The Watches Online auction organized by Sotheby’s featured an exclusive selection of 271 pieces from the best watch brands chosen for their condition, rarity and quality. Total sale including fees : 1 332 778 $ USD, selling nearly 80% of the lots presented.
BEST RESULTS
Lot 8272 : Patek Philippe ref. 5059, automatic platinum perpetual calendar wristwatch with retrograde date, moon phases and leap year indication in single factory seal, sold for 48 225 $ USD.
Lot 8081 : Rolex ref. 1803, Day Date model, 18k pink gold automatic calendar wristwatch with blue stella dial and bracelet, sold for 35 365 $ USD.
BEST PERFORMANCES
Lot 8175 : Piaget ref. 14101, 18k yellow gold wristwatch with Beta 21 movement, or 400% variation between the low estimate and the final result (6 430 $ USD).
Lot 8185 : Glashutte ref. W19501010104, Panograph model, 18k pink gold automatic chronograph wristwatch with date, or 275% variation between the low estimate and the final result (9 645 $ USD).
Lot 8261 : Patek Philippe ref. 4960, Der Fliegerchronograph model, stainless steel automatic chronograph wristwatch with day, date and bracelet, or 275% variation between the low estimate and the final result (3 858 $ USD).
Lot 8234 : Gerald Genta ref. G.3622.7, Fantasy Retro Minnie Mouse model, stainless steel jumping hour wristwatch with retrograde minutes and mother-of-pearl dial, or 275% variation between the low estimate and the final result (3 858 $ USD).
BREAKDOWN BY BRANDS
Rolex
On the top step of the podium, with two watches having exceeded 30 000 $ USD, average per lot 7 098 $ USD. A result based on the second highest bid of the sale with lot 8081.
Patek Philippe
On the second step of the podium, with a watch above 45 000 $ USD, average per lot 10 278 $ USD. A result based on the highest bid of the sale with lot 8272.
Audemars Piguet
On the third step of the podium, with a watch passing the 20 000 $ USD mark, average per lot 7 395 $ USD.
These three brands represent a total revenue of 771 038 $ USD, or nearly 60% of total sales.
AVERAGE PRICE PER LOT
Considering the number of lots, 271 in total, including 57 unsold lots, the average price of a lot was 6 228 $ 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 : Rolex, Patek Philippe and Audemars Piguet.
