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Sale total above $21.8M.

Almost 800 registrants bidding int the room, on the telephones and online.

Far exceeding its pre-sale estimate, Christie's Geneva sale of Important Watches including a Connoisseur’s Vision Part III totaled SFr.21,595,200/ $21,832,747. The top lot was a completely fresh to the market Patek Philippe 18K pink gold wristwatch with blue enamel dial, retailed by Gobbi, Milan, ref. 2523, manufactured in 1953 which sold to an Asian collector for SFr.2,675,000 / $2,704,425 against an estimate of SFr. 1,500,000-2,500,000.

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Aurel Bacs, International Head of Christie's Watch Department : “Once again Christie's Watch Team orchestrated a blockbuster sale during the Geneva auction week outperforming expectations, achieving numerous records and selling nearly 97% by value for a total of more than $21.8 million. Ten different buyers coming from three different continents purchased the top ten lots and reaffirmed how the watch collector arena is truly international. Almost 800 watch lovers registered from all over the world and the participation of Asian collectors was very consistent, showing how fully integrated they are to the international market. A group of vintage Patek Philippe wristwatches from a Connoisseur’s Vision Part III realized an important combined total of $3.1 million adding up, together with part I and part II, to a new grand total of some $19 million and reaffirming that this is the most valuable private collection of wristwatches ever offered at auction. I was also thrilled with the enthusiastic bidding for the L.U.C Louis Ulysse - The Tribute model, the n.1 example of the limited edition of fine watches developed and offered by Chopard for the benefit of the Geneva Watch-Making School”.