The “Treasures of Time” auction organized by Sotheby’s in Geneva on November 10, 2024, featured an exclusive selection of 31 pieces from the finest watch brands, chosen for their condition, rarity, and quality. Total sale, including fees: $14,680,380 USD, or 94% of the lots presented.

BEST RESULTS

Lot 18: Patek Philippe – Reference 1563 | A unique yellow gold wristwatch with split-seconds chronograph, luminescent Breguet numerals and hands. Sold for $3,696,000 USD

Lot 16: Patek Philippe – First Series, Reference 2499 | A rose gold wristwatch chronograph with perpetual calendar, moon phases, and Wenge case. Sold for $3,432,000 USD

Lot 22: Patek Philippe – Third Series, Reference 2499 | Yellow gold perpetual calendar chronograph wristwatch with moon phases and black lacquer dial with Breguet numerals. Sold for $2,508,000 USD

BEST PERFORMANCES

Lot 28: Patek Philippe circa 1989 – Reference 3969 | A limited edition platinum jumping hour wristwatch. 460% variation between the base estimate and the final result ($92,400)

Lot 1: Universal Genève Circa 1937 – sold by Hermès: Compax, Reference 5922 | Yellow gold chronograph wristwatch. 260% variation between the base estimate and the final result ($39,600 USD)

Lot 10: Vacheron Constantin Circa 1958 – Cornes de Vaches, Reference 6087 | Yellow gold chronograph wristwatch with teardrop-shaped lugs. 252% variation between the base estimate and the final result ($116,160 USD)

BREAKDOWN BY BRAND

Patek Philippe

Ranking first in terms of highest sale prices, Patek Philippe achieved the highest sale figure of $13,258,740.

A. Lange & Söhne

Ranking second in terms of highest sale prices, A. Lange & Söhne achieved a sale figure of $947,760.

Vacheron Constantin

With a watch that reached a price of $125,400, Vacheron Constantin was the third best-performing brand in this sale, with a total of $434,280.

These three brands accounted for a total of $14,640,780, or 100% of the total sale.

AVERAGE PRICE PER LOT

Given the number of lots, 31 in total, including 2 unsold lots, the average price per lot was $506,220 USD.

CONCLUSION

This sale once again demonstrated the dynamism of the auction market, with the following brands featuring in the top three: Patek Philippe, A. Lange & Söhne, and Vacheron Constantin.

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