In 2011, Christie's international auction sales in Geneva, Hong Kong and New York of important watches surpassed the US$ 100 million barrier for the first time and achieved an unprecedented total of more than US$116.3 million, reconfirming the firm’s global supremacy for this category for the 5th year in a row. Underlined by consistent selling rates of over 90% achieved at each Christie's watch sale this year, such an outstanding result is a consequence of the fierce competition generated by a growing number of collectors coming from the Eastern and Western hemispheres. No less than 1,000 bidders from 40 or more different countries participated at every Christie's watch sale in 2011, demonstrating how this category knows no bounds.
Today’s watch market has never been so international, nor has it seen such high levels of scholarship and demand, and Christie's leads it at every level, especially when it comes to vintage collector’s wristwatches manufactured by the most renowned manufacturers. Throughout the year, Christie's Watch Specialists scouted and offered the finest and most important watches, mostly fresh to the market, perfectly presented and realistically estimated, and the reaction of the watch community was enthusiastic.
If you would like to receive a complimentary and confidential valuation of your watch or to discuss consignment to a forthcoming sale, please contact a specialist in your area as listed below or request an Auction Estimate online.