Christie’s sets global record for the most expensive watch auctioned online

The recently concluded Christie’s Hong Kong Top Of The Time Watches Online Auction achieved a total sale of HK$65,811,600 (approximately US$8,420,555). The top achiever of this sale was the Patek Philippe ‘SkyMoon Tourbillon’ Grand Complication watch that was sold for US$ 5.8 million / HK $45.4 million, setting the world record for the most expensive watch auctioned online.

Patek Philippe Sky Moon Tourbillon, The most expensive watch auctioned online
Lot 111: Patek Philippe, Grand Complications ‘Sky Moon Tourbillon’, Ref. 6002G-001, Price realized: HK$45,450,000 / US$5,815,300. The most expensive watch auctioned online.

Alexandre Bigler, Vice-President, Head of Watches, Christie’s Asia Pacific, commented: “The outstanding results established for Watches Online: Top of the Time demonstrate the power of Christie’s online sale platform to present exceptional lots and achieve top prices, on par with our live sales. There continues to be an extremely vibrant market for watches across the world, evidenced through the avid global bidding this sale witnessed, which further cements Hong Kong’s status as an international epicenter for watch collecting. This sale lays a very strong foundation for our Spring Auctions in May at the Hong Kong Convention and Exhibition Centre, where we look forward to presenting more exceptional timepieces for our esteemed clients and watch enthusiasts.”

Other Top Achievers

Lot 110: PATEK PHILIPPE, Grand Complications, with minute repeating, instantaneous perpetual calendar, single button chronograph, moon phases, leap year and day/night indication, ref. 5208P-001, circa 2015. Price realised: HK$7,812,000 /US$999,541.

Lot 60: GERALD GENTA, Platinum skeletonised minute repeating perpetual calendar wristwatch, with leap year indicator and moon phases. Price realised: HK$819,000 /US$104,791. Over 5 times over low estimate.

Lot 4: Rolex, Daytona, Ref. 116520 “Mustard” Dial, P series. Price Realised: HKD 693,000.

Lot 2: Rolex White Gold Daytona with Grossular Garnet Rubellite Dial, Ref. 116519. Price Realised: HKD 604,800.

Lot 27: ANDERSEN GENÈVE: Unique 18k white and pink gold wristwatch, case made by Jean-Pierre Hagman, with 21k blue gold dial, tapisserie decorated, art deco hands, historic LeCoultre minute repeater movement from the 1920s, perpetual calendar and leap year indicator inside 6 o’clock hour index, circa 2015. Price realised: HK$352,800 /US$45,141. Over 7 times over low estimate

Lot 72: JAEGER LE-COULTRE, 18k pink gold wristwatch, with reverso tourbillon and power reserve, limited to 500 Pieces. Price realised: HK$352,800 /US$45,141. Over 2 times over low estimate.

Lot 3: Rolex White Gold Daytona with Dark Grey Dial, Ref. 116509.Price Realised: HKD 302,400.

Lot 5: Rolex Yellow Gold Daytona with Golden dial and diamond-set hour-markers, Ref. 16528. Price Realised: HKD 302,400.

Lot 56: Dewitt Academia Tourbillon Force Constante, Ref. AC.8003.20.M118 (limited to 25 pieces). Price Realised: HKD 302,400.