The “Horlogerie de Collection” auction, organized by Artcurial in Monaco on January 16, 2023, presented an exclusive selection of 98 pieces from the best watch brands chosen for their condition, rarity and quality. The total sale, including fees, was $2,474,077 USD, representing 62% of the lots presented.
Lot 298 : F.P. JOURNE, Tourbillon Souverain Ruthenium, circa 2003. Limited edition of 99 pieces. Platinum (950) wristwatch with tourbillon and remontoir d’égalité, constant-force escapement and power reserve indication, ruthenium dial. Sold for $339,220 USD.D.
Lot 280 : PATEK PHILIPPE, Ref. 5004G-013, circa 2003. 18k (750) white gold wrist chronograph with split-seconds function, perpetual calendar and moon phases. Sold for $278,645 USD.
Lot 226 : ROLEX sold by CHAUMET. Day-Date “Green bloodstone jasper dial,” ref. 18038, circa 1978. 18k (750) yellow gold and bloodstone wristwatch, special order of His Majesty King Hassan II from Chaumet for his physician. 504% variation between the low estimate and the final result ($111,458 USD).
Lot 227 : CARTIER. Circa 1930. 18k (750) yellow gold tuxedo watch with black dial. 195% variation between the low estimate and the final result ($10,904 USD).
Lot 225 : PATEK PHILIPPE, Calatrava, Ref. 3923. 18k (750) rose gold wristwatch. 183% variation between the low estimate and the final result ($10,471 USD).
BREAKDOWN BY BRAND
Occupying the first place in the best price ranking of the sale. ROLEX achieved the highest sales figure of $881,009 USD
Occupying the second place of the best prices of the sale, PATEK PHILIPPE realized the figure of 833 402 $ USD
With a watch that reached the price of $339,220 USD, F.P JOURNE was the third highest performing brand in this sale with a result of $339,220 USD.
These three brands accounted for total proceeds of $2,053,631 USD, or 83% of the total sale.
AVERAGE PRICE PER LOT
Considering the number of lots, 98 in total, including 37 unsold lots, the average price of a lot was $40,559 USD.
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Rolex, Patek Philippe, F.P Journe.