Christie’s bags the first place in the Geneva watch auctions totalling CHF 55 million, with 17 lots selling above CHF1 million and welcoming 40% of new bidders
Two live auctions helped beat the record, with Legendary and Unique Watches sale realising CHF 31,877,418 / $31,679,596, and Rare Watches realising CHF23,669,670 / $23,859,366
The week started with an incredible white glove sale, followed by the Rare Watches auction where 238 lots out of 239 lots found a new owner. The two watch auctions on November 6 and 7 held at Geneva’s Four Seasons Hotel des Bergues attracted 40% new bidders with a record attendance online as well as room participation.
Christie’s outstanding result leads the overall Geneva Autumn 2022 watch sale week and demonstrates the savoir-faire of its young and dynamic team bringing to auction one of the most important private collections (Legendary and Unique Watches) and horology masterpieces, contested by bidders from 46 countries.
Incredible results were achieved, including for lot 34, Patek Philippe reference 5711/1A-018, additionally signed Tiffany & Co. selling above estimate for CHF3,174,000 against a retail price of USD52,000.