Christie’s Geneva auction sales sets new record prices

November 2011

Christie’s Geneva celebrate the closure of their year of auctions with an annual combined total of more than SFr. 181.6 million, +62% over the same result in 2010.

This autumn week of sales achieved strong results across all categories totaling SFr. 86,078,744 (+38.4% versus November 2010). New world record prices have been set for any grey diamond and for a Patek Philippe perpetual calendar wristwatch ref. 3448, among others.

The jewellery sales held at Christie’s Geneva on November 16 realised a combined total of more than 61.2 million dollars. Several world record prices were set, including those for any fancy grey diamond, achieved by a rectangular-cut fancy grey, SI1 diamond ring of 10.67 cts (sold for SFr.1,095,000, against a pre-sale estimate of SFr.100,000-180,000) and for a pair of emerald earrings (sold for SFr.2,827,000).

„Timeless Elegance: Important Jewels from the Collection of a European Family‟ totaled SFr.7.1 million. The top lot from this sale was an exceptional ruby and diamond parure, mounted by Cartier which was sold for SFr.1,539,000.

Jewellery Sales’ annual combined total (May + November 2011) : SFr.125,411,575

On November 14, in a nine hour long marathon, Christie’s Geneva auction of Important Watches achieved the category‟s highest result thus far in 2011. Christie’s leading watch team obtained such an extraordinary performance from the combination of carefully selected watches of great rarity, impeccable provenance, exceptional condition and attentive scholarship.

Watch Sales’ annual combined total (May + November 2011) : SFr.49,610,551

For complete results (per auction): Click here