Christie’s Watches Online: Dubai EditTotals $5,592,000 / £4,304,850 / €4,752,554 / AED20,327,501Largest Online Watches sale ever held at Christie’sRecord price achieved for a Watch sold online at Christie’s45% of registered bidders in the auction were new to Christie’s
Watches Online: Dubai Edit |15 – 29 October 2020Auction Total: $5,592,000 / £4,304,850 / €4,752,554 / AED20,327,501
Christie’s Watches Online: Dubai Edit totalled $5,592,000 / £4,304,850 / €4,752,554 / AED20,327,501, achieving 84% by lot and 100% by value. The auction, which was the largest online Watches sale ever hosted by Christie’s, saw global participation with registered bidders from 38 countries, across 5 continents. 45% of registrants in the auction were new to Christie’s. Of the top 10 lots sold in the auction, half were acquired by collectors from the Middle East, with the remaining going to the international Watch community. The leading watch of the sale was a Rolex, Steel Submariner “MILSUB”, Ref. 5513/17- made for the British Royal Navy, which sold for $400,000 / £307,929 / €339,954 / AED1,454,042, establishing a record price for a Watch sold online at Christie’s.
Further highlights of the sale included a Rolex, Gold and Diamonds Day-Date with Yellow Stella Dial, Ref. 1802, which realised $237,500 / £182,833 / €201,848 / AED863,337, a Patek Philippe, Platinum and Diamonds Perpetual Calendar Chronograph, Ref. 5271P-011, which achieved $200,000 / £153,965 / €169,977 / AED727,021; and a Patek Philippe, Gold, Diamonds, Pearl and Ruby-Set Skeletonized Keyless Watch, Ref. 912, which sold for $118,750 / £91,416 / €100,924/ AED431,669, against an estimate of $35,000-50,000.For the full results of the sale, please click here.