The Geneva Watch Auction X organized by Phillips featured an exclusive selection of 184 pieces from the best watch brands chosen for their condition, rarity and quality. Total sale including expenses: 16 421 875 $ USD, selling nearly 95% of the lots presented.

BEST RESULTS

Lot 139 : Rolex ref. 4113, oversized stainless steel split seconds chronograph wristwatch with outer blue telemeter and black tachometer scales, sold for 1 940 000 $ USD.

Lot 249 : Rolex ref. 6062, well-preserved pink gold triple calendar wristwatch with star-set numerals and moonphases, sold for 1 940 000 $ USD.

BEST PERFORMANCES

Lot 101 : Panerai ref. OP 6754, pink gold limited edition split seconds chronograph wristwatch with 8 day power reserve, numbered 222 of a limited edition of 300 pieces, or a 692% variation between the low estimate and the final result (23 750 $ USD).

Lot 100 : Roger Dubuis ref. H043 1429 5, pink gold limited edition dual time perpetual calendar wristwatch with moonphases, numbered 02 out of a limited edition series of 28 pieces, or a 567% variation between the low estimate and the final result (20 000 $ USD).

Lot 186 : Movado, preserved pink gold chronograph wristwatch with screw-back case, manual movement, or a 431% variation between the low estimate and the final result (21 250 $ USD).

market data review aderwatches

market data review aderwatches

BREAKDOWN BY BRANDS

Rolex
On the top step of the podium, with three watches having passed the $1 million USD mark, average per lot 165 356 $ USD. A result based on the highest two bids of the sale with lots 139 and 249.

Patek Philippe
On the second step of the podium, with a watch above 300 000 $ USD, average per lot 87 533 $ USD.

Audemars Piguet
On the third step of the podium, with a watch passing the 100 000 USD $ mark, average per lot 58 906 $ USD.

These three brands represent total proceeds of 13 777 125 $ USD, or nearly 85% of total sales.

market data review aderwatches
market data review aderwatches

AVERAGE PRICE PER LOT

Taking into account the number of lots, 184 in total, including 10 unsold lots, the average price of a lot was de 94 379 $ 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