The Important Watches auction organized by Sotheby’s featured an exclusive selection of 289 pieces from the best watch brands chosen for their condition, rarity and quality. Total sale fees included : 8 470 626 $ USD, selling more than 70% of the lots presented.

BEST RESULTS

Lot 446 : Rolex ref. 6239, “Paul Newman” Daytona model, 18k yellow gold chronograph wristwatch with bracelet, sold for 515 492 $ USD.

Lot 490 : Patek Philippe ref. 5016R-011, pink gold minute repeating perpetual calendar tourbillon wristwatch with retrograde date, moon phases and leap-year indication, sold for 503 410 $ USD.

BEST PERFORMANCES

Lot 458 : Patek Philippe ref. 2577, 18k pink gold wristwatch with white enamel dial, or 363% variation between the low estimate and the final result (93 131 $ USD).

Lot 226 : Rolex ref. 118238, Day-Date model, 18k yellow gold wristwatch with day, date and bracelet, or 257% variation between the low estimate and the final result (25 171 $ USD).

Lot 455 : Eska, 18k pink gold wristwatch with cloisonne enamel dial depicting the allegorical figures for day and night, or 220% variation between the low estimate and the final result (25 800 $ USD).

market data review aderwatches

market data review aderwatches

BREAKDOWN BY BRANDS

Patek Philippe
On the first step of the podium, with a watch having exceeded 500 000 $ USD, average per lot 57 076 $ USD. A result based on the second highest bid of the sale with lot 490.

Rolex
On the second step of the podium, with a watch above 500 000 $ USD, average per lot 45 812 $ USD. A result based on the highest bid of the sale with lot 446.

Audemars Piguet
On the third step of the podium, with a watch passing the 60 000 $ USD mark, average per lot 32 182 $ USD.

These three brands represent total proceeds of 7 290 758 $ USD, or more than 85% of total sales.

market data review aderwatches
market data review aderwatches

AVERAGE PRICE PER LOT

Considering the number of lots, 289 in total, including 79 unsold lots, the average price of one lot was 40 336 $ 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 : Patek Philippe, Rolex, and Audemars Piguet.

GEOFFROY ADER

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

0
market data review aderwatchesmarket data review aderwatches