A $ 25 Million Watch Auction at Christie's Geneva - second highest watch sale results at Christie's- 12 May 2008

This latest sale in Geneva realised  SFr. 25,815,700/$ 25,063,786/€ 16,214,873 - the second highest ever total for a watch auction at Christie's.

A highly educated market, represented by 500 registered bidders, responded enthusiastically to the finely curated selection of watches in today’s landmark sale setting numerous world records throughout the day. $7.3 million for the Patek Philippe cover lots, reference 1526 and 2497 impressively demonstrate the strength of the market and the dominance of Christie's as the leading auctioneer in the field of fine and important watches. Twelve different bidders from four continents competed for the two top lots. The private Rolex collection of divers watches sold 100%, far exceeding the pre-sale estimate and underlining the strong demand in vintage Rolex sports watches.

Top Ten Watches: click here

Source: Christie's Geneva