95% SOLD BY LOT | 143% HAMMER ABOVE LOW ESTIMATE
CONTINUING THE MOMENTUM OF THE EXCEPTIONAL YEAR OF WATCHES GLOBAL PARTICIPATION FROM 34 COUNTRIES | 30% NEW REGISTRANTS
Christie’s Fine Watchmaking: Important Timepieces and the Independent Collection (24 November – 10 December) achieved a total of $5,518,250 with 95% sold by lot and 143% hammer above low estimate. There was global participation with bidders from 34 countries and over 30% new registrants.
Leading the sale was Greubel Forsey Invention Piece 3 Tourbillon in 18k white gold, which sold for $237,500. The sale also achieved notable results for independent watchmakers, including F.P. Journe, Octa Reserve de Marche, 18K pink gold, brass movement, achieved $175,000 and A. Lange & Sohne Datograph Flyback in 18K pink gold, which achieved over twice its high estimate and sold for $137,500.
Additionally, strong prices were achieved for Patek Philippe references including the ‘Celestial’ reference 5102G, 18k white gold automatic astronomical wristwatch with sky chart, phases and orbit of the moon, which realized $187,500; Nautilus reference 5712, 18k pink gold, which achieved more than double its high estimate and sold for $125,000; reference 3970P perpetual calendar chronograph that realized $118,750.
Christie’s exceptional year of watches continues with the online sale of Watches Online: The Geneva Edit An Important Private Collection, open online for bidding through 14 December.