The Only Watch auction by Christie’s featured an exclusive selection of 50 pieces from the best watch brands chosen for their condition, rarity and quality. Total sale fees included: 38 593 000 $ USD, selling all lots presented.

BEST RESULTS

Lot 28 : Patek Philippe ref. 6300A-010, The Grandmaster Chime model, wristwatch produced in stainless steel, first and only version specially created for Only Watch 2019, sold for 31 000 000 $ USD.

Lot 11 : F.P. Journe, Astronomic Blue/AST model, prototype movement, with unique case and dial developed especially for Only Watch, 44 mm tantalum case, astronomic prototype movement in 18K rose gold and blue chrome dial, sold for 1 800 000 $ USD.

BEST PERFORMANCES

Lot 44 : Tudor, first model Black Bay Ceramic One / M7921/001CN, entirely matt black ceramic wristwatch with a unique look in the long tradition of diving watches, or 7 678% variation between the low estimate and the final result (350 000 $ USD).

Lot 28 : Patek Philippe ref. 6300A-010, The Grandmaster Chime model, wristwatch produced in stainless steel, first and only version specially created for Only Watch 2019, or 1 140% variation between the low estimate and the final result (31 000 000 $ USD).

Lot 93 : Akrivia, chronomètre contemporain Only watch, manual winding movement with hours, minutes, seconds chronometer featuring hacking seconds, automatic zero reset, 100/h power reserve for one barrel, or 800% variation between the low estimate and the final result (360 000 $ USD).

market data review aderwatches

market data review aderwatches

BREAKDOWN BY BRANDS

Patek Philippe
On the first step of the podium, with a watch having passed the 30 000 000 $ USD mark, average with a single lot 31 000 000 $ USD. A result based on the highest bid of the sale with lot 28.

F.P. Journe
On the second step of the podium, with a watch at 1 800 000 $ USD, average with a single prize 1 800 000 $ USD.

Audemars Piguet
On the third step of the podium, with a watch at 1 000 000 $ USD, average with a single prize 1 000 000 $ USD.

These three brands represent total proceeds of 33 800 000 $ USD, or more than 85% of total sales.

market data review aderwatches
market data review aderwatches

AVERAGE PRICE PER LOT

Considering the number of lots, 50 in total, with no unsold lots, the average price of a lot was 771 860 $ 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, F.P. Journe and Audemars Piguet.

GEOFFROY ADER

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market data review aderwatches