Phillips in association with Bacs & Russo achieved a total of $74,488,836 in the Geneva Watch Auction: XIV (November 5 and 7) – “the highest ever total for a watch sale in auction history,” Rough & Polished reports.
The top 12 lots all surpassed the CHF 1 million mark. The most was achieved by the Philippe Dufour Grande et Petite Sonnerie wristwatch n°1 in yellow gold, which sold for CHF 4.75 million (around $5.15 million) – a new world record price for any Philippe Dufour watch sold at auction as well as any watch made by an independent watchmaker.
Another highlight lot was a 1957 Omega watch. The stainless steel Speedmaster Broad Arrow Ref. 2915-1 sold for $3.4 million – 30 times its high estimate, according to IDEX Online. The watch promptly became the most expensive Omega ever sold at auction.
