The “Watches Online: Geneva Edit” auction organized by Christie’s in Geneva on November 6, 2024, featured an exclusive selection of 151 pieces from the finest watch brands, chosen for their condition, rarity, and quality. Total sale, including fees: $2,292,433 USD, or 89% of the lots presented.
BEST RESULTS
Lot 201: Patek Philippe – Sought-after pink gold flyback chronograph dual time ‘nautilus’, ref. 5990/1r-001 sold for $215,725 USD
Lot 212: Patek Philippe – Yellow gold perpetual calendar wristwatch with moon phases, ref. 3450 sold for $143,816 USD
Lot 230: Audemars Piguet – Rose gold ‘royal oak double balance wheel openworked’, ref. 15467. Sold for $115,053 USD
BEST PERFORMANCES
Lot 309: Omega circa 2023 – Extremely rare stainless steel Speedmaster chronograph with khanjar symbol, ref. 310.30.42.50.01.003. 782% variation between the base estimate and the final result ($10,067 USD)
Lot 332: Patek Philippe – Pair of white gold cufflinks. 404% variation between the base estimate and the final result ($5,753 USD)
lot 333: Louis Vuitton – Special case for 8 watches. 215% variation between the base estimate and the final result ($10,786 USD)
BREAKDOWN BY BRAND
Patek Philippe
Ranking first in terms of highest sale prices, PATEK PHILIPPE achieved the highest sale figure of $757,337 USD.
Rolex
Ranking second in terms of highest sale prices, ROLEX achieved a sale figure of $510,980 USD.
Audemars Piguet
With a watch that reached a price of $115,053, AUDEMARS PIGUET is the third best-performing brand in this sale with a result of $280,154.
These three brands represent a total revenue of $1,548,471, or 68% of total sales.
AVERAGE PRICE PER LOT
Given the number of lots, 151 in total, including 17 unsold lots, the average price per lot was $17,108 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands featuring in the top three: Patek Philippe, Rolex, and Audemars Piguet.
