The auction “Watches Online: The New York Edit” organized by CHRISTIES in New York on June 14, 2024, featured an exclusive selection of 127 pieces from the finest watch brands, chosen for their condition, rarity and quality. Total sale, including fees: $2,078,370 USD, representing 94% of the lots presented.
BEST RESULTS
Lot 201: ROLEX Daytona in white gold, with turquoise dial, Ref. 116509, No. 1/1. Sold for $189,000 USD
Lot 202: ROLEX – Daytona in yellow gold, with red dial, ref. 16528, n° 1/1. Sold for $107,100 USD
Lot 329: PATEK PHILIPPE – Nautilus in steel, ref. 3700/1. Sold for $100,800 USD
BEST PERFORMANCES
Lot 248: PATEK PHILIPPE Circa 1913 – rare white and yellow gold wristwatch. 719% variation between base estimate and final result ($32,760 USD)
Lot 253: PATEK PHILIPPE Circa 1979 – ‘golden ellipse’ yellow gold watch, ref. 3748/1. 228% variation between base estimate and final result ($16,380 USD)
Lot 327: FRANCK MULLER Circa 2018 – Bamford for Sir Elton John, limited edition in yellow gold ‘casablanca’. 194% variation between the base estimate and the final result ($17,640 USD)
BREAKDOWN BY BRAND
ROLEX
Occupying first place in the ranking of the sale’s best prices, ROLEX achieved the sale’s best figure of $876,582 USD.
PATEK PHILIPPE
PATEK PHILIPPE was the second highest-priced brand at $522,396 USD.
AUDEMARS PIGUET
With a watch that fetched $32,760 USD, AUDEMARS PIGUET was the third best performing brand in the sale, with a result of $197,820 USD.
These three brands accounted for total proceeds of $1596798 USD, or 77% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 127 in all, including 7 unsold lots, the average price per lot was $17,320 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: ROLEX, PATEK PHILIPPE and AUDEMARS PIGUET.
GEOFFROY ADER
