The Champion Collection Part VI The Finest Watchmaking” auction, organized by Christie’s in Hong Kong on November 28, 2022, featured an exclusive selection of 81 pieces from the finest watch brands chosen for their condition, rarity and quality. The total sale, including fees, was $10,285,663 USD, representing 95% of the lots presented.

BEST RESULTS

Lot 2282 : PATEK PHILIPPE, ref. 5208P-001, platinum bracelet chronograph with single push button, perpetual calendar, moon phases, day/night indication and leap year. Sold for $1,286,400 USD.

Lot 2271 : PATEK PHILIPPE, Nautilus ref. 5711/1P-010, platinum bracelet watch with date and center seconds. Sold for $677,376 USD.

BEST PERFORMANCES

Lot 2208 : CARTIER, Baignoire ref. 3248, yellow gold and diamond asymmetrical ladies’ wristwatch. 303% variation between the low estimate and the final result ($51 609 USD).

Lot 2221 : A. LANGE & SÖHNE, Lange 1 Timezone, ref.116 032, rose gold bracelet watch with world time. 215% variation between the low estimate and the final result ($40,320 USD).

Lot 2246 : JAEGER LECOULTRE. Reverso “Famous Nudes,” ref. 246.6.79, reversible platinum bracelet watch with enameled dial. 215% variation between the low estimate and the final result ($120,960 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 $6,976,358 USD

A. LANGE & SÖHNE

Occupying the second place in the ranking of the best prices of the sale. A. LANGE & SÖHNE achieved a total of $1,320,883 USD

GREUBEL FORSEY

With a watch that reached the price of $370,944 USD, GREUBEL FORSEY was the third best performing brand in this sale with a result of $677,376 USD.

These three brands accounted for total proceeds of $8,974,617 USD, or 87% of the total sale.

AVERAGE PRICE PER LOT

Considering the number of lots, 81 in total, including 4 unsold lots, the average price of a lot was $133,580 USD.

CONCLUSION

This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Patek Philippe, A. Lange & Söhne, Greubel Forsey.

GEOFFROY ADER

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