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Results for Christie's (Auctions)

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Editorial: The Geneva Auction Season, November 2022 SJX Watches
F.P. Journe Nov 12, 2022

Editorial: The Geneva Auction Season, November 2022

A much-anticipated series of auctions just concluded in Geneva, the first sale season to take place after financial markets started to crack in mid 2022. All the major auction houses – Christie’s, Phillips, and Sotheby’s – staged sales in the Swiss city, and almost everyone who was anyone turned up (or took part by phone or online). The season’s top performer by the numbers was Christie’s, which sold CHF55.5 million of watches, fees included, largely thanks to the collection of former Ferrari Formula 1 chief Jean Todt. It displaced the traditional number one, Phillips, which sold CHF45.0 million. The Phillips auction at La Reserve. Image – Phillips A few takeaways are immediately apparent in the results. One was widely expected: “hype” watches have come off their highs, often by a third or more. Including obvious candidates like sports watches, namely the Nautilus, Royal Oak, and Overseas, but also brands that enjoyed massive run-ups in value during the pandemic like F.P. Journe. Values are still up from the pre-pandemic lows, but if prices overcorrected on the way up, then it is likely they will do so on the way down. Sotheby’s, for instance, had several dozen examples of various Nautilus and Royal Oak models in its sale, mostly with estimates close to peak values from late 2021. As a result, a third of the watches went unsold. The dip in values was also evident with F.P. Journe, certainly not a “hype” brand but one that enjoy a stellar run during ...

Pandemic Buying: A Plethora Of Auction Watches Hammering For More Than A Million In 2020 And 2021 - And, Yes, Most Were By Patek Philippe Quill & Pad
Patek Philippe Jul 6, 2021

Pandemic Buying: A Plethora Of Auction Watches Hammering For More Than A Million In 2020 And 2021 - And, Yes, Most Were By Patek Philippe

At watch auctions by Phillips, Christie’s, and Sotheby’s held in 2020, the first year of the pandemic, 22 timepieces hammered for more than one million Swiss francs. And to date in 2021, there have been (at least) 13 watches selling for more than one million Swiss francs. Elizabeth Doerr highlights the top auction results of the pandemic era so far, and, yes, Patek Philippe still reigns supreme.

Geneva’s Auction Week May 2021: Record Results And High Notes, Especially For Independent Brands Quill & Pad
Patek Philippe models brought May 14, 2021

Geneva’s Auction Week May 2021: Record Results And High Notes, Especially For Independent Brands

Geneva’s second round of pandemic-era May auctions brought some fascinating offerings out of the woodwork. And people are buying watches at auction like there is no tomorrow. While Rolex and Patek Philippe models brought in most of the high-roller results, the three main houses with auctions running over the second weekend in May 2021 – Phillips, Christie’s, and Antiquorum – also generated fantastic results for watches by many other brands, including the independents.

8 watches that might just be sub-$10k bargains at Phillips Geneva Watch Auction XII Time+Tide
Nov 5, 2020

8 watches that might just be sub-$10k bargains at Phillips Geneva Watch Auction XII

Let’s face it, watch auctions can be a little bit intimidating. The big players in the watch game are centuries-old organisations, with Christie’s and Sotheby’s both pre-dating the First Fleet sailing into Botany Bay, and Phillips only eight years younger, being founded in 1796. All this history, the seven-figure headline lots and the sometimes confusing … ContinuedThe post 8 watches that might just be sub-$10k bargains at Phillips Geneva Watch Auction XII appeared first on Time+Tide Watches.

Auction Watch: Breguet Skeleton 30-Day, Constant Force Clock by Philippe René Jaccard SJX Watches
Breguet Skeleton 30-Day Constant Force Dec 7, 2019

Auction Watch: Breguet Skeleton 30-Day, Constant Force Clock by Philippe René Jaccard

One of the most intriguing timepieces being offered in the final run of watch auctions for 2019 is not a wristwatch, but an incredibly rare table clock made by Breguet in 1934 that’s going under the hammer at Christie’s. It hardly looks like a typical Breguet – having no engine-turning or gilding or blued steel hands – but is remarkably striking, with a skeletonised, architectural movement that is modern-looking despite being 85 years old. Abraham-Louis Breguet is rightly regarded as one of the most important watchmakers in history, whose inventions range from the natural escapement to the tourbillon, while being commercially savvy enough to become a leading watchmaker to the Ottoman Empire. But his descendants ventured into other businesses by the mid 19th century, most notably aviation, so the watchmaking operation was sold by Louis-Clément Breguet, grandson of Abraham-Louis, in 1870 to English watchmaker Edward Brown. The Browns kept the workshop in Paris, though it moved several times over the decades. During the century that the Brown family ran Breguet – Brown’s grandson George sold the company to French jeweller Chaumet in 1969 – the firm mostly retained the signature Breguet style and produced a large variety of timepieces, but in tiny quantities, often relying on external specialists for movements and components. Timepiece no. 3142 This clock is one such timepiece from the period. A unique piece according to the accompanying Breguet museum archive...

This week, Christies are promising the “Auction of the Decade”. So should you believe the hype? Time+Tide
Ming Legends May 16, 2021

This week, Christies are promising the “Auction of the Decade”. So should you believe the hype?

It’s always a good idea in marketing to talk a strong game. But after describing the forthcoming Legends of Time in Hong Kong as the “auction of the decade”, Christies are setting the stakes sky-high. For the auction that takes place on Saturday, May 22 over two sessions, Christies estimates a total tally of over … ContinuedThe post This week, Christies are promising the “Auction of the Decade”. So should you believe the hype? appeared first on Time+Tide Watches.

RECOMMENDED READING: 14 lessons from Christies’ watch auction expert Time+Tide
Nov 12, 2019

RECOMMENDED READING: 14 lessons from Christies’ watch auction expert

To work at one of the largest international auction houses in the world, you need to know your stuff, which makes you very good at evaluating the world’s rarest watches and also passing that knowledge onto collectors and enthusiasts. One such watch auction expert is Dr Andrew Hildreth, who is responsible for presenting and writing … ContinuedThe post RECOMMENDED READING: 14 lessons from Christies’ watch auction expert appeared first on Time+Tide Watches.

What Does Antiquorum Have On Auction That Might Fit Your Budget? Fratello
May 9, 2026

What Does Antiquorum Have On Auction That Might Fit Your Budget?

Another auction week in Geneva is upon us. That means most of the attention goes to the big lots that fetch the big bucks. But there’s more to auctions than setting records. Auctions are also a way to bump into childhood heroes, to see watches that got away, or to find an unexpected new love. […] Visit What Does Antiquorum Have On Auction That Might Fit Your Budget? to read the full article.

SJX Podcast: Geneva Auction Preview SJX Watches
Patek Philippe worldtime ref 2523 May 6, 2026

SJX Podcast: Geneva Auction Preview

The spring auction season gets underway in Geneva in just a few days. On episode 39 of the SJX Podcast, we look at some of the top lots that caught our attention at Phillips, Christie’s, Sotheby’s, and Antiquorum, including a cloisonné enamel Patek Philippe worldtime ref. 2523, an Akrivia AK-06, and several notable pocket watches from names like Frodsham, Kullberg, Ditisheim, Patek Philippe, and A. Lange & Söhne. Auction dates (in order): Phillips: May 9 & 10 Antiquorum: May 9 & 10 Sotheby’s: May 10 Christie’s: May 11 & 12 Listen now on Apple Podcasts, Spotify, and YouTube.  

A Space-Flown Omega Speedmaster And Glove Up For Auction On December 3rd Fratello
Omega Speedmaster Nov 26, 2024

A Space-Flown Omega Speedmaster And Glove Up For Auction On December 3rd

Now here is something special! A space-flown Omega Speedmaster Professional 3570.50 and the EVA (Extra-Vehicular Activity) glove it was worn over in space will be up for auction on December 3rd at Koller Auctions in Zurich, Switzerland. Cosmonaut Padalka’s space-flown Omega Speedmaster and EVA glove This watch was on the wrist of cosmonaut Gennady Padalka […] Visit A Space-Flown Omega Speedmaster And Glove Up For Auction On December 3rd to read the full article.

Highlights: Phillips Geneva Online Auction Fall 2024 SJX Watches
Seiko Izul “bullhead” chronograph We Sep 8, 2024

Highlights: Phillips Geneva Online Auction Fall 2024

The fall auction season kicks off with online auctions, before the primary live sales that take place in November. Phillips in Geneva just opened its online auction with a 70-lot offering of the familiar and mainstream (think Aquanaut, Royal Oak, and Nautilus), but also the esoteric and independent, ranging from an Alain Silberstein perpetual calendar made by Svend Andersen to a Seiko Izul “bullhead” chronograph. We round up a few highlights from the sale, which runs from September 5-12, 2024, with the catalogue and bidding available online. Lot 9 –  Alain Silberstein Marine Perpetual Calendar by Svend Andersen Part of Alain Silberstein’s Marine series of dive watches, the Marine Perpetual is a COSC-certified perpetual calendar in a case rated to 200 m. It’s equipped with a clever, double-sided perpetual calendar movement developed by Svend Andersen. Built on an ETA 2892, the perpetual calendar has a minimalist display with only the date on the dial that’s decorated in Silberstein’s trademark style with geometric shapes, primary colours, along with a starfish, crescent, and sun. On the reverse is the months and leap year in a single register that is mounted on the periphery of the movement, allowing the rotor to travel below the indicator. The Marine Perpetual was a limited edition of 100 watches, though it is likely fewer were made, since they are rarely encountered. It was one of several collaborations that Alain Silberstein in the 1990s with prominent in...

Sylvester Stallone’s Panerai split-seconds chrono watch worn in The Expendables is up for auction Time+Tide
Panerai split-seconds chrono watch worn Feb 20, 2024

Sylvester Stallone’s Panerai split-seconds chrono watch worn in The Expendables is up for auction

Sylvester Stallone is a well-documented watch collector, and pieces of his going up for auction are by no means an entirely new phenomenon. But, when watches from famous individuals hit the mainstream auction block – Phillips, Sotheby’s, and Christie’s – there is a lot of marketing and PR behind those lots and they inevitably get … ContinuedThe post Sylvester Stallone’s Panerai split-seconds chrono watch worn in The Expendables is up for auction appeared first on Time+Tide Watches.

Happenings at the Geneva Auction Season Fall 2023 SJX Watches
F.P. Journe Nov 7, 2023

Happenings at the Geneva Auction Season Fall 2023

Regarded as a bellwether of the market, the Geneva auction season just concluded with the main players – Phillips, Christie’s, Sotheby’s, and Antiquorum – having staged their sales over four days. Several records were set over the season, including CHF2.1 million for an immaculate Rolex ref. 6062 triple calendar in steel at Phillips, and CHF2.2 million for the George Daniels Millennium also signed by Roger W. Smith, both including fees. Trending one way Despite the record holders, the tone of the season was set by moderating or even weak prices. This was already evident with the most faddish of the “hype” watches last season six months ago. The May auctions saw prices for such watches gap down substantially, reflecting a new reality. Now the same appears to be happening for independent watchmaking – a good thing in my view as it will hopefully shake out the opportunists and no-hopers. The Roger W. Smith Series 2 hammered for CHF400,000 at Phillips (or CHF508,000 with fees), which is below the current retail price for the model and a third below the price of the lower-priced Series 1 that sold in the same venue in May 2023. The Phillips saleroom at La Reserve. Image – Phillips This phenomenon was not unique to Roger W. Smith, with prices gapping down for significant independents like F.P. Journe and Voutilainen. However, these brands remain buoyed by their relative reasonable retail prices, which still remain below recent auction valuations. Even if some exa...

Sotheby’s Fine Watches Auction: Zach picks 5 lots to keep an eye on Time+Tide
Ming ContinuedThe post Sotheby’s Sep 1, 2023

Sotheby’s Fine Watches Auction: Zach picks 5 lots to keep an eye on

Watch collectors love the hunt for their next watch, and auctions are a great place to find the next dream reference you desire. Sure, it can be intimidating at times, with high-profile lots going for exorbitant amounts of money, but these auctions typically have very large catalogues with hundreds of lots. For example, the upcoming … ContinuedThe post Sotheby’s Fine Watches Auction: Zach picks 5 lots to keep an eye on appeared first on Time+Tide Watches.

Thai Customs admits selling fake luxury watches in auction including pieces from Rolex, Patek Philippe and Richard Mille Time+Tide
Patek Philippe Jul 16, 2023

Thai Customs admits selling fake luxury watches in auction including pieces from Rolex, Patek Philippe and Richard Mille

Watch lovers are always on the lookout for ways to source highly in-demand pieces at prices that aren’t totally bananas. One potential avenue for this are those auctions held by police or government authorities. These often feature items that have been seized or repossessed, because if an asset was used in a crime, owned by … ContinuedThe post Thai Customs admits selling fake luxury watches in auction including pieces from Rolex, Patek Philippe and Richard Mille appeared first on Time+Tide Watches.

5 sleeper picks from the upcoming Sotheby’s Fine Watches auction starting next week Time+Tide
Rolex Daytonas May 25, 2023

5 sleeper picks from the upcoming Sotheby’s Fine Watches auction starting next week

Watch auctions are typically associated with record-breaking prices and incredible amounts of money spent on coveted collectables. During my visit to Sotheby’s Upper East Side headquarters, I saw plenty of lots primed to go for six, seven, dare I say eight figures – such as the two Paul Newman-owned Rolex Daytonas that the auction house … ContinuedThe post 5 sleeper picks from the upcoming Sotheby’s Fine Watches auction starting next week appeared first on Time+Tide Watches.

Two Rolex Daytonas owned by Paul Newman and a full-set Comex Sea-Dweller headline Sotheby’s Important Watches auction on June 9 Time+Tide
Rolex Daytonas owned May 25, 2023

Two Rolex Daytonas owned by Paul Newman and a full-set Comex Sea-Dweller headline Sotheby’s Important Watches auction on June 9

Some people think you need to wait for Watches & Wonders to see new watches, but this June in New York, there are dozens of pieces seeing the light of day for the first time in decades. Over at Sotheby’s New York, two auctions are bringing out some heavy-hitting heroes. In the Important Watches Sale … ContinuedThe post Two Rolex Daytonas owned by Paul Newman and a full-set Comex Sea-Dweller headline Sotheby’s Important Watches auction on June 9 appeared first on Time+Tide Watches.

Three takeaways from the most expensive watches sold at auction in 2022 Time+Tide
Jan 18, 2023

Three takeaways from the most expensive watches sold at auction in 2022

Recently, Robb Report listed the 20 most expensive watches sold at auction in 2022. Overall, there was more than $600 million in sales between the top three auction houses (Sotheby’s, Christie’s and Phillips), with these 20 pieces alone accounting for more than $50 million of that total. And though these numbers are quite impressive, there … ContinuedThe post Three takeaways from the most expensive watches sold at auction in 2022 appeared first on Time+Tide Watches.

Takeaways from Attending My First Live Watch Auction SJX Watches
F.P. Journe FFC Blue Dec 30, 2022

Takeaways from Attending My First Live Watch Auction

I have always been fascinated by the drama that unfolds at a live watch auction – the excitement, the applause that accompanies a record hammer price, and the occasional silence when there are no bids to be found made. As a collector, the drama that unfolds adds colour to the hobby and adds another dimension to the business.  I had long tuned in for the livestream of auctions since I purchased my first vintage timepiece almost a decade ago. I followed the blockbuster results in the salerooms of the three leading auction houses, Phillips, Sotheby’s and Christie’s, but I had yet to experience being in the room until my outing to the recent fall sales in Hong Kong.  Watching the gavel fall on screen I knew I had to attend a live auction after watching the Sotheby’s Geneva auction that took place in December 2014. On my laptop I saw the sale of the Henry Graves Supercomplication unfold, when the man with the red tie, whom I later discovered to be Aurel Bacs, won the watch for US$24 million.  A few years later, while commuting to my first job out of college, I caught the exact moment when Paul Newman’s “Paul Newman” Rolex Daytona sold for a record at Phillips’ in New York. More recently, I tuned in for the sale of the F.P. Journe FFC Blue at Only Watch last year. Even though I only watched these sales on a screen, it is clear that watch auctions at the highest level are almost a competitive sport, with bidders from across the world or the aisle locked in a ...