The “ONLY WATCH” auction, organized by Christie’s in Geneva, presented an exclusive selection of 53 pieces from the best watch brands chosen for their condition, rarity and quality. Total sale, including fees: $32,421,763 USD, representing 98% of the lots presented.
BEST RESULTS
Lot 41: Patek Philippe, Ref. 27001M-001. The Complicated Desk Clock, Ref. 27001M-001 was inspired by a desk clock delivered to James Ward Packard in 1923 and now housed in the Patek Philippe Museum. Sold for $10,409,150 USD.
Lot 22: F.P.JOURNE Based on an original idea by Francis Ford Coppola “Invenit” and “Fecit” by François-Paul Journe. Sold for $4,930,650 USD.
BEST PERFORMANCES
Lot 50: TUDOR, the Black Bay GMT One, a unique execution of its Black Bay GMT, complete with aged case, bracelet and movement as well as Master Chronometer certification. 16150% variation between the low estimate and the final result ($712,205 USD).
Lot 41: Patek Philippe, Ref. 27001M-001. The Complicated Desk Clock, Ref. 27001M-001 was inspired by a desk clock delivered to James Ward Packard in 1923 and now housed in the Patek Philippe Museum. Sold for $10,409,150 USD.
Lot 6 :Audemars Piguet. Only Watch unique piece 2021: This is the last unique piece ref. 15202. 1837% variation between the low estimate and the final result ($3,396,669 USD).
BREAKDOWN BY BRAND
Patek Philippe
Patek Philippe was the highest priced brand of the sale, with a watch priced at $10,409,150.
F.P. Journe
Achieving the second highest price of the sale with a watch selling for $4,930,650 USD
Audemars Piguet
With a watch that reached the price of $3,396,670 USD, it was the third highest performing brand in this sale.
These three brands accounted for total proceeds of $18,736,470 USD, or over 58% of the total sale.
AVERAGE PRICE PER LOT
Given the number of lots, 147 in total, including 28 unsold lots, the average price per lot was $130,476.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Patek Philippe, Rolex and Audemars Piguet
GEOFFROY ADER
