Hong Kong Auction – 27th October, 2018
NEW WORLD RECORDS
Rolex, Geneva, Oyster Perpetual, Submariner 200/600, Reference 6538, made in 1956. Stainless steel diving self-winding wristwatch, so-called “Cherry Bond”
Sold with premium: HK$ 2 920 000.- (~ US$ 371 975.-)
Vacheron Constantin, Geneva, Lord Kalla, made in 1987. 18K yellow gold wristwatch entirely set with 293 emerald-cut diamonds
Sold with premium: HK$ 1 840 000.- (~ US$ 233 395.-)
AUCTION AT A GLANCE
Worldwide buyer’s repartition
Hong Kong 32,5 %
Asia 13 %
Europe 18 %
Rest of the World 36,5 %
Bidding System Turnover
Phone 39%
Room 38%
Written 12%
Online 11%
The percentage of contemporary wristwatches sold at high price is incredible given the very competitive environment and the very broad offer of this market segment.
Watch lovers are still enthusiastic about sport wristwatches.
Amateurs of vintage wristwatches are always present.
The connoisseurs and collectors of antique watchmaking also remain active, some still marking their preferences for the great watchmaking manufactories such as Patek Philippe, Audemars Piguet and Vacheron Constantin.