Rexhep Rexhepi wakes up the watch auctions

Rexhep Rexhepi wakes up the watch auctions
Rexhep Rexhepi wakes up the watch auctions

Published on May 15, 2024 at 11:16.

The Geneva watch sales season ended on Tuesday a day late due to computer attacks against Christie’s, which postponed its sale for a day. A hazard whose consequences risk spilling over into the entire sector, which is very sensitive to business secrecy. On the sale itself, it is impossible to measure a particular effect when the trend was not very promising in any case.

Auction houses were clearly apprehensive about the exercise, attempting to diversify risks with catalogs that were even more heterogeneous than usual. Of the four houses that have held events since last Saturday (Antiquorum, Sotheby’s, Christie’s and Phillips), Phillips came out on top, with a total of 35.9 million francs and five watches sold over a million francs. . In comparison, the Antiquorum house only made 14.7 million francs, but achieved the feat of accumulating 5 million from two exceptional lots signed Patek Philippe.

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