The auction “Passion for Time, an important collection of wristwatches and timepieces”, organized by Christie’s in New York on November 6, 2023, featured an exclusive selection of 113 pieces from the finest watch brands, chosen for their condition, rarity and quality. Total sale, including fees: $42,178,516 USD, representing 100% of the lots presented.
BESTS RESULTS
Lot 2096 : PHILIPPE DUFOUR, N°1 Unique and historic timepiece. Yellow gold minute-repeater wristwatch, grande and petite sonnerie, enamel dial, circa 1992. Sold for $5,701,224 USD.
Lot 2052 : ROLEX, GMT Master ref. 1675 “MARLON BRANDO”. Steel bracelet watch once owned by Marlon Brando and worn by the actor in the film Apocalypse Now, case engraved “M. BRANDO”, circa 1972. Sold for $5,095,740 USD.
BEST PERFORMANCES
Lot 2077 : AUDEMARS PIGUET, Royal Oak Quantième Perpétuel Ref. 25654ST. Steel wristwatch with calendar and moon phases, “sapphire blue” dial, circa 2000. 148% variation between low estimate and final result ($364,291 USD).
Lot 2021 : AUDEMARS PIGUET, Limited Edition Jules Audemars “Tradition d’Excellence” Ref. 25948PT. Platinum wristwatch with minute repeater, perpetual calendar and Tourbillon regulator, Limited Edition of 20, circa 2000. 100% variation between low estimate and final result ($147,117 USD).
Lot 2063 : PATEK PHILIPPE, Ref. 912. Yellow gold, ruby and pearl skeleton watch. Probably one-of-a-kind, circa 1980. 64% variation between low estimate and final result ($364,291 USD).
BREAKDOWN BY BRAND
ROLEX
Occupying first place in the best sales price ranking. ROLEX achieved the highest sales figure of $13,518,973 USD.
PATEK PHILIPPE
Occupying second place in the ranking of best sale prices. PATEK PHILIPPE realized $8,776,616 USD.
PHILIPPE DUFOUR
With a watch that fetched $5,701,224 USD, PHILIPPE DUFOUR was the third best-performing brand in the sale, with a result of $5,701,224 USD.
These three brands represented total proceeds of $27,996,813 USD, or 66% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 113 in all (no unsold lots), the average price per lot was $373,261 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Rolex, Patek Philippe and Philippe Dufour.
GEOFFROY ADER
