This weekend November 3 and 4, 2023 in Geneva, Switzerland, Phillips in Association with Bacs & Russo brought in CHF39,055,706 —$43,074,538 USD— in The Geneva Watch Auction: XVIII, doubling the pre-sale low estimate of CHF 19 million. The auction, held on Friday, November 3, and Saturday, November 4, saw watch aficionados participating from across 66 countries. The atmosphere in the saleroom at La Réserve Hotel was electric and brimming with enthusiasm, as over 650 collectors attended in person and over 1,500 bidders competed online on Phillips.com, ultimately securing half of the lots offered.
Posts filed under Phillips
From the Editor: The Phillips Royal Oak 50th Auction Taking Place Tomorrow. My Thoughts.
I was lucky to be the first journalist to peruse in person and photograph the majority of the lots part of the Phillips Watches Royal Oak 50th auction at the end of March. You can see all my pictures here. Tomorrow May 6th, the Royal Oak 50th auctionwill take place at the Hôtel La Réserve in Geneva, Switzerland. I think that not only this auction will continue to bring attention to the Royal Oak for years to come, but it will also establish some interesting world records for the Audemars Piguet Royal Oak.
From the Editor: The Incredible AP Royal Oaks I Just Saw at the Phillips Royal Oak 50th Auction
This past Wednesday, March 23, 2022, I went to New York City to peruse and photograph the Royal Oaks that are part of the Phillips Watches Royal Oak 50th auction that will take place at the Hôtel La Réserve in Geneva, Switzerland on May 6, 2022. This sale will feature several historically important watches including case No. 2 of the original Royal Oak ‘Jumbo’ reference 5402ST as well as Karl Lagerfeld’s PVD coated Royal Oak ‘Jumbo’ ref. 5402ST.
News: Phillips Watches Sells $30 Million USD at Their Hong Kong Auction XIII
Phillips continues to break watch auction records and set new benchmarks for watches sold at auction. Following their very impressive sale in Geneva which achieved the highest ever sale total for a watch auction in history, Phillips realized over HK$231 million/ $30 million USD at their Hong Kong Watch Auction XIII. Selling for more than 43% of its pre-sale high estimate…
From the Editor: Phillips Geneva Watch Auction XIV Sets a Record for the Highest Ever Watch Sale Achieving Almost $75 Million USD
Last week while I was attending the GPHG 2021 as part of the jury and on my way back from visiting the new Audemars Piguet Musée Atelier in Le Brassus —special feature about it to follow—, I decided to stop by the La Réserve Genève Hotel to preview some of the lots that were offered by Phillips for their Geneva Watch Auction: XIV. Honestly, I have never seen so many incredible watches under one tent and I took some candid shots of some of them for your viewing pleasure.
News: Phillips Watches to Auction a Complete Set of Five F.P. Journe 'Souscription' Watches (Number 1 in Each Series) at The Geneva Watch Auction XIV
Phillips in Association with Bacs & Russo is immensely proud to announce, for the first time on the market, not only a complete set of F.P. Journe ‘Souscription’ watches but more importantly the number 1 in each series, to be offered at auction in The Geneva Watch Auction: XIV in November 2021. In 1999, after years of restoring antique clocks and watches as well as making unique commission pieces for discerning collectors, François-Paul Journe set out to create his eponymous brand.
Watch Auctions: Patek Philippe ref. 570 'Calatravone', a Nautilus ref. 5711P and Four Different Series 2499s Sell for $10.6 Million USD at the Phillips GWA XIII
This past weekend May 8-9th, 2021 in Genève, Switzerland, Phillips Watches delivered —yet again— some incredible results at their Geneva Watch Auction XIII where six Patek Philippe watches within a total of 236 lots, fetched over $10.6 Million USD. A Patek Philippe ref. 570 'Calatravone', a Nautilus ref. 5711 in Platinum and Four Different 2499s all collectively broke the $10 million USD mark in another very exciting auction under the reigns of Aurel Bacs, who we like to call ‘King Midas’.
News: Phillips Watches to Sell All Four Series of the Patek Philippe ref. 2499 and an Elusive ref. 3974R
Following its most successful year ever, with a market-leading annual auction total of over US$133 million, Phillips Watches in Association with Bacs & Russo is delighted to announce five extraordinary Patek Philippe wristwatches for this year’s Spring auction season. The full set of Patek Philippe perpetual calendar chronograph reference 2499 series comes from a prestigious single-owner collection that took almost 20 years of dedication to put together, will lead The Geneva Watch Auction XIII, including an ultra-rare 2nd series in pink gold.
News: Phillips Watches Achieves Over 30 Million Swiss Francs in The Geneva Watch Auction XI
Phillips in Association with Bacs & Russo achieves over CHF 30 million in the Geneva Watch Auction XI with 100% of lots sold and a record number of 2,000 online bidders. New world records at auction include a Patek Philippe Reference 1518 from 1948 in pink gold with pink dial selling for CHF 3.4 million Swiss Francs—$3.6 million USD— and two extremely rare F.P. Journe watches, a Tourbillon Souverain and a Resonance both from his original “Souscription” Series achieving a combined total of CHF 2.4 million Swiss Francs.
News: Phillips Watches GWA 11 Features an Unknown Patek Pocket Watch ref. 605 HU and Four Patek Philippe Watches from Mr. Jean-Claude Biver's Collection
Phillips in Association with Bacs & Russo presents additional highlights from The Geneva Watch Auction Eleven, following the earlier announcement of four extraordinary Patek Philippe watches from the private collection of Mr. Jean-Claude Biver to be included in the sale. Taking place at Hôtel La Réserve, Geneva on June 27 and 28, 2020, the double-evening sale will feature over 200 lots including important timepieces that are exceptional in terms of provenance, aesthetics, condition, and rarity
News: Cory Richards' Overseas Dual Time Prototype Sells for $106,260 USD at Phillips Watches Game Changers Auction
The Vacheron Constantin Cory Richards’ Overseas Prototype was auctioned at Phillips Watches last night December 10th in New York City as part of the Phillips’ Game Changers auction. The Phillips Game Changers auction was dedicated to watches owned by extraordinary people who are considered “game changers” in their fields. Along with Cory Richards’ watch, other important watches were offered for sale including Jack Nicklaus’ Rolex Day-Date as well as Marlon Brando’s Rolex GMT Master.
News: Marlon Brando's Rolex GMT Master Featured in 'Apocalypse Now' to be Auctioned by Phillips Watches
Phillips in Association with Bacs & Russo, the leading auction house for collectors’ timepieces of the highest quality, is pleased to announce the theme of its next New York Auction. Taking place on December 10th, 2019, the Game Changers Auction will be a tightly curated thematic auction dedicated to watches owned by extraordinary people who are considered “game changers” in their fields. The evening sale will also include iconic collectors’ models from leading brands that have changed the course of watchmaking and watch collecting, alongside other important timepieces that are outliers in terms of provenance, aesthetics, condition, and rarity.
News: Phillips Watches Sells Over $25 Million USD at Their Geneva Watch Auction NINE. New Record for a George Daniels Watch and Rolex Submariner ref. 5508.
In another record-breaking sale this past weekend May 11-12, 2019 at the Hôtel La Réserve in Geneva, Switzerland, Phillips Watches, the leader in watch auctions achieved $25,800,625 USD after selling 98% of the 220 lots offered at auction. Just as usual, new records were set for Patek Philippe, Rolex, and independent brands like George Daniels. Even though most of the lots were very important from a horological standpoint, there five to six watches that broke records and that are considered highly important due to their rarity and history in the world of horology.
News: Phillips Watches Sells Over $21 Million USD at Their Geneva Watch Auction EIGHT. The Impressive Results of 16 Very Important Lots Are Here.
In another record-breaking sale this past weekend at the Hôtel La Réserve in Geneva, Switzerland, Phillips Watches, the leader in watch auctions achieved $21,250,815 USD after selling 99% of their 226 lots offered at auction. Just as usual, new records were set for Patek Philippe, Rolex, Audemars Piguet and independent brands like F.P. Journe. Even though most of the lots were very important from a horological standpoint, there are sixteen watches that broke records and that are considered highly important due to their rarity and history in the world of horology.
News: Paul Newman's Very Own Rolex 'Paul Newman' Daytona ref. 6239 Sells for $17.7 Million USD at the Phillips Watches Auction in New York.
With an estimate in excess of one million USD, Paul Newman’s very own Rolex 'Paul Newman' Daytona sold today at the Phillips’ Inaugural New York Watch Auction 'Winning Icons' for $15.5 Million USD plus buyers fees totaling $17,752,500 USD.
Experience: Our Live Pics of Paul Newman's Very Own Rolex 'Paul Newman' Daytona ref. 6239 to be Sold Today October 26 at the Phillips 'WINNING ICONS' Auction.
With an estimate in excess of one million USD, but in our guess a watch that will probably fetch money in excess of $10 million USD, Paul Newman’s very own Rolex 'Paul Newman' Daytona will be sold today at the Phillips’ Inaugural New York Watch Auction 'Winning Icons'. As we will be reporting live straight from the auction, this inaugural auction named 'WINNING ICONS: Legendary Watches of the 20th Century' will be dedicated to the most iconic collectors watches of the last century including this very special watch with a cult following.
Rare Bird: Rolex Triple Calendar ref. 6062 in Stainless Steel with Moonphases and Two-Tone Dial. A $2 Million USD Watch that is a True Watch Collectors Dream.
Last month we had the pleasure of perusing this rare bird. The Rolex Triple Calendar ref. 6062 from 1953 that sold at the Phillips Watches Geneva Watch Auction FIVE for almsot $2 Million USD is one of the most expensive 6062s ever sold at auction. With the interior of its case back stamped III.53, this Rolex ref. 6062 measures 36 mm in diameter and is fitted with a stainless steel case and a two-tone dial.
News: Paul Newman's Very Own Rolex 'Paul Newman' Daytona ref. 6239 to be Sold at the Phillips Inaugural New York Watch Auction
With an estimate in excess of one million US dollars, Paul Newman’s very own Rolex 'Paul Newman' Daytona will be offered at the Phillips’ Inaugural New York Watch Auction on October 26th, 2017. This inaugural auction named 'WINNING ICONS: Legendary Watches of the 20th Century' will be dedicated to the most iconic collectors watches of the last century. A historic event in its own right, WINNING ICONS will offer what is without a doubt amongst the most important Rolex watches to ever be offered on the market including the singular, one and only Rolex 'Paul Newman' Cosmograph Daytona ref. 6239 owned and worn by none other than Paul Newman.
Rolex Triple Calendar ref. 6062 'Bao Dai' Sells for $5.1 Million USD. The Most Expensive Rolex Ever Sold at Auction.
Last Sunday May 14th, 2017, this Rolex Triple Calendar ref. 6062 a.k.a 'Bao Dai' from 1952 sold at the Phillips Watches Geneva Watch Auction FIVE for $5.1 Million USD making it the most expensive Rolex ever sold at auction. But what makes this watch so valuable and special? Well, it is all about its provenance. Following the Indochina war in 1954, the world powers meet in Switzerland to negotiate with the Viet Minh on the future of Vietnam.
Insider: Audemars Piguet Royal Oak Two-Tone Sells for $41,000 USD at the Phillips Geneva Watch Auction FOUR to Set a Record for Two-Tone Royal Oaks.
Setting a new high for any Audemars Piguet Royal Oak Two-Tone sold at auction, yesterday Sunday November 13, 2016, a highly attractive Audemars Piguet Royal Oak Two-Tone —18K yellow gold and stainless steel— reference 25402SA sold for $41,000 USD —including buyer's premium— at the Phillips Geneva Watch Auction FOUR.
