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Results for Sotheby'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.

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.

The Business of Watches Podcast: Christie's Remi Guillemin On The Fundamental Shifts In The Auction Market Driving Record Prices Hodinkee
F.P. Journe Jul 29, 2026

The Business of Watches Podcast: Christie's Remi Guillemin On The Fundamental Shifts In The Auction Market Driving Record Prices

This week on The Business of Watches, we take stock at the halfway point of the year for watch auctions. Remi Guillemin, Christie's head of watches for the Americas, Europe and Middle East, gives us his take on what's driving the interest of the top watch collectors these days. It's a pivotal time, with the watch auction market setting record sales results at most of the top auction houses despite global economic challenges and geopolitical tensions and conflicts.  Remi Guillemin at the rostrum in Geneva.Photo courtesy Christie's  The last time the market was this hot was in the post-COVID era of 2021 and 2022. Guillemin believes this time is different, and he tells us why references from F.P. Journe and Cartier, and (surprise!) pocket watches, are driving the market these days and how that's a fundamental shift from the hype watch driven boom post-pandemic. He also shows us some of the watches in his personal collection and reveals the grail he's still chasing.  There's plenty of watch business and strategy to discuss, and we hope you enjoy the conversation. Be sure to leave any thoughts or questions in the comments section, and we'll do our best to respond. Want to subscribe so you never miss an episode? This show is being published to the original Hodinkee Podcasts feed, so you can subscribe wherever you find your podcasts, including Apple Podcasts, Spotify, or TuneIn. Show Notes 0:36 Remi Guillemin (Christie's website - scroll for bio) 1:00 Auctions: The Five Result...

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.  

Auction: Citizen 100th Anniversary Pocket Watch No. 001 for Charity SJX Watches
Citizen 100th Anniversary Pocket Watch Dec 2, 2024

Auction: Citizen 100th Anniversary Pocket Watch No. 001 for Charity

Soon to go on the block at Sotheby’s upcoming New York sale is the very first Citizen 100th Anniversary Special Limited Edition Pocket Watch, numbered “001/100” on the case back. The penultimate lot in the sale that will take place on December 6, the pocket watch is being sold to benefit 1% for the Planet, the environmental charity whose founders include the entrepreneur who established outdoor clothing brand Patagonia. Included with the pocket watch is a special edition copy of Citizen: The Essence of Time, a book that details the brand’s history over the past century. The book is numbered “001/100” to match the watch. The cal. 0270 Launched earlier this year to mark the centennial of Citizen’s first-ever watch, the anniversary pocket watch was inspired by the original 1924 timepiece. Though it has a vintage-inspired aesthetic, the pocket watch is entirely modern in construction and materials. The delicately textured dial is made via electrodeposition, while the case is polished titanium. More notably, the case houses the in-house cal. 0270, a newly developed manual-wind movement with a sophisticated construction that includes a free-sprung balance. After the automatic cal. 0200, this is the second mechanical movement unveiled by Citizen, continuing its progress in developing a stable of high-end in-house calibres. (We reviewed the pocket watch in detail last month.) Estimated to sell for around US$10,000-15,000, the pocket watch “001/100” will be sold a...

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...

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.

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 ...

Highlights: Independent Watchmaking at Phillips Hong Kong Auction SJX Watches
Patek Philippe ref 1463 “Tasti Tondi” Nov 18, 2022

Highlights: Independent Watchmaking at Phillips Hong Kong Auction

With the curtain having just come down on the Geneva sale season, auction houses are migrating to Hong Kong for the second half of the autumn auctions. Going on the block at Phillips’ The Hong Kong Watch Auction: XV are 270 lots that encompass heavy-hitters and “hype” watches, but as usual we’ll take a look instead at a few interesting watches, starting with a selection of independent watchmaking. We round up nine notable creations from the independents, mainly time-only watches with high-quality construction and unique design, such as a Voutilainen Vingt-8 with a skeletonised dial and the Ludovic Ballouard Upside Down. The auction takes place on November 28 (lots 801-938) and November 29 (lots 939-1070). The full catalogue and sale registration can be accessed on Phillips.com. Lot 829: Roger Dubuis Hommage H37 A modern-day chronometer heavily inspired by traditional watchmaker – the aesthetics are a practically a revival of styling from the good old days – the Hommage H37 is an easy watch to like. Living up to its name, the Hommage pays tribute to classical gentlemen’s watches. It’s a three-hander in a classically-sized 37 mm case that contains a Lemania-based self-winding movement certified as a chronometer by the Besançon Observatory. The Hommage case was modelled on the Patek Philippe ref. 1463 “Tasti Tondi” chrongraph, though the resemblance is less obvious on the time-only model. But the simple lines are undeniably appealing despite their sim...

My top five picks from the Ineichen Complications auction Time+Tide
Vacheron Constantin Breguet Nov 18, 2022

My top five picks from the Ineichen Complications auction

The auctions at Ineichen never disappoint and, on December 3, that track record continues. Because on that day, at 2pm CET, bidding will begin for their Complications: Dates & Calendars auction. Fifty lots of some of the most complicated and beautiful watches from storied brands like Vacheron Constantin, Breguet and JLC. So much complicated goodness that … ContinuedThe post My top five picks from the Ineichen Complications auction appeared first on Time+Tide Watches.

My 5 favourite lots from the Ineichen Royal 50 auction on May 28 - with no buyer’s premium! Time+Tide
May 24, 2022

My 5 favourite lots from the Ineichen Royal 50 auction on May 28 - with no buyer’s premium!

Ineichen Auctioneers are known for their thematic auctions, whether it’s focusing on blue dials for “Precious Blues” or the rose-gold themed “La Vie en Rose” auction earlier this year. They also have a pioneering spirit – their most recent Joker XXX auction consisted of a three-piece set including a piece unique watch, Porsche 911, and … ContinuedThe post My 5 favourite lots from the Ineichen Royal 50 auction on May 28 – with no buyer’s premium! appeared first on Time+Tide Watches.

8 Picks From The Ineichen ‘Precious Blues’ Auction On April 23, 2022 Featuring Delectable Rarities By De Bethune, Alain Silberstein, And Many Other Independents Quill & Pad
De Bethune Alain Silberstein Apr 15, 2022

8 Picks From The Ineichen ‘Precious Blues’ Auction On April 23, 2022 Featuring Delectable Rarities By De Bethune, Alain Silberstein, And Many Other Independents

There is a watch auctioneer focusing on bringing beauty into auctions rather than chasing world records by concentrating on (the) two highly popular brands: Ineichen based in Zurich. And here Elizabeth Doerr highlights eight timepieces in its next auction that she thinks we should be paying special attention to when others might not be. Ineichen's Precious Blues auction takes place on April 23, 2022.