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Christie’s – Geneva watch auctions total...

Christie’s – Geneva watch auctions total CHF 23.5 million

Tuesday, 14 November 2017
By The FHH Journal editors
The FHH Journal editors

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For the Fall session, Christie’s Geneva held two sales at the Four Seasons Hotel des Bergues. They realised a combined total of CHF 23.5 million ($ 23.6/€ 20.3).

The auction of Rare Watches on 13 November realised a total of CHF 12.8 ($ 12.8/€ 11.0) and sold 91% by lot and 95% by value. The top lot of the sale (lot 135) was a so-called “Senza Luna” by Patek Philippe, reference 3448 in white gold, a perpetual calendar watch without the moon phase indication, made in 1981, which sold for CHF 972,500 ($ 978,480/€ 838,697). It is the only example to date of a “Senza Luna” watch, confirmed by the Extract from the Archives of Patek Phillipe (date 9 October 2017), to have been made with a dial without moon phase disc.

Demand for high quality timepieces was particularly evident and over 70% of the sale was purchased by private clients, echoing the high percentage of consignments from private collectors around the world. Throughout the day there was active participation online via Christie’s LIVETM, with over 200 registrants to Christie’s online platform from around the world. The 7th edition of Only Watch on 11 November raised a total of CHF 10.8 million ($ 10.8/€ 9.3) and was sold 100% to benefit research of Duchenne Muscular Dystrophy.

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