$ 25 MILLION WATCH AUCTION AT CHRISTIE'S GENEVA - second highest watch sale results at Christie's Sale realised SFr. 25,815,700/$ 25,063,786/ 16,214,873 - the second highest ever total for a watch auction at Christie's.
News-Antique.com - May 22,2008 - Geneva - Today's sale realised SFr. 25,815,700/$ 25,063,786/ 16,214,873 - the second highest ever total for a watch auction at Christie's.
A highly educated market, represented by 500 registered bidders, responded enthusiastically to the finely curated selection of watches in todays landmark sale - the second highest result for a watch auction at Christie's setting numerous world records throughout the day. $7.3 million for the cover lots impressively demonstrate the strength of the market and the dominance of Christie's as the leading auctioneer in the field of fine and important watches. Twelve different bidders from four continents compited for the two top lots. The private collection of Rolex divers watches was a 100% sold, far exceeding the pre-sale estimate and underlining the strong demand in vintage Rolex sports watches. We are looking forward to the next watch sale taking place in Hong Kong on May 29. commented Aurel Bacs, Co-director of the international watch department.
Patek Philippe. A unique and exceptional stainless steel perpetual calendar wristwatch with phases of the moon and applied black painted Arabic numerals, Ref. 1526, manufactured in 1949