Christie’s ‘Rare Watches’ Live auction in Geneva achieves a total of CHF 22.8 million

Christie’s “Rare Watches” Live auction on 08 November this year achieved a total of CHF 22,827,250 (USD 25 million / EUR 21.6 million) 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 was attached to the hull of Auguste Piccard’s bathyscaphe Trieste for its experimental deep diving to the depth of 3,150m in 1953.

Rolex Deep Sea Special N°1
Rolex Deep Sea Special N°1

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

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.