The “Rare Watches Including Watches for ELA” auction organized by Christie’s in Geneva on November 11, 2024, featured an exclusive selection of 159 pieces from the finest watch brands, chosen for their condition, rarity, and quality. Total sale, including fees: $19,845,122 USD, representing 94% of the lots presented.
BEST RESULTS
Lot 58: BREGUET – A possibly unique, exceptionally rare, historically significant and previously unrecorded 18k white gold tonneau-shaped perpetual calendar wristwatch with retrograde date and moon phases. Sold for $2,112,550 USD
Lot 93: ROLEX – An exceedingly rare and outstandingly well-preserved 18k pink gold automatic triple calendar wristwatch with moon phases and star hour, “stelline” model, ref. 6062. Sold for $1,513,600 USD
Lot 77: F.P. JOURNE – An extremely rare and early 18k pink gold tourbillon wristwatch with power reserve, remontoir d’egalite and brass movement. Sold for $803,880 USD
BEST PERFORMANCES
Lot 9: OMEGA X SWATCH Vers 2022 – A unique and historic one millionth bioceramic quartz chronograph wristwatch with the seconds hand coated with omega moonshine™ gold signed omega x swatch. 13,760% variation between the base estimate and the final result ($76,230 USD)
Lot 58: BREGUET – A possibly unique, outstandingly rare, historically important and previously unrecorded 18k white gold tonneau-shaped perpetual calendar wristwatch with retrograde date and moon phases. 1820% variation between the base estimate and the final result ($2,112,550 USD)
Lot 38: AUDEMARS PIGUET – A possibly unique and highly attractive platinum and diamond-set skeletonised chronograph wristwatch. 908% variation between the base estimate and the final result ($166,320 USD)
BREAKDOWN BY BRAND
Patek Philippe
Ranking first in terms of highest sale prices, Patek Philippe achieved the highest sale figure of $13,258,740 USD.
A. Lange & Söhne
Ranking second in terms of highest sale prices, A. Lange & Söhne achieved a sale figure of $947,760 USD.
Vacheron Constantin
With a watch that reached a price of $125,400 USD, Vacheron Constantin was the third best-performing brand in this sale, with a total of $434,280 USD.
These three brands accounted for a total of $14,640,780 USD, or 100% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 159 in total, including 10 unsold lots, the average price per lot was $133,189 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands featuring in the top three: Rolex, Patek Philippe and Breguet.
