Phillips’ Record-Breaking Spring Season of Watches and Jewels Auctions in Geneva Realises a Combined Total of CHF 60 Million / $66.2 Million
The Geneva Watch Auction: XIX Achieved the Highest Watch Auction Total in the Region Across All Auction Houses and The Geneva Jewels Auction: TWO Sold the Highest Value Lot of the Week
GENEVA – 17 MAY 2024 – Phillips is pleased to announce a combined total of CHF 60 million for the week in Geneva. The Geneva Watch Auction: XIX achieved CHF 35.9 million and The Geneva Jewels Auction: TWO realised CHF 23.6 million and both auctions saw several world auction records achieved. These results underscore Phillips strong position among the top three leading auction houses.
At CHF 35.9 million / $39.6 million, Phillips in Association with Bacs & Russo achieved the highest total for a watch auction this week. Among the highlights of the sale:
Following the successful inaugural Geneva Jewels sale in November 2023, The Geneva Jewels Auction: TWO realised CHF 23.6 million / $26 million. This result cements Phillips’ position in the jewellery auction market by not only selling the top lot of the week across all auction houses, but also achieving exceptional results for important gemstones. Highlights of the sale included:
Finally, Phillips’ new auction venue at The President Hotel, a custom built, large, light flooded and modern exhibition room, provided a new client experience in Geneva.
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