At year end, Phillips in Association with Bacs & Russo achieved an unprecedented $ 44 million in a momentous sale on their Park Avenue premises last weekend. In an overall soft collector’s market, this extraordinary result was driven by high end timepieces, created by key figures of the independent movement. 16 FP Journe and 2 Philippe Dufour lots accounted for 67% of the overall result alone, in a catalog made up of 147 lots in total. Here’s the story! After an intense 11-mi
Compared to the latest export figures for Swiss watches, there was decidedly more positive to report from the collector’s market of late. The overall sell through of the over 1.400 hundred lots between Monaco and Geneva was strong with 95% of lots sold and there were some remarkable results including new world’s records. Already in October, Monaco Legend Group (MLG) confirmed the highest ever price for an automatic Rolex with calendar and phases of the moon set by the famous
After some intense bidding in Monaco, the fairs’ moving on to Geneva this coming weekend. It has been 10 years then, since the memorable day that Aurel Bacs started swinging the hammer for Phillips instead of Christies’. Few of us who managed to fetch a seat back then will forget the event. From today’s perspective, it feels like the turn of a new era. Many things have changed since and it is no exaggeration to say that the curated catalogs of Phillips in Association with Ba
I did not regret a second traveling to Monaco for the October sale of classic timepieces. Already getting off the flight, the air was mild and smelled like spring. No work for the day, but rather viewing of some of the most beautiful timepieces ever! Of course, the event is also where people meet. The travel day was one of the rare occasions when everything seems to fall into place without effort, including the clean Uber into Monaco and the high-up hotel room that was all s
After many Patek Philippes in the first part, this piece will focus on Rolex and Cartier, the other two Brands with a strong presence in the catalogue of Monaco Legend Groups' fall auction. There are again some remarkable examples to talk about. To me, ‚Pre-Daytona‘ sounds a bit as if there had been no interesting Rolex Chronographs before the Daytona. Lot 175 and 183 prove the opposite. 183 is an early ‘Rolex Oyster’ Chronograph from 1938 with screw down case back and crown.
