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Christie's Watches Online: The New York Edition achieves $2.37 million


Christie s Watches Online: The New York Edition achieves $2.37 million
Andy Warhol’s Patek Philippe Calatrava, reference 570, 18K yellow gold. Price realized: $150,000. © Christie s Images Ltd 2021.
NEW YORK, NY
.-Christie’s Watches Online: The New York Edition (8 – 22 June) achieved a total of $2,372,125 with 82% sold by lot, 100% sold by value, and 112% hammer above low estimate. There was global participation with bidders from 30 countries and over 33% new registrants.
Leading the sale were contemporary Patek references featuring the celebrated combination of perpetual calendar and chronograph complications, including a reference 3990EP in platinum set with diamonds that realized $200,000; and a reference 5970J in yellow gold, which sold for $175,000. Also highlighting the auction was the Patek Philippe Calatrava, ref 570, 18k yellow gold wristwatch, retailed by Hausmann & Co, and owned by the pop art icon and watch collector Andy Warhol, which sold for o ....

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Christie's luxury market report


Christie s luxury market report
The Most Expensive Handbag Sold at Auction: A Rare, Matte White Himalaya Niloticus Crocodile Retourné Kelly 25 with Palladium Hardware Hermès, 2019 Grade: 1. Price Realized (USD$) 437,555. © Christie s Images Ltd 2020.
NEW YORK
.- • There has been an accelerated shift to online sales with a 41% increase in luxury lots sold in online auctions; 82% increase in the number of luxury online sales, and a 205% increase in the value of online luxury sales YoY.
• Performance has been strong across all categories with an 87% overall sell-through for the portfolio; 136 records were set and 53 lots achieved over $1million. The year included multiple white-glove sales with 100% sell-throughs including A Wonderful Domaine de la Romanée-Conti Collection (December 5, Hong Kong); and Handbags Online: The London Edition (June 25, London). ....

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Christie's Rare Watches New York totals $7.7m, setting an online record for watches at Christie's


Christie s Rare Watches New York totals $7.7m, setting an online record for watches at Christie s
Patek Philippe. 18k Gold, Perpetual Calendar Chronograph With Moon Phases, Ref. 2499j, Third Series, Circa 1976. Price realized: $512,500. © Christie s Images Ltd 2020.
NEW YORK, NY
.-Christie’s Rare Watches New York: Online (November 24 – December 10) achieved a total of $7,743,375 with 83% sold by lot, 100% sold by value, and 102% hammer above low estimate. There was global participation from 34 countries with 42% new sale registrants.
The top lot of the sale was the magnificent Patek Philippe reference 1463 in pink gold retailed by Serpico Y Laino, which sold for $600,000, establishing the record for the most valuable watch sold in a Christie’s online sale. Three additional auction records were set including the world auction record for a Patek Philippe Nautilus reference 3800, which achieved $312,500; a Cartier “Crash” in yellow gold that sold for $225,000 ....

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