01 October 2020



Phillips in Association with Bacs & Russo Announces

Further Highlights from The Geneva Watch Auction: XII




Retrospective: 2000 - 2020, a Themed Auction Curated by Phillips x Blackbird



The Three-Day Live Auction Series Runs from 6 to 8 November, Presenting Outstanding Timepieces Including an Extremely Rare Patek Philippe Reference 2499 Second Series in Yellow Gold


Patek Philippe

Reference 2499 second series in yellow gold

Estimate: CHF 700,000-1,200,000


GENEVA – 1 OCTOBER 2020 – Phillips in Association with Bacs & Russo reveals additional highlights from The Geneva Watch Auction: XII, further to the recent announcement of the extraordinary Patek Philippe reference 2523/1 world time in pink gold with guilloché dial, the top lot of the upcoming November sale. Taking place at Hôtel La Réserve, Geneva on November 6-7, the double evening sale will be followed by Retrospective: 2000 - 2020, a themed auction curated by Phillips x Blackbird to be held on November 8, 2020.


Phillips has curated a dynamic selection of watches spanning the 20th and 21st centuries, demonstrating the savoir-faire, technical and design prowess of the watch industry. These watches are united in their rarity, state of preservation and relevance, and will attract the budding enthusiast and seasoned collector alike. The selection is led by a series of pieces from a tightly curated private collection and hail from power houses such as Patek Philippe and Rolex.

Aurel Bacs, Senior Consultant of Bacs & Russo and Alex Ghotbi, Head of Watches Continental Europe & Middle East jointly commented: “Our selection of watches in The Geneva Watch Auction: XII is a tribute to 20th and 21st century horology. The wide selection covers all periods, styles and prices with two common denominators: the quality of the watches and our passion for them. We are also delighted to have watches from two of the world’s leading collectors, one who has consigned close to 30 astounding pieces and that we have dubbed “Mr. Green” and another, a Patek Philippe reference 2499 2nd Series from the private collection of renowned scholar John Goldberger.”


Thomas Perazzi, Head of Watches, Asia declared: “Following the success of SPORTS, an auction held by Phillips x Blackbird in May 2019, we are thrilled to announce Retrospective: 2000 - 2020, a second theme sale curated in collaboration with Blackbird. This sale will not only be an auction dedicated to the finest watchmakers and highly complicated wristwatches made in the last 20 years, but also a flashback to what has happened in the 21st century. We are honoured to present some of the most important milestone-watches ever produced in the past two decades.”


Mr. TK Mak, Founder and Chairman of Blackbird Automotive Group said: “It has been a pleasure collaborating with the team at Phillips on Retrospective: 2000 - 2020, and an honour to curate a second auction after the successes of SPORTS. It has been fascinating to reflect on the landmark watches that have emerged, and the cultural environment that shaped them, over the past 20 years. We have worked hard to create a catalogue that we expect will become a resource on contemporary horology for many in years to come, providing perspective to the pieces on offer.”


Highlights from The Geneva Watch Auction: XII, November 6 & 7


A Private Collection

The sale presents a group of close to 30 timepieces from the private collection of one of the world’s greatest collectors and scholars, with an astute eye for detail and uncompromising desire for quality. Included in this collection is an eclectic choice of Patek Philippe, Omega, Longines and Rolex watches, among others. The star lot of this collection is an incredibly well-preserved and most probably unpolished Rolex reference 8171 in stainless steel (estimate CHF 300,000-600,000).


Patek Philippe

The fresh to market timepieces from Patek Philippe cover a wide range of complications, styles and periods. From a superb reference 130 in steel with sector dial from 1939 originally sold in France and being offered by a French family (estimate CHF 250,000-450,000), to an extremely rare reference 3974 minute repeater with perpetual calendar in platinum from 2001 with an opaline dial as well as a black dial with Breguet numerals (estimate CHF 700,000-1,4000,000). 


Going back in time to vintage Patek Philippe complications, Phillips has the pleasure of offering a very well preserved reference 1518 in yellow gold from the 1940s, coming from an important private collection this reference was launched in 1941 and was the world’s first perpetual calendar chronograph made in series (estimate CHF 250,000-450,000). The successor to the reference 1518 was the reference 2499, launched in 1951 it features a larger 37.5mm case and more “sporty” pump pushers.


Phillips is also proud to offer two reference 2499’s in the sale. The first: a second series from the collection of one of the greatest collectors and scholars: John Goldberger (estimate CHF 700,000-1,200,000), the second: a third series retailed by famed Swiss retailer Bayer and one of only four known with the Beyer signature. The watch is in an incredible state of preservation and comes with its original box, certificate and even invoice (estimate CHF 400,000-800,000).



The selection of Rolex models will include specimens rarely seen on the market. An incredibly well-preserved reference 6200 “Big Crown”, one of Rolex’s first Submariner models. An iconic piece with the sought after 3, 6, 9 “Explorer dial”, this example comes with an incredible chocolate “tropical dial” (estimate CHF 400,000-800,000). The desire for gold Daytonas with Paul Newman dials is as strong as ever and Phillips has the pleasure of offering a very well-preserved reference 6241 “John Player Special” in 14k yellow gold (estimate CHF 600,000-1,200,000).



Reference 8171 in stainless steel

Estimate: CHF 300,000-600,000

Patek Philippe

Reference 3974 in platinum

Estimate: CHF 700,000-1,400,000

market. A ref


Reference 6241 “John Player Special” in yellow gold

Estimate: CHF 600,000-1,200,000


Some of the finest vintage and modern watches available anywhere in the world in terms of quality and condition will also be offered, including elegant dress, sports, and complicated watches by prestigious collectors’ brands such as Patek Philippe and Rolex, A. Lange & Söhne, Audemars Piguet, Vacheron Constantin, Omega, IWC, Longines and Breguet, to name only a few.


Highlights from Retrospective: 2000 - 2020, November 8

Organised with Blackbird, Retrospective: 2000 - 2020 showcases the first twenty years of this millennium and presents some of the most relevant and important watches made in the past two decades.


Patek Philippe

To be offered for the first time at auction is a possibly unique pink gold reference 5531 world time minute repeater with cloisonné enamel dial representing the Geneva lake, with a gold bracelet (estimate CHF 500,000-1,000,000).  Further highlights include a superb reference 5207 perpetual calendar, minute repeater tourbillon in platinum (estimate CHF 350,000-700,000), and appearing on the market for the first time an incredibly rare reference 5959 split seconds chronograph in pink gold with black dial (estimate CHF 180,000-360,000).




F.P. Journe

François-Paul Journe’s superb creations have been garnering increasing attention from the collecting community. The six timepieces presented in this sale will include his incredible Grande et Petite Sonnerie in steel (estimate CHF 300,000 - 600,000), a Tourbillon Souverain “Black Label” that was available only to existing owners of F.P. Journe watches (estimate CHF 80,000-160,000), and his signature Resonance in 38mm platinum case with brass movement (estimate CF 50,000-100,000).



Zenith has once again trusted Phillips with the sale of a one-off creation, the Lupin The Third chronograph, directly reproducing the dial of a Zenith worn in the celebrated Japanese manga. Proceeds from the sale will benefitto the charity Zoé4Life, a registered non-profit organisation, recognised as a public service utility whose mission is to support research, provide financial support to families in need, support kids during their treatments and raise awareness about childhood cancer.


Further Highlights

Retrospective: 2000 - 2020 will offer timepieces from some of the newer brands who were created in the 21st century and have since gained a cult following. Highlights include Richard Mille and the impressive RM038 “Bubba Watson” tourbillon in a magnesium case (estimate CHF 180,000-360,000), and a unique Kari Voutilainen dual time decimal minute repeater (estimate CHF 135,000-225,000).


Additional important watches to be offered from prestigious brands such as Patek Philippe, Rolex, A. Lange & Söhne, Audemars Piguet, Breguet, MB&F, Greubel Forsey, Urwerk, De Bethune, Laurent Ferrier or Cartier, to name a few.


Patek Philippe

Reference 5531 in rose gold

Estimate: CHF 500,000-1,000,000


F.P. Journe

Grande et Petite Sonnerie in stainless steel

Estimate: CHF 300,000-600,000

Richard Mille

RM038 Bubba Watson Tourbillon

CHF 180,000-360,000




Auction Viewing



Hong Kong 3-9 October

Location: 14/F St. George’s Building, 2 Ice House Street, Central Hong Kong


Taipei 13-15 October

Location: 12F., Unit B No.89, Songren Road, Xinyi District Taipei City 110



London 5-8 October

Location: Phillips’ HQ, 30 Berkeley Square, London Geneva


Geneva: 4-8 November

Location: Hôtel La Réserve, Bellevue, Geneva


As viewings dates will slightly overlap, only a dedicated selection of highlights will be touring this season, some will be presented in Asia with others on view in Europe.



Link to the images of the additional highlights: GWAXII & Retrospective

Images to download





The team of specialists at Phillips Watches is dedicated to an uncompromised approach to quality, transparency, and client service, achieving a sale total of $111 million in 2019 – its third consecutive year as the worldwide market leader in watch auctions.

A selection of our recent record-breaking prices:

1.       Paul Newman’s Rolex “Paul Newman” Daytona reference 6239 (CHF 17,709,894 / US$17,752,500) – New York Auction: Winning Icons – 26 October 2017 – ­­­Highest result ever achieved for any vintage wristwatch at auction.


2.      Patek Philippe reference 1518 in stainless steel (CHF 11,020,000 / US$11,112,020) – Geneva Watch Auction: FOUR – 12 November 2016 – Highest result ever achieved for a Patek Philippe wristwatch at auction.




Phillips is a leading global platform for buying and selling 20th and 21st century art and design. With dedicated expertise in the areas of 20th Century and Contemporary Art, Design, Photographs, Editions, Watches, and Jewelry, Phillips offers professional services and advice on all aspects of collecting. Auctions and exhibitions are held at salerooms in New York, London, Geneva, and Hong Kong, while clients are further served through representative offices based throughout Europe, the United States and Asia. Phillips also offers an online auction platform accessible anywhere in the world.  In addition to providing selling and buying opportunities through auction, Phillips brokers private sales and offers assistance with appraisals, valuations, and other financial services.

Visit www.phillips.com for further information.


*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.


PRESS CONTACTS:            

GENEVA - Asta Ponzo, PR Consultant                       [email protected]                            +41 79 961 85 66

LONDON - Katie Carder, Head of Press, Europe        [email protected]                           +44 20 7901 7938



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