The Christie’s Watches Online: Spring Fever auction organized by Christie’s featured an exclusive selection of 209 pieces from the best watch brands chosen according to their condition, rarity and quality. Total sale including costs: 697 026 $ USD, selling more than 60% of the lots presented.

BEST RESULTS

Lot 180 : Patek Philippe ref. 3940J, 18k yellow gold automatic wristwatch, perpetual calendar and moon phases, sold for 32 010 $ USD.

Lot 64 : Cartier ref. 3332, Tank Folle model, ladies’ watch in 18k white gold and diamonds, manual movement, sold for 19 206 $ USD.

BEST PERFORMANCES

Lot 64 : Cartier ref. 3332, Tank Folle model, ladies’ watch in 18k white gold and diamonds, manual movement, or 400% variation between the low estimate and the final result (19 206 $ USD).

Lot 197 : Omega ref. 491.8525 D, La Magique model, 18k yellow gold and diamond bracelet watch, quartz movement, or 228% variation between the low estimate and the final result (6 722 $ USD).

Lot 194 : Omega ref. 212.30.41.20.01.005, Seamaster 300 model, James Bond 50th Anniversary edition, stainless steel wristwatch, or 215% variation between the low estimate and the final result (3 841 $ USD).

market data review aderwatches christie's

market data review aderwatches christie's

BREAKDOWN BY BRANDS

Patek Philippe
On the first step of the podium, with a watch having exceeded the 30 000 $ USD mark, average per lot 6 220 $ USD. A result based on the highest bid of the sale with lot 180.

Omega
On the second step of the podium, with a watch above 8 000 $ USD, average per lot 4 396 $ USD.

IWC
On the third step of the podium, with a watch having exceeded the 10 000 $ USD mark, average per lot 6 589 $ USD.

These three brands represent a total revenue of 212 320 $ USD, or more than 30% of the total sale.

market data review aderwatches christie's
market data review aderwatches christie's

AVERAGE PRICE PER LOT

Based on the number of lots, 209 in total, including 80 unsold lots, the average price of a lot was 5 403 $ USD.

CONCLUSION

The market has demonstrated once again its strength on the auction block, we have noticed the presence of the three leading watch brands : Patek Philippe, Omega and IWC.

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market data review aderwatches christiie'smarket data review aderwatches