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Discovering Rolexes and Millennials At The Christie’s 2022 Rare Watches Auction

Christie’s auction titled ‘Rare Watches: That comprises The Kairos Sequence’ showcased a series of rare Rolexes, three Daytonas and up to date Patek Philippe’s closed with a filled with CHF 23,840,700. The auction took location at the Four Seasons Hotel des Bergues in Geneva and modified into a hotspot for Rolex watches. 

The auction put of dwelling 16 new world-recordsdata and likewise marked the entry of the millennials into the gaze auction market. How modified into this done? With 51 p.c of the brand new registrants belonging to the millennials, the ‘Rare Watches: That comprises The Kairos Sequence’ user putrid points to the ever-growing interest of a unusual generation of gaze followers who are indisputably willing to enter the gaze market. The auction also noticed a solid international participation of registrants from 46 international locations in some unspecified time in the future of six continents. 

 Christie’s Rare Watches: Featuring The Kairos Collection

Referring to the Rare Watches: That comprises The Kairos Sequence Auction:

The finely curated Rare Watches auction equipped a series of essentially the most coveted timepieces by Rolex, Patek Philippe, Audemars Piguet and extra. The list also featured just a few of essentially the most moving and rarest examples of the iconic Daytona chronograph with Paul Newman dials etc. Other than the usuals, the Geneva sale also housed icons from varied other brands love the iconic Cartier Break London. 

Sale Highlights:

  • The Rolex Daytona Ref 6269 ‘Jack of Diamonds” modified into estimated at CHF CHF 1,100,000 nonetheless sold for CHF 1.614 million.

Christie’s Rare Watches: Featuring The Kairos Collection

  • The Paul Newman Tropical Lemon Daytona Ref. 6264 modified into estimated at CHF 900,000 nonetheless sold for a unprecedented CHF 1.254 million.

Alt Text: Christie’s Rare Watches: Featuring The Kairos Collection

  • The Rolex Daytona ref. 6241 ‘Champagne Paul Newman dial’ the property of a crucial deepest collector modified into estimated at CHF 700,000 nonetheless sold for CHF 1,071,000. 

Christie’s Rare Watches: Featuring The Kairos Collection

  • The Rolex Oyster perpetual ‘turquoise blue’ dial 41mm modified into estimated at CHF 6,000 nonetheless sold for CHF 69,300.

Christie’s Rare Watches: Featuring The Kairos Collection

  • The Rolex Daytona with green chrysoprase dial modified into estimated at CHF 50,000 nonetheless sold at CHF 201,600. 

 Christie’s Rare Watches: Featuring The Kairos Collection

“Rolex continues to reach new heights of desirability! And doubtlessly also thanks to a pool of new and young bidders and patrons from around the enviornment. 51% of new bidders bask in been millennials, showing that the market continues to talk in confidence bidders who bask in never old to stepped into an auction room to bewitch watches. 16 world recordsdata bask in been broken, with Daytonas final the ‘Queens’ of the game. A selected record modified into the success of the Rolex Daytona Trilogy, placing Geneva at the center of all issues Rolex. Cartier also showed a indisputably solid desirability, with iconic devices love the Break reaching 819’000 CHF. The Christie’s gaze workers in Geneva continues to elevate the bar with a sale that is 100% sold and is amazingly proud to make a contribution to a glorious new year that has most moving lovely begun!” said Rémi Guillemin, Head of Watches, Christie’s Geneva. 

Other Highlight:

  • The Patek Philippe “Cathedral” minute repeating perpetual calendar ref. 5074r-001 retailed by Tiffany & co. and roperty from the Kairos Sequence modified into estimated at CHF 330,000 nonetheless sold at CHF 957,600.

Alt Text: Christie’s Rare Watches: Featuring The Kairos Collection

  • The Cartier London ‘Break’ 1990 modified into estimated at CHF 180,000 nonetheless sold at CHF 819,000 

Christie’s Rare Watches: Featuring The Kairos Collection

For additional recordsdata, talk to the Christie’s internet situation right here

Image Courtesy: Christie’s

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