The Christie’s Watches Online: A Horological Holiday auction organized by Christie’s featured an exclusive selection of 240 pieces from the best watch brands chosen for their condition, rarity and quality. Total fresh sale included : 1 520 125 $ USD, selling nearly 70% of the lots on display.

BEST RESULTS

Lot 240 : Patek Philippe ref. 5131G, automatic wristwatch in 18k white gold, enamel dial showing Europe and Africa, world time, sold for 100 000 $ USD.

Lot 206 : Rolex ref. 6263, ‘Small Red’ Daytona modem, stainless steel chronograph wristwatch, manual movement, sold for 60 000 $ USD.

BEST PERFORMANCES

Lot 67 : Chopard ref. 16/2267, montre bracelet tonneau automatique en or jaune 18K L.U.C, en édition limitée, n°. 0011/1860, or 1 358% variation between the low estimate and the final result (4 375 $ USD).

Lot 69 : Chopard ref. 16/3556, automatic wristwatch in 18k rose gold with date, or 550% variation between the low estimate and the final result (3 250 $ USD).

Lot 212 : Patek Philippe for Tiffany & Co., ladies’ bracelet watch in platinum and diamonds, manual movement, or 525% variation between the low estimate and the final result (7 500 $ USD).

market data review aderwatches

BREAKDOWN BY BRANDS

Rolex
On the top step of the podium, with a watch at 60 000 $ USD, average per lot 11 597 $ USD. A result that is based on the second highest bid of the sale with the lot 206.

Patek Philippe
On the second step of the podium, with a watch at 100 000 $ USD, average per lot 15 153 $ USD. A result based on the highest bid of the sale with lot 240.

Audemars Piguet
On the third step of the podium, with two watches passing the $20,000 USD mark, average per lot 11 625 $ USD.

These three brands represent a total revenue of 913 625 $ USD, or more than 60% of total sales.

market data review aderwatches
market data review aderwatches

AVERAGE PRICE PER LOT

Taking into account the number of lots, 240 in total, including 74 unsold lots, the average price of a lot was 9 157 $ USD.

CONCLUSION

This sale demonstrated once again the dynamism of the market in the auctions, we can note the presence in the top trio of the following brands : Rolex, Patek Philippe and Audemars Piguet.

GEOFFROY ADER

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market data review aderwatchesmarket data review aderwatches