NEW YORK, NY.- Christie’s kicked off Luxury Week on 9 June with Important Watches Featuring Stories in Time: A Collection of Exceptional Watches. The sale saw exceptional results, realizing $11 Million and selling 97% by lot, showcasing strength across all levels. The top lot, which was sold to an online buyer, was a signed Patek Philippe, Perpetual Calendar Minute Repeater Ref. 3974R, which achieved $1.2 Million. The sale saw vibrant participation, with bidders and buyers in the room, on the phones, and online. Clients came globally, with 46% of the bids coming from Americas, 26% from Asia Pacific and 28% from EMEA. Strong demand was seen for high-quality vintage timepieces with exceptional provenance as well as creations by independent watchmakers, including FP Journe and Greubel Forsey.

Additional top lots include a F.P. Journe Octa Calendrier 'Black Label' which achieved three times its low estimate, totaling $453,600, a Richard Mille Tourbillon RM74-02, which made $378,000, and a Greubel Forsey Double Tourbillon 30° Edition Historique from Stories in Time: A Collection of Exceptional Watches which realized $390,600.

Rebecca Ross, Head of Sale, Christie’s New York says: "We are thrilled with the results of today’s live auction. The outcome underscores the continued strength of the market for exceptional timepieces across an array of styles, eras, and manufacturers. We were especially excited to see spirited bidding and an outstanding result for one of the most important watches ever produced in series by Patek Philippe—the exceptional Ref. 3974R in pink gold—which eventually sold to an online bidder for a grand total of $1.2 million.”

Throughout the sale, impressive results were also achieved for bracelet watches, led by important designs such as a 1970 Bulgari Serpenti Scaglie Ref. 7728, which sold for $277,200—nearly four times its low estimate of $70,000. Additional highlights included a Patek Philippe Gold & Diamond Bracelet Watch Ref. 2136-1, which achieved $52,920, also four times its low estimate, and a Franck Muller Master Banker Rosé No. 1⁄5 Bracelet Watch, formerly the property of Elizabeth Taylor, which sold for $81,900—more than ten times its high estimate.