Christie’s Hong Kong Watches Spring AuctionsRealised a Combined Sale Total of HK$299,004,780/ US$38,269,921Higest Ever Sale Total for the Category at Christie's Asia
21 World Auction Records for References Across Both Sales
Including Patek Philippe References: 5002R, 605HU, 5976/1G , 5016P-018, 5275P,
and Exceptionally Rare Models of F.P. Journe, A. Lange & Söhne, and Cartier
The Champion Collection Part III: The Artistry of Complications 100% Sold
Sale Total: HK$156,889,860/ US$20,080,490
161% Hammer Above Low Estimate
Running Total for the Collection’s Auction Series: HK$216,957,870/ US$27,778,222
Important Watches and The Rise of The Independent Watchmakers,
Featuring The Kairos Collection Part II
Sale Total: HK$142,114,923/ US$18,189,431
94% Sold by Lot | 120% Hammer above Low Estimate
The Kairos Collection 100% Sold
Sale Total: HK$25,552,800/ US$3,270,528
Running Total for the Collection’s Auction Series: HK$62,404,302/ US$7,989,941
Hong Kong – On 24 May, Christie’s Watches held two live auctions, including the white-glove sale of “The Champion Collection Part III: The Artistry of Complications”, and “Important Watches and The Rise of The Independent Watchmakers, Featuring The Kairos Collection Part II”, realising a historic sale total of HK$299,004,780/ US$38,269,921 and 139% hammer above low estimate. The sales saw strong global participation from 20 countries across 4 continents.
Sale Highlights of “The Champion Collection Part III: The Artistry of Complications”:
All lots in this sale found buyers, with almost 1/3 of lots sold above high estimates.
12 world auction records for the references were set in the sale, including Patek Philippe Ref. 5002R, 5016P-018, 5275P, 5074J, 5271/11P-001, 5971P, 5020J-016, 5071G, 5059G-018, 5976/1G, 5167/300 G-010, 5167A-010.
Patek Philippe horological treasures sparked fierce competition, with a wide variety of lots sold multiple times above estimates, including:
Limited edition and rare timepieces by other celebrated brands including Greubel Forsey, Vacheron Constantin, and Audemars Piguet also achieved outstanding prices:
Sale Highlights of “Important Watches and The Rise of The Independent Watchmakers, Featuring The Kairos Collection Part II”:
42% of lots sold above high estimates, with 9 world auction records for the references established, including Patek Philippe Ref. 605HU, 1415; F.P. Journe NO. 01/10-T10, Sonnerie Souveraine Model; A. Lange & Söhne Ref. 405.836, 310.836, 320.836; Cartier – a platinum and diamond-set limited edition Crash Model, and a rare 18K white gold and diamond-set limited edition Crash Model made for the re-opening of the Paris boutique.
In addition to the top lot of this sale, Lot 2443 - Patek Philippe 605 Heures Universelles, other top-performing extraordinary timepieces include:
