Golden Patek Philippe and Rolex watches top Christie’s Geneva auction results

Patek Philippe pink gold 3974R and yellow gold Rolex Cosmograph Paul Newman achieve hammer prices of over £550,000.

Christie’s Rare Watches sale in Geneva, its first live auction in Switzerland since lock down, performed strongly with a sale total $9,785,522 (£7.8m) from 207 watches.

The lively but socially distanced saleroom saw 57% of the auction sold via telephone bidders, 23% on Christie’s Live online sale platform and 20% in the room.

The highest price paid was for a Patek Philippe Pink Gold 3974R perpetual calendar minute repeater, which went under the hammer for £577,080.

The pink gold version of the 3974R is extremely rare, with a maximum of 15 examples ever made, according to Christie’s.

 

So far only 4 have returned to the open market, including this one, which was consigned by a private collector who had retro-fitted the watch with a white dial with Roman numerals, making it likely to be unique.

Rolex came in as runner up with an 18ct gold Paul Newman reference 6239, which went for £556,920.

 

The top ten watches were:

Top 10 rare watches 20 july 2020

 

 

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