On 10 & 11 November, Christie’s Geneva three-session auction of important watches realised an unprecedented combined total of $43,985,467 the highest result for a series of watch sales ever held. Aurel Bacs, International Head of Christie’s Watch Department, declared:
“On 10 and 11 November, Christie’s dispersed over 370 fine watches in an historical ten-hour auction marathon, which set a new record total for any series of watch sales. Patek Philippe and Rolex were the stars, confirming that rare timepieces have to be considered as true works-of-art.
The top-seller was an exceptionally fine, rare and important 18K pink gold perpetual calendar chronograph Patek Philippe wristwatch with moon phases, encased in 1957 which was sold for $2,160,474. Another proof that fine watches are not only a mark of refinement and style but also an excellent investment.