A pocket watch George Daniels anniversary pocket watch, considered by many as the father of independent watchmaking, was sold for $2,391,444 setting a world record for the model. It was auctioned by Phillips in Association with Bacs & Russo as part of the Geneva Watch Auction: Nine.
Held over two days, the Geneva Watch Auction: Nine surpassed its pre-sale high estimate, with many of the 216 lots flying well above their high estimates, including several record-breaking watches. With clients joining the auction from 73 countries around the world, Phillips saw record participation for any watch auction in company history. Almost 1,000 online bidders registered online, and almost 900 watch enthusiasts gathered in the saleroom over the two days.
Dominating the top ten, three world records were achieved for Rolex watches, including an unprecedented result for a Submariner reference 5508 ‘Small Crown’ (lot 213) that was fresh-to-the-market, realising $ 494,100, more than doubling its pre-sale high estimate and establishing a new world record for any ‘Small Crown’ Submariner. This timepiece’s elder sister model, a fresh-to-the-market Rolex reference 6200 “Big Crown” (lot 220) hailing from the original owner’s family and making its auction debut fetched $ 588,967. The superbly preserved Rolex reference 8171 ‘Padellone’ (lot 68) realised $ 968,436, setting a new world record for the reference in yellow gold.
Other remarkable results were achieved for Patek Philippe, including a very rare platinum reference 5208P (lot 126) produced in extremely small numbers since 2011 that sold for $ 802,418, and a reference 1436 split-seconds chronograph in pink gold (lot 167) that realised$529,675 proving the strong market demand for both contemporary and vintage timepieces from the Manufacturer. The “Don Pancho” – a spectacular and unique Vacheron Constantin minute repeater with day and retrograde date delivered in 1940 $ 731,269, a new world record for any vintage Vacheron Constantin wristwatch sold at auction.
Watches with celebrity provenance included the historically important Rolex reference 16528 stamped 16500 (lot 23) offered by Formula 1 Legend Ayrton Senna as a gift to his mentor, manager and friend Angelo Parrilla, realising $160,582. A fabulous jewel-wristwatch by Patek Philippe reference 4321-2 from award-winning actress Catherine Deneuve’s collection (lot 201) realised $34,587.
The probably unique Eberhard Longines A7 reference 3592 retailed by Eberhard Milano (lot 209), an unusual and very well-preserved chronograph Pilot’s wristwatch in stainless steel, fetched$247,050, whilst a Zenith El Primero ref. A382 (lot 172) achieved $39,528– both setting world record prices for these models.
There were lengthy bidding wars between watch collectors in the room, fighting for timepieces by MB&F, Breitling, Zenith, F.-P. Journe, Voutilainen and Habring 2.