Christie’s Geneva Auction Achieves Over SFr. 19 Million

Patek Philippe Ref. 1526

Christie’s November 16 Geneva auction set nine world record prices for Patek and Rolex references on the way to achieving the highest total for any watch auction in 2009: SFr. 19,032,388, or just under $19 million. This was nearly twice the pre-sale low estimate. The results reflected sales of 97% by value and 94% by lot. 900 bidders from 5 continents participated in the sale live, online and on the telephone.

The top price of SFr. 2,400,000 was paid for a Patek Philippe ref. 1526 perpetual calendar wristwatch. Rounding out the top 5 were a gold 1924 Patek single-button chronograph at SFr. 939,000, a platinum Patek ref. 3448/100 perpetual calendar with moon phases at SFr. 783,000, a pink gold Patek ref. 2438/1 perpetual calendar at SFr. 711,000, and a gold Patek ref. 1579 chronograph at SFr. 675,000. The top 5 are pictured below.

Patek Philippe ref. 1526, front and back
Patek ref. 1526

Patek ref. 1526

1924 Patek Philippe single-button chronograph
Patek chronograph

Patek Philippe ref. 3448/100
Patek ref. 3448/100

Patek Philippe ref. 2438/1
Patek ref. 2438/1

Patek Philippe ref. 1579
Patek ref. 1579

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