New World Records set for F.P.Journe, Cartier, Harry Winston, and Bulgari.
Phillips’ New York Watch Auction: XII capped off the season with a perfect sell-through and an impressive $25 million in sales, marking the ninth consecutive “white glove” auction in the city. These results show a strong collector demand for vintage watches and independent watchmakers, with bidding from over 70 countries. Patek Philippe led the charge, including a yellow gold Ref. 1518 that sold for $1.45 million (nearly four times its low estimate) and a rare stainless steel Ref. 570 that brought in over $1 million. Phillips continues to prove that New York is a hot bed for watch auctions, thanks to U.S. collectors and exclusive examples from Rolex, Audemars Piguet, A. Lange & Söhne, and Cartier.
Top 10 Sales
- 1) Patek Philippe, Ref. 1518 Perpetual Calendar Chronograph, circa 1950 (Lot 20) – $1,451,500
- 2) Patek Philippe , Ref. 570 Calatravone “Three-Tone Breguet Numerals”, 1943 (Lot 95) – $1,066,800
- 3) F.P. Journe , Tourbillon Anniversaire Historique “T30”, 2014 (Lot 8) – $889,000
- 4) Harry Winston x F.P. Journe, Ref. Piece Unique Opus One Chronomètre à Résonance Piece Unique, 2002 (Lot 84) – $838,200
- 5) A. Lange & Söhne, Ref. 414.049 1815 Chronograph “2022 Best of Show, Concorso d’Eleganza Villa d’Este”, 2022 (Lot 11) – $736,600
- 6) F.P. Journe , Répétition Souveraine Smoked Sapphire, 2023 (Lot 82) – $685,800
- 7) Audemars Piguet, Grand Complication Clock Watch with Grande and Petite Sonnerie, 1892 (Lot 26) – $508,000
- 8) Patek Philippe, Ref. 5213G-001 Perpetual Calendar Minute Repeater, circa 2013 (Lot 36) – $469,900
- 9) Patek Philippe, Ref. 5004G-015, 2010 (Lot 61) – $457,200
- 10) Biver, Carillon Tourbillon No. 1, 2023 (Lot 28) – $444,500
Independent brands made their mark too, with F.P.Journe and Harry Winston’s Opus One hitting record highs. F.P. Journe’s Tourbillon Anniversaire Historique “T30” sold for $889,000, while a Répétition Souveraine brought in $685,800 after a six-minute bidding war. Harry Winston’s Opus One fetched $838,200, setting a new record for the series. Cartier surprised with every lot exceeding estimates like a yellow gold Coussin Bamboo “Jumbo” that beat its estimate by more than five times. A notable Rolex “Big Red” Daytona once owned by French F1 legend Jean-Pierre Jabouille added a motorsport touch to the weekend, selling for $215,900. With consistent results and growing international interest, Phillips is positioning itself for a promising future ahead.
Source: Phillips
