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Alexandre Ghotbi on Geneva Watch Auction: NINE

Alexandre Ghotbi, head of sale, presents five highlights offered in The Geneva Watch Auction: NINE.

News and Results

12

Press Release: 12 July 2019

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18

Press Release: 18 June 2019

A Thematic Auction Dedicated to Collectible Timepieces Bearing the Most Famous Names in Watch Retail

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3

Press Release: 3 June 2019

Phillips Perpetual, the recently launched initiative of the auction house’s Watches Department, is pleased to announce an upcoming private selling exhibition in Canada. Phillips’ team of specialists will be on site at The Ritz-Carlton Montréal from 7-9 June, where they will offer the public an impressive selection of vintage and modern timepieces in celebration of the Formula One race weekend.

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The Watches Department

Phillips in Association with Bacs & Russo is the watch department at Phillips auction house, dedicated exclusively to the world's finest collectors' watches. Launched in November 2014 by Aurel Bacs and his partner, Livia Russo, the department was established in response to the ever-increasing need for today's collectors to easily access scholarship, guidance and quality across the board. The team of specialists at Phillips Watches is dedicated to an uncompromised approach to quality, transparency and client service, and, as a result, in just two years since launching achieved market leadership with sales of over $106 million in 2016.

With multiple world records, including for a wristwatch, Patek Philippe wristwatch, Rolex and Omega at auction, Phillips has become the undisputed worldwide market leader. Below are a selection of recent record-breaking prices.

1. Rolex reference 6239, Paul Newman's "Paul Newman" Rolex Daytona – WINNING ICONS – 26 October 2017 (US $17,752,500). Highest result ever achieved for a wristwatch at auction.

2. Patek Philippe reference 1518 in stainless steel – Geneva Watch Auction FOUR – 12 November 2016 (11,002,000 CHF / US $11,000,000). Highest result ever achieved for a Patek Phillipe wristwatch at auction.

3. Rolex "Bao Dai" reference 6062 (5,066,000 CHF / US $5,060,427) – The Geneva Watch Auction: FIVE – 14 May 2017.

4. Rolex "The Legend" reference 6263 (3,722,000 CHF / US $3,857,000) – The Geneva Watch Auction: FIVE – 14 May 2017.

5. Patek Philippe reference 2499 (19,720,000 HKD / US $2,538,000) – Hong Kong Watch Auction: TWO – 31 May 2016. Highest result ever achieved for any wristwatch sold at auction in Asia.

6.  Omega "Tourbillon 30 I" prototype (1,428,500 CHF) – The Geneva Watch Auction: SIX – 12 November 2017. Highest result ever achieved for an Omega at auction.

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