The “Le temps est féminin” auction organized by Artcurial included an exclusive selection of 130 pieces from the best watch brands chosen according to their condition, rarity and quality. Total sale including costs: 677 767 $ USD, selling more than 60% of the lots presented.
BEST RESULTS
Lot 430 : Piaget ref. 924 G13, 18k yellow gold, onyx and coral set manual winding lady’s wristwatch, gold bracelet with clasp branded, sold for 69 017 $ USD.
Lot 369 : Audemars Piguet / Bulgari ref. 6182BC, 18k white gold manual winding lady’s wristwatch, Tubogas gold bracelet, sold for 39 551 $ USD.
BEST PERFORMANCES
Lot 325 : Piaget ref. 9865 D97, 18k yellow gold manual winding blangle watch, coral dial, gold integrated bracelet with clasp signed, or 357% variation between the low estimate and the final result (20 508 $ USD).
Lot 324 : Piaget ref. 924 G12, 18k yellow gold and tiger’s eye manual winding lady’s wristwatch, gold bracelet with tiger’s eye elements and clasp signed, or 214% variation between the low estimate and the final result (21 128 $ USD).
Lot 389 : Patek Philippe ref. 4819 / 005, 18k yellow gold quartz lady’s wristwatch, gold integrated bracelet with clasp branded, or 179% variation between the low estimate and the final result(4 687 $ USD).
BREAKDOWN BY BRANDS
Piaget
On the first step of the podium, with a watch having exceeded the 60 000 $ USD mark, average per lot 10 831 $ USD. A result based on the highest bid of the sale with lot 430.
Cartier
On the second step of the podium, with a watch above 15 000 $ USD, average per lot 5 363 $ USD.
Patek Philippe
On the third step of the podium, with a watch having exceeded the 20 000 $ USD mark, average per lot 8 316 $ USD.
These three brands represent a total revenue of 461 185 $ USD, or nearly 70% of the total sale.
AVERAGE PRICE PER LOT
Based on the number of lots, 130 in total, including 48 unsold lots, the average price of a lot was 8 265 $ USD.
CONCLUSION
This fourth thematic auction “Time is feminine” once again confirmed Piaget’s domination. It is interesting to note that the best auctions and market dynamics were again focused on Piaget with both the best result and the strongest progression between the estimate and the final result. Artcurial thus confirms its leadership in this new market sector, which has been booming for some time.
