The auction “WATCHES ONLINE: THE GENEVA EDIT” organized by CHRISTIES in Geneva on May 30, 2024, presented an exclusive selection of 245 pieces from the finest watch brands, chosen for their condition, rarity and quality. Total sale, including fees: $3,578,499 USD, or 93% of lots presented.
BEST RESULTS
Lot 201: PATEK PHILIPPE – ‘Nautilus’ white gold perpetual calendar, REF. 5740/1G-001. Sold for $209,261 USD
Lot 245: ROLEX – steel ‘daytona’ chronograph, with white ‘Paul Newman’ dial, ref. 6239. Sold for $139,507 USD
Lot 203: PATEK PHILIPPE – ‘aquanaut’ stainless steel flyback chronograph, ref. 5968a. Sold for $118,581 USD
BEST PERFORMANCES
Lot 442: Lot of pocket watches. 656% variation between base estimate and final result ($4,185 USD)
Lot 297: TUDOR Vers 2022 – limited edition stainless steel ‘black bay’, made for the protection of royalty and platinum jubilee specialists, no. 284/300, ref. 79030b. 362% variation between base estimate and final result ($15,346 USD)
Lot 260: AUDEMARS PIGUET – ‘royal oak offshore’ stainless steel and ceramic chronograph, ref. 26470so. 310% variation between base estimate and final result ($36,272 USD)
BREAKDOWN BY BRAND
PATEK PHILIPPE
PATEK PHILIPPE was the highest-priced brand in the sale, with the best sales figure of $989,106 USD.
ROLEX
Occupying second place in the sale’s best-price ranking, ROLEX achieved a figure of $835,230 USD.
AUDEMARS PIGUET
With a watch that fetched $55,803 USD, AUDEMARS PIGUET was the third best performing brand in the sale, with a result of $416,708 USD.
These three brands accounted for total proceeds of $2,241,044 USD, or 63% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 245 in all, including 18 unsold lots, the average price per lot was $15764 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: F.P JOURNE, CHRISTIAAN VAN DER KLAAUW, CARAN D’ACHE & FABER-CASTELL FOR PATEK PHILIPPE
GEOFFROY ADER
