The ‘Watches Online’ auction organised by Christie’s in Hong Kong on 29 April 2025 featured an exclusive selection of 203 timepieces from leading watch brands, chosen for their condition, rarity and quality. Total sales, including fees: $2,945,296 USD, representing 96% of the lots offered.
BEST RESULTS
Lot 1: GREUBEL FORSEY – Contemporary 24-second tourbillon, limited edition of 33 pieces. Sold for $324,803 USD
Lot 27: PATEK PHILIPPE – ‘Double Sealed’. Sold for $113,681 USD
Lot 33: PATEK PHILIPPE – Sold for $97,441 USD
BEST PERFORMANCES
Lot 102: CARTIER – Gold Cougar set with diamonds; Omega, gold Deville set with diamonds. 688% difference between the base estimate and the final result (USD 8,120)
Lot 36: PATEK PHILIPPE Circa 1993 – Calatrava. 488% difference between the low estimate and the final result (USD 22,736)
Lot 34: PATEK PHILIPPE Circa 2020 – ‘NEW MANUFACTURE 2019’, limited edition of 1,000 pieces. 451% difference between the reserve price and the final hammer price (USD 56,840)
BREAKDOWN BY BRAND
PATEK PHILIPPE
Topping the list of the highest prices achieved at the auction, PATEK PHILIPPE recorded the highest total of $700,096 USD
ROLEX
Ranking second in the list of the highest prices achieved at the auction, ROLEX recorded a total of $394,960 USD
GREUBEL FORSEY
With a watch that fetched $162,401 USD, GREUBEL FORSEY was the third best-performing brand in this sale, achieving a total of $324,803 USD
These three brands accounted for a total of $1,419,859 USD, representing 48% of the total sale
AVERAGE PRICE PER LOT
Given the total number of lots, 203 in total, including 8 unsold lots, the average price per lot was $15,104 USD
CONCLUSION
This sale has once again demonstrated the dynamism of the auction market; the top three brands were: PATEK PHILIPPE, ROLEX and GREUBEL FORSEY
