18 May 2020



Phillips in Association with Bacs & Russo Announces Additional Highlights from The Geneva Watch Auction XI


Including a Previously Unknown Patek Philippe Pocket Watch 

Reference 605 HU from 1950 in Pink Gold


And Two Extremely Rare F.P. Journe Models Tourbillon Souverain and Resonance both from his Original “Souscription” Series


Patek Philippe 

Reference 605 HU from 1950 in pink gold

Estimate: CHF 250,000-500,000


GENEVA – 18 MAY 2020 – Phillips in Association with Bacs & Russo is reveals additional highlights from The Geneva Watch Auction XI, following the earlier announcement of four extraordinary Patek Philippe wristwatches from the private collection of Mr. Jean-Claude Biver to be included in the sale. Taking place at Hôtel La Réserve, Geneva on June 27 and 28, 2020, the double-evening sale will feature over 200 lots including important timepieces that are exceptional in terms of provenance, aesthetics, condition and rarity.


Aurel Bacs, Senior Consultant Bacs & Russo and Alex Ghotbi, Head of Watches, Continental Europe and Middle East, jointly said, “We are delighted with the selection of watches in our Geneva Watch Auction XI, which gathers an unprecedented number of previously unknown, fresh to the market timepieces consigned by their original owners or descendants. The timepieces we are excited to reveal represent some of the greatest creations of the 20th and 21st century. They are watches of the highest quality, rarity, collectability and desirability that offer the type of diversity that adds colour, depth and balance to collecting.”


The Geneva Watch Auction XI marks Phillips’ first live watch auction of 2020 and will be led by an incredible selection of fine collectible timepieces hailing from power houses including Patek Philippe and Rolex, as well as from master independent watchmakers such as F.P. Journe or Kari Voutilainen.


Patek Philippe

The extraordinary selection of Patek Philippe timepieces covers a wide range of complications, styles and periods, with highlights including: 


One of Patek Philippe’s signature complications, a pocket watch reference 605 HU from 1950 featuring a cloisonné enamel dial representing Eurasia and Africa. Previously unknown to the collecting community and appearing for the first time publicly, this watch is the only one known in pink gold featuring this type of dial. It is being offered by the family of the original owner.


An incredibly well-preserved reference 1579 chronograph in yellow gold made in 1955 and retailed by famed Swiss retailer Gübelin, it is only the 5th example signed by Gübelin to grace the market. 


A reference 1518 in yellow gold from the family of the original owner from 1944, this reference was launched in 1941 and was the world’s first perpetual calendar chronograph made in series. 


Continuing with perpetual calendars the sale also offers an ultra-rare white gold reference 3448 from 1970, coming from the family of the original owner. This example is one of only 30 known white gold reference 3448s and the third featuring calendar discs in German.



In the field of Rolex wristwatches, the Submariner is a true icon. This season Phillips presents a wide selection of Rolex models, some of which are rarely seen on the market. These include:


A reference 5513 circa 1963 in excellent condition featuring an ultra-rare “Explorer dial” or “3-6-9 dial”. While the majority of Submariners were fitted with regular round hour markers, the present watch bears this extremely rare dial configuration, reminiscent of the dials also found on Rolex’s iconic “Big Crown” reference 6200. 


Recently found in an antique shop in Alexandria, a Rolex Submariner “Big Crown” reference 6200 is also offered.


Finally, Phillips is proud to offer what is quite possibly one of the best-preserved examples of Rolex’s ultra-elusive reference 6232 in pink gold, from 1958. It is one of only twelve watches in existence, originally destined for the French market.


Independent Watchmaking

Phillips is renowned for shining a spotlight on Independent Watchmaking and each season a large section of the catalogue is dedicated to these amazing watchmakers, whose unbridled creativity and technical mastery continue to dazzle collectors and enthusiasts around the world. Highlights include:


F.P. Journe’s original Tourbillon Souverain “Souscription”, the watch that enabled the Founder of the firm, Mr. François-Paul Journe, to set up his company, and of which he has made only 20. When Journe decided to launch his second iconic model, the Resonance, he offered the latter to the clients having already bought the tourbillon, here again he used a subscription system. Phillips has the immense pleasure of offering a Resonance “Souscription”, a model rarely seen at auction, and the present example comes in a unique livery specially commissioned by Lorenz Baümer: platinum/pink gold case with white gold dial.


The incredibly talented independent jeweler Bäumer was born in the USA in 1965, and lived abroad from a young age given his father was a German diplomat and his mother was French. He spent much of his childhood globetrotting, which led to his discovery and appreciation of different cultures, which went on to influence his artistic career. After completing engineering studies at the École Centrale de Paris in 1989, Bäumer opened his first salon at 23, rue Royale in Paris to sell costume jewellery. Thereafter he moved to 4, place Vendôme and devoted himself exclusively to jewellery. The creation of the tiara "Ecume de Diamants" for the wedding of HSH Prince Albert of Monaco with Charlène Whittstock in 2010 was a marking moment in his career.

Source: lorenzbaumer.com


Link to related online article and video:


Images related to the video:



Another exceptional highlight is the Opus 3 made for Harry Winston by Vianney Halter, featuring a unique way of reading time. This example is number one from 25 pieces made in platinum.


Also topping the Independents’ Atelier section is a unique GMT model with power reserve hiding a beautifully engraved and enameled caseback featuring Triton, and a mermaid by Kari Voutilainen.


Some of the finest watches 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 Breitling, to name only a few.


The selection of leading highlights will be available to the public during the pre-sale exhibitions opening in Asia and Europe. Following a preview in Hong Kong from May 20 to 27highlights will be on display in Geneva from June 24 to 28, 2020.


F.P. Journe

Tourbillon Souverain "Souscription"

Estimate: CHF150,000-300,000


F.P. Journe

Résonance "Souscription"

Estimate: CHF 80,000-160,000

Patek Philippe

Reference 1518 in yellow gold

Estimate: CHF200,000-400,000



Patek Philippe

Reference 1579 in yellow gold

Estimate: CHF60,000-100,000



Reference 6232

Estimate: CHF200,000-400,000


Reference 6200 Big Crown

Estimate: CHF250,000-500,000


At Phillips the health and safety of our clients and staff are our highest priority, and we will adapt our preview exhibitions and live auctions to reflect local government guidelines.  




The Geneva Watch Auction XI, Part I: 27 June 2020, 2pm

The Geneva Watch Auction XI, Part II: 28 June 2020, 2pm


Auction Viewing


Asia: 20 - 27  May 

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


Europe: 24 - 28  June 

Location: Hôtel La Réserve, Bellevue, Geneva



Link to the images of highlights: GWAXI





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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