The “Retrospective: 2000 – 2020” auction, organized by Phillips in Geneva, featured an exclusive selection of 95 watches from the best watch brands chosen for their condition, rarity and quality. The total sale price, including fees, was 14,724,113 $ USD.
BEST RESULTS
Lot 206 : Philippe Dufour, movement No 00/20, 37mm de diamètre, 2020. Pink gold wristwatch. Sold for 1,478,944 $ USD.
Lot 292 : Patek Philippe, reference 5531/1R, 42mm diameter, 2020. Pink gold minute repeating wristwatch. Sold for 1,294,864 $ USD.
BEST PERFORMANCES
Lot 280 : Ikepod, reference HHR70, 44 mm diameter, Circa 2007. Rare wristwatch, rose gold, limited edition. 1034% variation between the low estimate and the final result ($12,323 USD).
Lot 271 : Louis Erard X Alain Silberstein, reference 54230NS62.BVA09, 40mm diameter, 2019. Limited edition stainless steel black PVD wristwatch. 656 % variation between the low estimate and the final result (8,215 $ USD).
Lot 257 : F.P. Journe, « Chronomètre à résonance », 38mm diameter, 2002. Historically important platinum dual time wristwatch. 606 % variation between the low estimate and the final result (383,374 $ USD).
BREAKDOWN BY BRANDS
Patek Philippe
With 6 of the top 10 results, including the second place ranking reaching the price of 1,294,864 $ USD, average per lot 316,109 $ USD.
F.P. Journe
Occupying the third place of the podium of the best results of the sale, it generates a total number of 1,684,106 $ USD with an average price of 280,684 $ USD.
Philippe Dufour
It stood out by taking the top spot in the sale’s results by selling its only lot for 1,478,944 $ USD.
These three marks represent total proceeds of 8,853,019 $ USD, over 60% of the total sale.
AVERAGE PRICE PER LOT
Considering the number of lots, 95 in total, all sold, the average price of a lot was 154,991 $USD.
CONCLUSION
This sale demonstrated once again the dynamism of the market in the auction, we can note the presence in the top trio of the following brands : Patek Philippe, F.P. Journe and Philippe Dufour.
