Sale results

Press releaseLot 84   
SFr.6,259,000, $5,708,833, €4,393,192
Patek Philippe – an 18K gold perpetual calendar chronograph wristwatch, ref. 1527   
Estimation: SFr.1,500,000-2,500,000   
Buyer: Swiss Private Museum

Lot 159   
Patek Philippe – an 18K gold perpetual calendar chronograph wristwatch, ref. 2499   
Estimation:SFr.600,000-900,000   
SFr.963,000 , $878,352, €675,929   
Buyer: Anonymous

Lot 160   
Patek Philippe – an 18K gold full calendar wristwatch, ref. 96  
Estimation: SFr.600,000-900,000   
SFr.723,000, $659,448, €507,473   
Buyer: European Collector

Lot 371   
SFr.723,000, $659,448, €507,473   
Patek Philippe – an 18K gold hinged single button chronograph wristwatch, manufactured in 1924   
Estimation:SFr.400,000-600,000   
Buyer: European Private

Lot 370   
SFr.675,000, $615,667  ,€473,782  
Patek Philippe – an 18K pink gold perpetual calendar chronograph wristwatch, ref. 1518   
Estimation: SFr.500,000-800,000   
Buyer: European Collector

Lot 296 
SFr.603,000, $549,996 , €423,245 
Patek Philippe – a stainless steel chronograph wristwatch with two-tone silvered dial and luminous hands, ref. 530, manufactured in 1942  
Estimation: SFr.500,000-700,000   
Buyer: European Private

Lot 369   
Patek Philippe – an 18K pink gold dual time zone wristwatch, ref. 2597   Estimation: SFr.350,000-500,000   
SFr.555,000, $506,215 , €389,554   
Buyer: Asian Collector

Lot 82   
SFr.531,000, $484,325 , €372,708   
Patek Philippe – an 18K gold perpetual calendar wristwatch, with moon phases, ref. 1526   
Estimation: SFr.300,000-500,000   
Buyer: European Collector

Lot 158   
SFr.459,000, $418,653, €322,172   
Patek Philippe – an 18K gold automatic perpetual calendar wristwatch,           ref. 3448   
Estimation: SFr.250,000-350,000   
Buyer: European Collector

Lot 207   
SFr.447,000, $407,708, €313,749   
Rolex – 18K pink gold triple calendar chronograph wristwatch, ref. 6036   Estimation: SFr.200,000-300,000   
Buyer: European Private

_________________________________Geneva - With nearly 370 watches offered, Christie's “marathon auction” in Geneva achieved an outstanding total of $21,099,940 / SFr.23,133,363 / € 16,237,307, far exceeding its pre-sale total estimate of 13 to 18 million Swiss francs and selling 96% by value and by lot, with a record attendance of 831 bidders from 5 continents.

The Top Lot of the sale was a unique Patek Philippe chronograph wristwatch, ref.1527, which sold for $5,708,833 (SFr.6,259,000 / €4,393,192) against an estimate of SFr.1,500,000-2,500,000 and became the new record price for any yellow gold watch ever sold at auction (pictured above right.) The blockbuster event of the European auction season of haute horlogerie, Important Watches - Including A Connoisseur's Vision Part II, confirmed once more Christie's undisputed global leadership in the market of fine collector's watches.

Aurel Bacs, International Co-Head of Christie's Watch Department , commented: “The extraordinary results Christie's achieved today in Geneva with Important Watches - Including A Connoisseur's Vision Part II reflect the passion of an increasingly broad audience of watch lovers and collectors. We are proud to announce that following the success of last November's sale of A Connoisseur's Vision Part I, the second part of the most important private collections of Patek Philippe wristwatches in the world ever offered at auction, now also become the most expensive one ever sold. As with the Part I sale, 100% of the lots were sold with a combined total of almost SFr.16 million, led by the Mona Lisa of all watches, the unique Patek Philippe chronograph wristwatch, ref.1527, which sold for an outstanding $5,708,833 (SFr.6,259,000 / €4,393,192) to a Swiss private museum. Throughout the sale, the room was packed with buyers from all over the world, and an additional 250 bidders participated online via Christie's LIVE™. European bidders were fiercely challenged by international collectors, especially buyers from China. I was also pleased to see strong competition for the very first example of the book ‘Ultimate Rolex Daytona', scheduled to be released in the Fall, which sold SFr 43,750, with proceeds to benefit the Red Cross. HK” Although wishing to remain anonymous, the consignor of “A Connoisseur's Vision” Collection declared: “I cannot help but express all my gratitude to Christie's and their extraordinary Watch Team in Geneva for the amazing work they did to study every single piece of my collection and to make a wider group of international watch lovers aware of the importance and sophistication of Patek Philippe vintage watches. I started buying watches in the 1970s, at a time when these amazing objects appealed to very few collectors and even fewer scholars were exploring this charming field. In my opinion wristwatches are the most beautiful wearable item created in the 20th century and I am sure that pieces such as the unique Patek Philippe reference n.1527 will be on show at decorative arts museums, alongside the specialized institutions that currently buy them for their collections.”