICE PER LOT

Considering the number of lots, 168 in total, including 35 unsold lots, the average price of one lot was 13 825 $ USD.

CONCLUSION

This sale demonstrated once again the dynamism of the market in the auctions, we can note the presence in the top trio of the following brands : Patek Philippe, Rolex, and Audemars Piguet.

GEOFFROY ADER

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