The Watches auction organized by Sotheby’s included an exclusive selection of 137 watches from the best watch brands chosen according to their condition, rarity and quality. Total sale including costs: 3 184 447 $ USD, selling more than 95% of the lots presented.

BEST RESULTS

Lot 138 : Patek Philippe ref. 3970J, yellow gold perpetual calendar chronograph wristwatch with moon phases, 24-hour and leap-year indication, sold for 186 300 $ USD.

Lot 61 : Rolex ref. 5513, Submariner model, stainless steel wristwatch with bracelet, explorer dial, sold for 186 300 $ USD.

BEST PERFORMANCES

Lot 36 : George Jamison, Londron, gold pocket chronometer with thermometer, or 490% variation between the low estimate and the final result (13 196 $ USD).

Lot 27 : Marcinhes, Paris, gold double-dialled watch with mock pendulum, or 457% variation between the low estimate and the final result (12 420 $ USD).

Lot 26 : Klett A Sühl, vari-colour gold and steel verge watch with chinoiserie case, or 386% variation between the low estimate and the final result (10 868 $ USD).

market data review aderwatches

market data review aderwatches

BREAKDOWN BY BRANDS

Rolex
On the first step of the podium, with a watch worth more than 180 000 $ USD, average per lot 40 624 $ USD. A result based on one of the two highest auctions of the sale with lot 61.

Patek Philippe
On the second step of the podium, with a watch at over 180 000 $ USD, average per lot 43 018 $ USD. A result based on one of the two highest auctions of the sale with lot 138.

A. Lange & Sohne
On the third step of the podium, with a watch having exceeded 75 000 $ USD, average per lot 38 409 $ USD.

These three brands represent a total revenue of 2 357 169 $ USD, or nearly 75% of the total sale.

market data review aderwatches
market data review aderwatches

AVERAGE PRICE PER LOT

Based on the number of lots, 137 in total, including 5 unsold lots, the average price of a lot was 24 125 $ 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 A. Lange & Sohne. 

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 aderwatches