Christie’s Watches Online auction included an exclusive selection of 236 pieces from the best watch brands chosen according to their condition, rarity and quality. Total sale including costs: 1 314 750 $ USD, selling more than 75% of the lots presented.
Lot 38 : Rolex ref. 6239, Daytona model, stainless steel chronograph wristwatch, manual movement, sold for 56 250 $ USD.
Lot 45 : Rolex ref. 16520, stainless steel automatic chronograph wristwatch, retailed by Tiffany & Co, sold for 52 500 $ USD.
Lot 218 : Patek Philippe, solar-powered electro-mechanical desk clock, or 588% variation between the low estimate and the final result (6 875 $ USD).
Lot 236 : Patek Philippe ref. 3491, Gondolo model, platinum ultra-slim wristwatch, manual movement, or 306% variation between the low estimate and the final result (8 125 $ USD).
Lot 93 : Piaget ref. 926D1, 18k white gold diamond-set lady’s wristwatch with bracelet, manual movement, or 275% variation between the low estimate and the final result (7 500 $ USD).
BREAKDOWN BY BRANDS
On the first step of the podium, with a watch having surpassed the 55 000 $ USD mark, average per lot 9 952 $ USD. A result based on the highest bid of the sale with lot 38.
On the second step of the podium, with a watch at 50 000 $ USD, average per lot 9 717 $ USD.
On the third step of the podium, with a watch having exceeded the 10 000 $ USD mark, average per lot 5 261 $ USD.
These three brands represent a total revenue of USD 767 375 $ , or nearly 60% of the total sale.
AVERAGE PRICE PER LOT
Based on the number of lots, 236 in total, including 55 unsold lots, the average price of a lot was 7 304 $ USD.
This sale once again demonstrated the dynamism of the market in auctions, we can note the presence in the top three of the following brands: Rolex, Patek Philippe and Cartier.