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Christie's - Christie's continues an exceptional year for watches!

Christie's Christie's continues an exceptional year for watches!

Historically, this is the first time that a Geneva ‘Live’ auction has recorded 100% of the watches sold

3 hours, 20 minutes. 120 watches. 100% of lots have sold. 192% above low estimate

A performance as strong as May 2021 (CHF 23 million / USD25.5 million).

Strong global participation from 26 countries, and just under 700 registrants.

Barely recovered from the extraordinary ONLY WATCH sale that achieved yesterday the performance of CHF 30 million under Christie’s hammer, the auction house continued the momentum with today's Rare Watches ‘Live’ auction confirming the strong appetite of international private collectors for exceptional timepieces. Christie’s “Rare Watches” Live auction achieved a total of CHF 22,827,250 with 100% sold by lot and 192% above low estimate. There was strong global participation from 26 countries representing 5 continents. Over 690 registrants were active in the sale, of which 15% were new to Christie’s.

The most expensive Rolex Deep Sea Special N°1 sold this season in Geneva, achieved CHF 1,890,000. This watch is understood to have made history, attached to the hull of Auguste Piccard's bathyscaphe Trieste (3,150m) in 1953 and was considered the ultimate Rolex Oyster Case.

Christie's continues an exceptional year for watches!

Deep Sea Special N.1 © Rolex

The Patek Philippe Ref. 2523, two crown world time, achieved CHF 2,670,000. Property of a gentleman, this extremely fine and highly important Patek Philippe is the first example of a 18k gold two crown world-time wristwatch with 24-hour indication and first time seen waved guilloché gold centre. 

Christie's continues an exceptional year for watches!

Ref. 2523 © Patek Philippe

Other highlights including:

• Patek Philippe, lot 87, chronograph, white gold, perpetual calendar with moon phases achieved CHF 687,500 (Est. CHF 300-500,000),
• Patek Philippe, lot 84, chronograph, yellow gold, limited ‘Saatchi’ edition achieved CHF 500,000 (Est. CHF 100-200,000),
• Patek Philippe, lot 95, wristwatch, yellow gold, double signed ‘Tiffany & Co’, Triple complication, circa 1972 achieved CHF300,000 (Est. CHF 80-160,000).
• Pocket watches outperformed with Patek Philippe Lot 42, yellow gold and diamonds Ref 903 (Est CHF 35-55,000) achieved CHF150,000, and the Rolex Lot 24, Pink gold World time double signed by Philippe Beguin (Est. CHF 25-35,000) achieved CHF 125,000, the Breguet, Lot 57, Hunter double case half-quarter repeating lever à Tact, equation of Time (Est. CHF 300-600,000) achieved CHF 1.206 million, and the Breguet, Lot 58, Four-Minute tourbillon (Est. CHF 400-600,000) achieved CHF 1.230 million. It should be noted that the sourcing of these numerous timepieces was made possible by the long-term and personal advisory relationships the Christie’s watch specialists have with their clients. 

Christie's continues an exceptional year for watches!

Rémi Guillemin - Head of Watches Christie's © Christie's

“We would like to thank our esteemed international collectors for their participation in the Geneva auction,” shares Rémi Guillemin, Head of Watches Christie’s Geneva. “We have been honored to be able to offer for the second time, the exceptional Rolex Deep Sea Special N°1, the magnificent Patek Philippe Ref.2523, yellow gold as well as a superb collection of pocket watches which will be followed by a stand-alone pocket watches online sale in December.” 


Patek Philippe enjoys outstanding renown and rare prestige, due to the constancy with which the Manufacture has applied its philosophy of excellence ever since it was founded.

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