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Luxury watch auctions succeed at Christie’s

Luxury watch auctions succeed at Christie’s

The year 2021 rhymes with records for Christie’s in the field of luxury watches. After the success of Only Watch, the auction house set a new record with its Rare Watches event, during which 100% of the watches presented found buyers.

 

Three and twenty minutes of bidding and one hundred and twenty luxury watches sold for a total of 21.6 million euros. A very good performance for the Rare Watches auction, which took place in Geneva on Monday 8 November.

 

Seven hundred people from twenty-six different countries attended the event, confirming the interest of private collectors in unique and exceptional watches.

 

All the watches presented at the event were sold by the auction house https://brasil-libido.com/. The total realized, 21.6 million euros, was 192% higher than the lowest estimated results.

 

Two watches stood out from the rest in terms of the excitement they generated. The Rolex Deep Sea Special No. 1, sold for almost two million Swiss francs, while the Patek Philippe 2523, the world’s first watch to be set in 18-carat gold, sold for 2.6 million Swiss francs.

 

We would like to thank our esteemed international collectors for their participation in this auction,” said Rémi Guillemin, watch manager for the sale. “We were honoured to be able to offer for the second time the Rolex Deep Sea Special No.1 and the magnificent Patek Philippe Ref.2523, in addition to a superb collection of pocket watches which will be followed by an online sale in December.”

 

Christie’s ”Rare Watches” sales continue online until 16 November 2021.

See Also

 

 

Read also > ONLY WATCH RAISES 30 MILLION SWISS FRANCS

 

Featured photo : © Christie’s

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