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Sotheby’s Geneva Watch Auction Achieves $8.1M in Sales

Patek Philippe Nautilus fetches over $440K as younger buyers drive strong demand

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A recent Sotheby’s watch auction in Geneva brought in CHF 6.7 million ($8.1 million), led by a standout Patek Philippe wristwatch that sold for CHF 368,300 ($442,962). The event, held on May 11, saw 78% of the lots sold, many achieving prices at or above their presale estimates.

The top-performing piece was a Patek Philippe Nautilus automatic wristwatch in stainless steel, featuring diamonds, which sold within its expected range. Other notable sales included a Patek Philippe Aquanaut Travel Time in white gold that went for CHF 336,550 ($404,755), and a 1971 Patek Philippe perpetual calendar watch with moon phases that fetched CHF 330,200 ($397,138).

Sotheby’s also reported strong results for a Rolex Daytona “Paul Newman” stainless steel chronograph from 1969, which sold for CHF 241,300 ($290,216), and a limited-edition Patek Philippe Nautilus 40th Anniversary white gold watch with diamond accents, also sold for CHF 330,200 ($397,138).

The auction highlighted a growing trend: younger collectors are making a mark, with 33% of buyers under the age of 40. According to Sotheby’s, watches in excellent condition with rarity, unique features, and strong provenance continue to perform best.

“This sale continues to demonstrate that watches in great condition with rarity and differentiating and/or unique features are the most likely to do well,” the auction house said in a statement.

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Sotheby’s Breuer Opening Auction Achieves Nearly $14 Million With Exceptional Heritage Jewels

The luxury house expands its creative partnership with the K-pop icon, introducing limited-edition pieces that fuse high jewellery craftsmanship with global pop-culture appeal.

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The inaugural jewelry sale at Sotheby’s new Breuer building location showcases rare masterpieces from Boucheron, Belperron, JAR, Cartier and more—setting strong results across top lots.

Sotheby’s marked the debut of its New York Breuer building with an elegant inaugural jewelry sale titled A Legacy of Elegance: Jewels from an Exceptional Collection. The auction presented 56 curated lots from some of the most influential designers in jewelry history and closed with an impressive total approaching$14 million.

The top performer of the evening was a magnificent Boucheron laurel wreath necklace dating back to around 1888. Set with seven cushion-cut Burmese and Thai rubies and a mix of old mine-, old European-, and single-cut diamonds, the historic piece sold for $1.3 million, landing comfortably within its presale estimate.

The auction featured standout creations by celebrated names including Suzanne Belperron, JAR, René Boivin and Cartier—many of which surpassed expectations. Below are the remaining highlights from the top 10 results:

Reversible Pendant/Brooch: A vibrant multi-gem piece featuring pink topazes, rubies, diamonds, amethysts, sapphires, tourmalines and demantoid garnets sold for just over $1 million, more than doubling its $500,000 high estimate.

Diamond Earrings: A pair showcasing two pear-shaped diamonds — a 12.24-carat F/VVS2 and an 11.68-carat D/VS2 — realized $889,000.

Suzanne Belperron, 1966 Bib Necklace: Featuring topazes, morganites, aquamarines and diamonds, this statement creation brought in $825,500, exceeding its $350,000 top estimate.

JAR Quatrefoil Earrings: Pavé-set with rubies and diamonds, the pair sold for $698,500, above the $600,000 estimate.

JAR Rock Crystal & Sapphire Butterfly Brooch (circa 1987): Achieved $698,500, surpassing its $500,000 expected high.

Suzanne Belperron, 1954 Necklace: A cabochon sapphire and diamond bib-style piece that doubled its estimate, selling for $635,000.

JAR Wild Rose Brooch: Featuring a grey natural pearl framed by amethyst and sapphire petals, the brooch brought in $609,600, beating its $400,000 estimate.

Cartier 1930s Ruby & Diamond Bracelet: The invisibly-set classic reached $558,800, just over its high estimate.

JAR Frost-Inspired Earrings: Diamond-set branches radiating from pear-shaped center stones sold for $508,000, slightly above expectations.

The successful debut signals strong collector appetite for rare, historically significant jewels and reinforces Sotheby’s positioning at the forefront of high jewelry auctions.

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