The Le Temps est Féminin auction organized by Artcurial featured an exclusive selection of 89 pieces from the best watch brands chosen for their condition, rarity and quality. Total sale including expenses : 976 518 $ USD, selling 80% of the lots presented.
BEST RESULTS
Lot 806 : Patek Philippe ref. 3266/95, n° 2607198 / 980230, platinum and diamond set manual winding lady’s wristwatch, integrated bracelet with diamond, sold for 250 537 $ USD.
Lot 807 : Patek Philippe 3100/25, n° 1100132 / 516884, probably unique piece, platinum and diamond set manual winding lady’s wristwatch, integrated bracelet with diamonds, clasp signed, sold for 250 537 $ USD.
BEST PERFORMANCES
Lot 867 : Piaget ref. 1203 A5, unique piece n° 102139, 18k gold and diamond set manual winding lady’s wristwatch, integrated bracelet with clasp signed, or 720% variation between the low estimate and the final result (13 696 $ USD).
Lot 838 : Cartier, n° 1862 / 2000, paperknife with watch, quartz movement and platinum finish, limited edition to 2 000 ex, or 538% variation between the low estimate and the final result (2 839 $ USD).
Lot 836 : Audemars Piguet ref. 14470ST, Royal Oak model, n° 482 – 398583 / D39345, stainless steel automatic lady’s wristwatch, integrated bracelet with deployant clasp signed, with 2 extra links, or 351% variation between the low estimate and the final result (7 527 $ USD).
BREAKDOWN BY BRANDS
Patek Philippe
On the top step of the podium, with two watches having exceeded 250 000 $ USD, average per lot 43 829 $ USD. A result based on the two highest bids of the sale with lots 806 and 807.
Piaget
On the second step of the podium, with a watch above 50 000 $ USD, average per lot 14 560 $ USD.
Gerald Genta
On the third step of the podium, with a watch passing the 50 000 $ USD mark, average per lot 27 225 $ USD.
These three brands represent total proceeds of 755 265 $ USD, or more than 75% of total sales.
AVERAGE PRICE PER LOT
Considering the number of lots, 89 in total, including 17 unsold lots, the average price of a lot was 13 563 $ 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, Piaget and Gerald Genta.