Christie’s 2022 Geneva watch auction just closed with a lot that was completely sold out, and new heights were reached across the bidding block.
The auction, titled “Rare Watches: Featuring The Kairos Collection Part I,” took place at the Four Seasons Hotel des Bergues and featured a selection of rare luxury Rolex replica watches, three Daytonas and contemporary Patek Philippes.
It was a sought-after affair that brought many new buyers to the table, 51 percent of which were millennials, which points to an ever-growing interest in timepieces among a fresh generation of affluent buyers. In total, registrants represented 46 countries across six continents.
The goods were well received, setting 16 world records for final prices on an array of opulent pieces. Those three Swiss made Rolex Daytona fake watches reigned supreme.
The top replica Rolex Daytona Ref 6269 ‘Jack of Diamonds’ watches was estimated at CHF 1,100,000 and sold for CHF 1.614 million, or about $1.626 million. The Paul Newman Tropical Lemon Daytona Ref. 6264, estimated at CHF 900,000, sold for CHF 1.254 million or about $1.263 million; while the perfect copy Rolex Daytona ref. 6241 ‘champagne Paul Newman dial’ watches estimated at CHF 700,000 sold for CHF 1.071 million or about $1.079 million.
“Cheap replica watches continues to reach new heights of desirability, and probably also thanks to a pool of new and young bidders and buyers from around the world,” Rémi Guillemin, Head of Watches at Christie’s Geneva, says in a press release. “A particular note was the success of the Swiss movements super clone Rolex Daytona Trilogy watches, putting Geneva at the center of all things Rolex.