The Art of F.P. Journe Auction by Christie’s Geneva Achieves CHF 13.7 Million / US$ 15.3 Million

The first ever dedicated auction for a living independent watchmaker, The Art of F.P. Journe, was 100% sold at Christie’s Geneva on May 12, realising CHF13,665,300 / US$15,314,702.

The auction was conducted at the Four Seasons Hotel des Bergues in Geneva. The top selling lot of the sale was a platinum tourbillon souverain “souscription model” wristwatch, bearing number 2 out of 20, made circa 1999, sold for CHF 2,707,000/ $3,033,735.

The Art of F.P. Journe Auction Highlights

Tourbillon Souverain

Arguably F.P.Journe’s most famous wristwatch model is the Tourbillon Souverain, launched in 1999, the first ever tourbillon with a remontoir d’égalité – incorporating constant force throughout the winding process to compensate for the uneven force delivered by the mainspring to the escapement as it unwinds.

F.P.Journe Tourbillon Souverain ‘Souscription’
F.P.Journe Tourbillon Souverain ‘Souscription’/ Copyright: Christie’s

Lot 2039 – Tourbillon Souverain ‘Souscription’ – an especially rare, historic and highly important platinum tourbillon wristwatch with brass movement, yellow gold dial, remontoir d’égalité and power reserve. Signed F.P. Journe, No. 2/20, circa 1999, sold for CHF2,707,000/ US$3,033,735, making it the top selling lot of the auction.

Chronomètre à Résonance

By achieving synchronicity without a physical linkage, resonance considerably reduces the effects of wrist and body movements. François-Paul Journe became the first watchmaker to incorporate this tremendous improvement in precision into the smaller available volume of a wristwatch, an incredible achievement of modern horology.

F.P.Journe Chronometre a Resistance Pre-Souscription
F.P.Journe Chronometre a Resistance Pre-Souscription/ Copyright: Christie’s

This represented the second highest selling piece, Lot 2038 – Chronometre a Resistance “Pre-Souscription” – an exceedingly rare and early platinum chronometer wristwatch with resonance – controlled twin independent geartrain brass movement, pink gold dial and power reserve. Signed F.P. Journe, No.040/00R, circa 2000 which sold for CHF1,376,000 / US$1,542,083.

Centigraphe

The Centigraphe Souverain was developed with the aim of producing the perfect chronograph for the world of automotive racing.

F.P.Journe Centigraphe Souverain Formula Edition
F.P.Journe Centigraphe Souverain Formula Edition/ Copyright: Christie’s

This category was led by Lot 2032 – Centigraphe Souverain Formula Edition – an exclusive and highly desirable platinum ergonomic chronograph wristwatch with 100th of a second, 20th second, 10 minute registers, red chrome dial. Signed F.P. Journe, No. 096-CT, circa 2010. Sold for CHF529,200 / US$593,074.