The Phillips X Blackbird: SPORTS auction organized by Phillips featured an exclusive selection of 82 pieces from the best watch brands chosen according to their condition, rarity and quality. Total sale including costs : 9 365 323 $ USD, selling 100% of the lots presented.

BEST RESULTS

Lot 882 : Rolex ref. 6538, Submariner “Big Crown” model, stainless steel wristwatch with sweep center seconds, black lacquer “four liner” dial, big crown and big logo bracelet, sold for 771 593 $ USD.

Lot 869 : Patek Philippe ref. 2499/100, yellow gold perpetual calendar chronograph wristwatch with moonphases, hang tag, sold for 648 752 $ USD.

BEST PERFORMANCES

Lot 816 : IWC ref. 3705, Der Fliegerchronograph model, ceramic and stainless steel chronograph wristwatch with German day and date indication, or 396% variation between the low estimate and the final result (24 792 $ USD).

Lot 819 : Omega ref. ST 345.0022.105, Speedmaster model, limited edition stainless steel chronograph wristwatch with “MIR – 365 Days” caseback inscription, bracelet, international warranty and box, numbered 12 of a limited edition of 28 pieces which flown in space for a year, or 340% variation between the low estimate and the final result (175 944 $ USD).

Lot 881 : Rolex ref. 5508, Submariner “Small Crown” model, stainless steel wristwatch with center seconds, no crown guards, “exclamation mark” black glossy dial and bracelet, or 330% variation between the low estimate and the final result (343 890 $ USD).

market data review aderwatches

market data review aderwatches

BREAKDOWN BY BRANDS

Rolex
On the first step of the podium, with a watch having surpassed the 750 000 $ USD mark, average per lot 135 227 $ USD. A result based on the highest bid of the sale with lot 882.

Patek Philippe
On the second step of the podium, with a watch above 600 000 $ USD, average per lot 179 100 $ USD.

Omega
On the third step of the podium, with a watch having exceeded 175 000 $ USD, average per lot 72 777 $ USD.

These three brands represent a total revenue of 8 521 913 $ USD, or more than 90% of the total sale.

market data review aderwatches
market data review aderwatches

AVERAGE PRICE PER LOT

Based on the number of lots, 82 in total, all of which were sold, the average price of a lot was 114 211 $ USD.

CONCLUSION

The market has demonstrated once again its strength on the auction block, we have noticed the presence of the three leading watch brands : Rolex, Patek Philippe and Omega.

GEOFFROY ADER

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