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Follow the Rainbow

This extraordinary piece is more than just a ‘Rainbow’ Daytona, it’s the first one Rolex made. Ever.

News and Results

  • 8

    8 December 2024

    THE NEW YORK WATCH AUCTION: XI ACHIEVES $30.3 MILLION, MARKING FOUR YEARS OF 100%-SOLD “WHITE GLOVE” SALES FOR WATCHES IN NEW YORK

    Sale Brings the Annual Total for Phillips Watches in New York to $53.7 Million, the Highest Annual Result Ever for Any Watch Auction Department in the Americas

     

    Extraordinary Online Participation Throughout Sale With 70 Countries Represented,

    69% of Lots and Over 50% of the Total Sale Value Sold Online, Setting a New Record for Any Watch Sold Online in a Phillips New York Sale

     

    $1.2 Million Raised for TimeForArt, with 100% of Proceeds Benefitting Swiss Institute

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  • 24

    24 November 2024

    PHILLIPS IN ASSOCIATION WITH BACS & RUSSO REALISE HK$203 MILLION/ US$26 MILLION IN COMBINED RESULTS FOR TOKI: WATCH AUCTION & THE HONG KONG WATCH AUCTION: XIX

    Combined Total: HK$203,697,840/ US$26,175,173

    Sale Total for The Hong Kong Watch Auction: XIX  HK$141,861,540/ US$18,229,208

    Sale Total for TOKI: Watch Auction HK$61,836,300/ US$7,945,965

     

    2024 Hong Kong Fall Sales (Live + Online) Totaled HK$225 Million/ US$29 Million, Affirming Market Leadership in Asia This Season

     
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  • 11

    11 November 2024

    PHILLIPS PRESENTS THE FULL CATALOGUE FROM THE NEW YORK WATCH AUCTION: XI

    Philippe Dufour’s Magnum Opus—the Grande & Petite Sonnerie—to Headline the Live Auction on 7 & 8 December, Offered Alongside a Landmark Patek Philippe

    Ref. 1518 in Pink Gold and a Possibly Unique F.P.Journe Sonnerie Souverain

     

    Sale to Also Feature 25 Unique Timepieces Made for TimeForArt, A Benefit Auction in Partnership with Swiss Institute, and 6 Watches from the Collection of

    Hodinkee Founder Ben Clymer

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News and Results

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. With multiple world records, Phillips has become the undisputed worldwide market leader, and in 2019, the auction house opened Phillips PERPETUAL, a private treaty program with physical and digital storefronts that offers a highly curated selection of watches sold at fixed prices. In its first year PERPETUAL has achieved more than £5M in sales. 

Notable results include :

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

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

3. Roger Smith, Pocket Watch No. 2 (4,900,000 USD) - The New York Watch Auction : EIGHT – 10 & 11 June. Highest result ever ahcieved by a British made watch. 

4. Rolex "Bao Dai" reference 6062 (5,066,000 CHF) – The Geneva Watch Auction: FIVE – 14 May 2017.

5. Patek Philippe ref. 2523 in pink gold (3,722,000 CHF) – The Geneva Watch Auction: XII – Nov 6-7 2020. Highest result ever achieved for a watch sold to an online bidder

 

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