A unique George Daniels grand complication pocket watch sold for $2.4 million at this week’s Phillips in Association with Bacs & Russo auction in Geneva.
An Anniversary wristwatch from the same British watchmaker sold for a record $450,866.
Demand for important Rolex models shows no sign of cooling this year, with several references breaking world record prices.
An early Submariner reference 5508 ‘Small Crown’ more than doubled its pre-sale estimate when it went under the hammer at $494,100.
A more modern Rolex reference 6200 “Big Crown” Submariner set another world record when it sold for $588,967, while a Rolex Padellone become the most expensive reference 8171 in yellow gold ever sold when it achieved $968,436.
The top ten most valuable watches at the sale, described by Phillips in Association with Bacs & Russo, were: