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My hunch is that the shift towards living independents will be with us for many years, which will have a transformative effect on the top end of the market.
Auctioneer had given the 1957 Speedmaster CK2915-1 a pre-auction estimate of CHF 80,000 to 120,000.
Christie’s hopes it has the ultimate grail edition of Rolex Deep Sea Special, watch No.1, which was attached to the hull of Auguste Piccard’s bathyscaphe Trieste for the inaugural deep-sea trial to a depth of 3,150 meters in the Mediterranean on 30 September 1953.
Private collector's treasured timepieces expected to generate sales in the millions of dollars at November's Phillips in Association with Bacs & Russo's The Geneva Watch Auction: XIV.
Auctioneer also celebrates opening of its new headquarters in New York.
Phillips has raised over $80,000 for the Horological Society of New York.
Cartier Octagonal sells for $170,000 in the same month a Cartier Pebble hammered for $450,000 in Geneva.
Two Grand Seiko watches smash their pre-sale estimates and set a new platform for future price growth at Phillips Geneva Watch Auction XIII.
If 2020 was about auctioneers selling more watches at lower prices through online auctions, 2021 is shaping up to be a year of record-breaking prices for the most prestigious pieces.
Transparency of digital marketplaces like eBay is driving up trust and confidence in an increasingly sophisticated online auction industry for luxury watches.