Patek Philippe

London Watch Auction Sets New Records with Iconic Brands and Rare Timepieces

Diagonal collage of F.P. Journe, Cartier and Patek Philippe auction watches, including black, pale and turquoise dials.

Bonhams’ recent watch sale in London achieved over £1.6 million, featuring masterpieces from Patek Philippe, Rolex, Cartier, and F.P. Journe. The standout was F.P. Journe’s platinum Chronomètre à Résonance, selling for £140,100, while the Cartier Crash broke records at £114,700. The auction’s diverse collection drew global collectors, emphasizing the strong demand for both vintage rarities and innovative designs, setting a new benchmark for luxury watch collecting.

Rolex Timepieces Show Strong Results at Bonhams Luxury Watch Auction

Rolex Cosmograph Daytona wristwatch, reference 116520, circa 2002.

The auction was a resounding success, generating a total of £713,344. An impressive 91% of the lots were sold, with 97% sold by value, reflecting the strong demand and competitive bidding. The star of the auction was a Rolex Cosmograph Daytona, stainless-steel automatic chronograph bracelet watch, reference 116500LN, circa 2019. Known as the LN reference ‘lunette noir’ due to its black Cerachrom bezel and white dial, this sought-after piece surpassed its pre-sale estimate, fetching £20,480.