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Phillips Visits the Studio of Pucci Papaleo

Phillips' Arthur Touchot traveled to Rome to meet up with Pucci Papaleo, renowned watch collector, scholar, author and curator of our Daytona Ultimatum auction to learn about his selection process for this highly anticipated sale.

News and Results

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Press Release: 10 June 2018

Phillips in Association with Bacs & Russo announces the appointment of James Marks as International Specialist.

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Press Release: 3 June 2018

Phillips in Association with Bacs & Russo, the market leader in watch auctions dedicated to highest quality timepieces, is delighted to announce the sale of a historically important and previously unknown Rolex Submariner owned and worn by Steve McQueen. Given by McQueen to his personal stuntman, Loren Janes, as a gift and inscribed on the caseback, “TO LOREN, THE BEST DAMN STUNTMAN IN THE WORLD. STEVE”, it was thought to have been lost in a fire. With its absolutely fascinating provenance – owned until recently by the late Loren Janes himself – and its remarkable tale of survival, the watch comes to auction as the single most important watch associated with Steve McQueen to ever appear publicly.

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Press Release: 28 May 2018

The Hong Kong Watch Auction: SIX achieves HK$124.6, a 17% increase from the previous year, concluding the Spring season of Global Watch Auctions with its highest ever total of over US$61 Million

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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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