The Geneva Watch Auction: XI auction organized by Phillips featured an exclusive selection of 214 pieces from the best watch brands chosen according to their condition, rarity and quality. Total sales including fees: $ 28,268,503 USD, selling 98% of the lots presented.
Lot 38 : Patek Philippe reference 1518, highly rare, exceptionally well-preserved and attractive pink gold perpetual calendar chronograph wristwatch, sold for $ 3,177,200 USD.
Lot 155 : Patek Philippe reference 2499, extremely rare, highly important and well preserved yellow gold perpetual calendar chronograph wristwatch, sold for 2 444 000 $ USD.
Lot 49 : F.P. Journe, 1200% variation between the low estimate and the final result (977,600 $ USD). It is a very rare limited edition platinum and pink gold dual time wristwatch.
Lot 101 : F.P. Journe, 833% variation between the low estimate and the final result ($ 1,316,000 USD). Fine and rare platinum wristwatch.
Lot 20 : Zenith, 775% variation between the low estimate and the final result ($ 41,125 USD). Attractive and rare stainless steel automatic chronograph wristwatch.
BREAKDOWN BY BRANDS
On the three steps of the podium, with three watches exceeding 1,823,600 $ USD each, lot average 288,991 $ USD.
In sixth place with a watch that broke the 977,600 $ USD mark, lot average 86,087 $ USD
In fourth place, with a watch (lot 101) at 1,316,000 $ USD, average per lot 593,963 $ USD.
These three brands represent total proceeds of 25,360,260 $ USD or over 90% of the total sale.
AVERAGE PRICE PER LOT
Considering the number of lots, 214 in total, including 4 unsold lots, the average price of a lot was 134 612 $ USD.
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 : Patek Philippe, Rolex and F.P. Journe.