A few minutes ago in Geneva, during Christie's Important Watches Auction, two highly collectible stainless steel Tudor references —Lot 247 and 248— sold way above their estimates. The first one, a Tudor Oyster Prince Submariner, ref. 7924, circa 1958 fitted with the automatic calibre 390 and red pointer bezel insert sold for $35,606 USD.
The second one, a Tudor Oysterdate Chronograph Monte Carlo ref. 7149/0 circa 1972 with box and papers selling for $22,788 USD.
Interestingly enough, the estimates for both watches were originally set between $7,976 - $10,255 USD. While the Submariner sold almost three times higher, the Monte Carlo doubled the high estimate initially set by Christie's. It is important to mention that the price realized is hammer price plus buyer’s premium.
Are these watches setting new pricing trends for vintage Tudor timepieces or is it just the uncontrollable frenzy of some watch collectors in the room that need to have it all?
For more info on Christie's click here.