Highlights from the Fall Geneva Auctions

Highlights from the Fall Geneva Auctions

During the previous few days, Antiquorum, Christie’s, Phillips and Sotheby’s offered significant watches in four sell-offs held in Geneva. All together, these deals raised the noteworthy measure of more than Swiss Francs 54 million.

Held more than two days (November 10 and 11), the “Geneva Watch Auction: EIGHT” organised by Phillips Watches understood an aggregate of CHF 21,359,750 outperforming the pre-deal high gauge with a considerable lot of the 222 lots offered.

Driving this weekend’s results was an uncommon platinum Patek Philippe reference 3974 (lot 78A), one of just eight openly known in platinum, which sold for an astounding CHF 1,032,500. Created under the direction of Philippe Stern, this reference was dispatched in 1989 to observe Patek Philippe’s 150th commemoration and highlights an in-house self-winding development with minute repeater, interminable schedule, 24-hour sign and periods of the moon.

There were solid outcomes across all models for Rolex, including a new world record for a Rolex reference 6236, a chronograph wristwatch with triple schedule otherwise called the “Jean-Claude Killy”, from the name of the acclaimed French ski racer and Rolex diplomat. Extraordinary compared to other saved guide to at any point come to sell, the steel “Killy” (lot 42) acknowledged CHF 702,500 breaking its own world record all the while.

Another feature of the night was the generally significant Rolex Sea-Dweller reference 1665 “Single Red” (lot 174), a prototype in tempered steel with no helium valve case which sold for CHF 708,500 thusly setting a new world record for a Rolex Sea-Dweller.

A restricted version in platinum of a Tourbillon Souverain model delivered by F.P.Journe in 1998 (lot 14) crushed the high gauge of CHF 180,000 selling for the measure of CHF 468,500. Bearing number 16/20, this uncommon watch is in nearly fresh out of the box new unworn condition and accompanied by unique fitted box, unique receipt/request archive, specialized drawings and item writing.

The Antiquorum “Important Modern & Vintage Timepieces” auction was hung on Sunday the 11th and totalled CHF 8,075,892. Sold lots incorporated an uncommon and actually noteworthy Jaeger LeCoultre Gyrotourbillon in dark platinum delivered in 2010 (lot 225) which accomplished the measure of CHF 197,000. The number 2 of a restricted release of only 5 pieces, this model highlights a slanted light-weight two-confine multi-pivot round tourbillon, two barrels with sapphire covers, condition of time, interminable schedule with retrograde month sign, jump year sign, protected moment date show by methods for two retrograde hands, and power hold sign.

On November the 12th, Christie’s “Rare Watches” auction understood an aggregate of CHF 13,310,688. The star of this sale was lot 234, a Patek Philippe yellow gold interminable schedule chronograph wristwatch with moon stages ref. 2499, first arrangement, manufactured in 1952 and retailed by Serpico y Laino, Caracas. With an underlying appraisal of CHF 1,500,000 – CHF 2,500,000, the watch sold for CHF 3,252,500. The uncommonness of reference 2499 (just 349 watches created in 35 years) just as the outstanding states of this piece — the solitary reference 2499 across the whole creation hurry to have ‘Serpico y Laino Caracas’ on the dial — are a portion of the key reasons that added to the excellent outcome.

Lot 110, an uncommon and early treated steel Omega Speedmaster chronograph, Broad Arrow model ref. 2915-1, manufactured in 1958, acknowledged CHF 125,000. The watch was completed by a hardened steel original wristband ref. 7077 with deployant fasten and the Omega Extract from the Archives affirming creation in 1958 and ensuing shipment to Mexico.

A platinum triple hub flying tourbillon wristwatch (lot 32) made by watchmaker Thomas Prescher in 2007 acknowledged CHF 175,000. This model, the Trilogy No. 5, additionally includes a consistent power instrument, and a specially made onyx dial.

The following day, another Patek Philippe interminable schedule chronograph wristwatch ref. 2499 fundamentally added to the Sotheby’s “Important Watches” auction all out of CHF 12,208,000.

Delivered in 1952 and retailed by Asprey as confirmed by the dial, the lot 220 was sold for a measure of CHF 3,915,000. 

Lot 238, a Rolex Submariner “Milsub” ref.5517 made for the British Armed Forces in 1978, sold for CHF 218,750.

The high valuation is because of its extraordinariness. All through the 1970s Rolex provided its Submariner model to the British Military for use by the Special Forces. Throughout the span of the decade around 1,200 pieces were manufactured for the Armed Forces. Using references 5513 and 5517, these watches were altered to meet military details becoming especially alluring for authorities. Military Submariner dials are set apart with a letter T over the profundity rating, the hauls include fixed bars, and the case backs are engraved with a Military issue number, supply date and the popular ‘Broad Arrow’. On nearly 5513, and every one of the 5517 (likewise with the current lot), Rolex fitted wider ‘Sword’ hands and a new bezel aligned completely to 60 units.

For the full arrangements of the lots that were sold at these barterings, simply follow the connections below:

Phillips: “Geneva Watch Auction: EIGHT”, Geneva, 10 and 11 November 2018

Antiquorum: “Important Modern & Vintage Timepieces”, Geneva, 11 November 2018

Christie’s: “Rare Watches”, Geneva, 12 November 2018

Sotheby’s: “Important Watches”, Geneva, 13 November 2018