The ‘Fine Watches’ auction organised by Sotheby’s in New York on 31 March 2025 featured an exclusive selection of 205 timepieces from the finest watch brands, chosen for their condition, rarity and quality. Total sales, including fees: $4,969,637 USD, representing 100% of the lots offered.
BEST RESULTS
Lot 102: Patek Philippe – Platinum wristwatch with chronograph and perpetual calendar, single-sealed. Sold for $254,000 USD
Lot 54: Rolex – A stainless steel chronograph wristwatch. Sold for $190,500 USD
Lot 15: Patek Philippe – A platinum chronograph wristwatch. Sold for $165,100 USD
BEST PERFORMANCES
Lot 207: Blancpain Circa 2000 – A stainless steel automatic wristwatch. 260% variation between the low estimate and the final result (USD 21,590)
Lot 73: Rolex circa 1976 – A yellow gold wristwatch with a burl wood dial. 249% variation between the low estimate and the final result (USD 6,985)
Lot 9: Patek Philippe circa 2005 – White gold automatic annual calendar wristwatch with moon phase and power reserve indicator. 230% difference between the low estimate and the final result (USD 33,020)
BREAKDOWN BY BRAND
Patek Philippe
Topping the list of the highest prices achieved at the auction, Patek Philippe recorded the highest total of $2,528,697 USD
Rolex
Ranking second in the list of the highest prices achieved at the auction, Rolex recorded a total of $1,079,500 USD
Audemars Piguet
With a watch that fetched $69,850 USD, Audemars Piguet was the third best-performing brand in this sale, achieving a total of $287,020 USD.
These three brands accounted for a total of $3,895,217 USD, representing 78% of the total sale.
AVERAGE PRICE PER LOT
Given the total number of lots, 205 in total, of which 0 remained unsold, the average price per lot was $24,242 USD
CONCLUSION
This sale has once again demonstrated the dynamism of the auction market; the top three brands were: Patek Philippe, Rolex and Audemars Piguet
