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Results for Christie's (Auctions)

469 articles found · page 11 of 16

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
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.