The auction “Important Watches & Kairos Collection Part II”, organized by Christie’s in Hong Kong on May 24, 2022, presented an exclusive selection of 143 pieces from the best watch brands chosen for their condition, rarity and quality. The total sale, including fees, was $18,266,108 USD, representing 93% of the lots presented.
BEST RESULTS
Lot 2443 : PATEK PHILIPPE, ref. 605HU, Montre de poche en or jaune à Heure Universelle, cadran émail cloisonné. Vendue pour 2.044.786$ USD.
Lot 2382 : F.P. JOURNE, Montre bracelet en platine, Édition limitée pour célébrer le 10ème anniversaire de la première boutique F.P. Journe à Tokyo. Vendue pour 1.494.414$ USD.
BEST PERFORMANCES
Lot 2356 : GERALD GENTA, Mickey Mouse Retro Fantaisy Model, Steel bracelet watch with retrograde minute track and mother-of-pearl dial. 1,550% variation between the low estimate and the final result. Sold for $35,316 USD.
Lot 2357 : GERALD GENTA, Donald Duck Retro Fantaisy Model, steel bracelet watch with retrograde minute track and mother-of-pearl dial. 950% variation between the low estimate and the final result ($32,105 USD).
Lot 2439 : PATEK PHILIPPE, ref. 811, Gilt brass sundial with enamel dial. 845% variation between the low estimate and the final result ($28,895 USD).
BREAKDOWN BY BRANDS
PATEK PHILIPPE
Occupying the first place in the ranking of the best prices of the sale. PATEK PHILIPPE achieved the highest sales figure of $9,217,857 USD
F.P. JOURNE
F.P. JOURNE came in second in the ranking of the best prices of the sale. F.P. JOURNE realized a figure of 3.769.057$ USD
CARTIER
With a watch that reached the price of $417,366 USD, it is the third best performing brand in this sale with a result of $1,126,887 USD.
These three brands represent total proceeds of $14,113,801 USD, or 77% of the total sale.
AVERAGE PRICE PER LOT
Considering the number of lots, 143 in total, including 10 unsold lots, the average price of a lot was $137,339 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Patek Philippe, F.P. Journe and Cartier.
GEOFFROY ADER
