Geneva watch auction week is officially under way with Phillips Watches having held their first evening’s session earlier, commencing at 6pm CEST. Session two is tomorrow evening and will begin at the same hour. For now, a quick run through of the night’s top performers.
Lot 93: Rolex ref. 6062, yellow gold triple calendar “Bao Dai” sold for CHF5,066,000
With ten bidders on hand to deal with, including those on the floor, the phone and online, a long-drawn bidding war that started at CHF1 million finally concluded at CHF5,066,000. This was afterall the headliner of Phillips Watches’ Spring Geneva auctions, therefore, the outstanding performance is no surprise.
Its claim to fame is that it was once the property of the last ruling emperor of Vietnam, who was not only a man of immense wealth but of great taste as well. The last the watch appeared in auction was 2002, which was a direct consignment to Phillips from the family of the Emperor. Back then the watch hammered for CHF370,000. Today it went for CHF5,066,000. Making it the most expensive Rolex to have been sold at auction since the ref. 4113 of last year.