The Geneva Auction, organized by Phillips in Geneva on November 5 and 6, 2022, featured an exclusive selection of 232 pieces from the best watch brands chosen for their condition, rarity and quality. The total amount of the sale, including fees, was $48,271,860 USD, representing 97% of the lots presented.
BEST RESULTS
Lot 27 : GEORGE DANIELS, Unique piece, Important 18k yellow gold double-sided wristwatch with power reserve, day and date. Sold for $4,382,412 USD.
Lot 153 : PATEK PHILIPPE, Ref. 1518, 18k rose gold wrist chronograph with perpetual calendar. Sold for $1,330,768 USD.
BEST PERFORMANCES
Lot 142 : GEORGE DANIELS, autobiography bound and signed by George Daniels. Limited edition, No. 19/27. 2.798% change between the low estimate and the final result ($31,101 USD).
Lot 209 : A. LANGE & SÖHNE, ref. 414.047, One-of-a-kind 18k white gold wristwatch with chronograph function. 958% change between the low estimate and the final result ($1,135,982 USD).
Lot 159 : ROLEX, ref. 6305, 18k yellow gold wristwatch with central seconds and black lacquered dial. 845% variation between the low estimate and the final result ($202,834 USD).
BREAKDOWN BY BRANDS
PATEK PHILIPPE
Occupying the first place in the ranking of the best prices of the sale. PATEK PHILIPPE achieved the highest sales figure of $15,460,820 USD
ROLEX
Occupying the second place in the ranking of the best prices of the sale. ROLEX realized a figure of $12,118,049 USD
GEORGE DANIELS
With a watch that reached the price of $4,382,412 USD, it is the third best performing brand in this sale with a result of $6,046,495 USD.
These three brands represent total proceeds of $33,625,634 USD, or 70% of the total sale.
AVERAGE PRICE PER LOT
Considering the number of lots, 232 in total, including 4 unsold lots, the average price of a lot was $213,592 USD.
CONCLUSION
This sale once again demonstrated the dynamism of the auction market, with the following brands in the top three: Patek Phillips, Rolex and George Daniels.
