---
title: Phillips Sells Every Lot in Geneva for $112.3m, the First Watch Auction Above $100m
description: Phillips sold all 217 lots in Geneva for 92m Swiss francs ($112.3m), led by an F.P. Journe Régence at 8.68m, as Rexhep Rexhepi won the GPHG Aiguille d'Or.
author: Dr Marina Nani (Editor-in-Chief)
date: 2026-11-09T21:54:05.302Z
updated: 2026-11-09T21:54:05.314Z
canonical: https://www.richmanmagazine.com/article/phillips-geneva-watch-auction-xxiv-results-112-million
image: https://cdn.nanimediahouse.com/pexels-4952980.webp
categories: Lifestyle, Money
content_type: News
region: Switzerland
publication: Rich Man Magazine
---

Phillips sold every one of the 217 watches, clocks and pocket watches in its Geneva sale on 7th and 8th November for 92m Swiss francs, about $112.3m. It is the first live watch auction to pass $100m, and it beats the record Phillips set in the same city in May, when its spring sale made 74.8m Swiss francs. The sale drew 2,121 registered bidders from 69 countries, 17 lots passed 1m Swiss francs and 24 world records fell over the two days.

## The F.P. Journe Régence Tops the Sale

The top lot was an F.P. Journe Chronomètre à Résonance 'Régence' in platinum, the only one made with a polished, hand-engraved pink gold dial. It sold for 8.68m Swiss francs, about $10.6m, against an estimate of 1m to 2m Swiss francs. It is the fifth Phillips live auction in a row with a watch above $10m.

The sale's 13 F.P. Journe watches made 31.8m Swiss francs between them, more than a third of the total. The titanium Chronomètre à Résonance made for the Tokyo boutique in 2007, estimated at 400,000 to 800,000 Swiss francs, sold for 6.15m Swiss francs, and a diamond-set Vagabondage III made 5.06m Swiss francs.

## Patek Philippe and Vintage Rolex

The 1945 steel Patek Philippe reference 1436 split-seconds chronograph, which carried the catalogue's highest estimate at 2m to 4m Swiss francs, sold for 6.27m Swiss francs. The yellow gold Rolex reference 6062 'Stelline', bought from its original owner in Japan, made 2.33m Swiss francs. The gold Cosmograph Daytona reference 6241 'John Player Special', estimated at 800,000 to 1.6m Swiss francs, made 1.91m Swiss francs.

## Independent Watchmakers and a Cartier Record

Philippe Dufour's platinum Simplicity sold for 1.97m Swiss francs. Kari Voutilainen's unique Vingt-8 Inversé in tantalum, estimated at 200,000 to 400,000 Swiss francs, made 1.52m Swiss francs. Sylvain Pinaud's Origine No. 2 made 609,600 Swiss francs, more than five times its high estimate, and a silver Richard Miklosch flying tourbillon pocket watch from about 1985 sold for 762,000 Swiss francs.

A Cartier Portico Mystery Clock No. 4 from 1924 sold for 4.82m Swiss francs, a world auction record for any Cartier timepiece.

## Rexhep Rexhepi Wins the Aiguille d'Or

On the Saturday evening, the Geneva-based independent watchmaker Rexhep Rexhepi won the Aiguille d'Or, the top prize at the Grand Prix d'Horlogerie de Genève, for his Chronograph Flyback, the first chronograph to carry his name. The platinum watch measures 38.8mm across and 9.7mm thick, and its hand-wound movement has 320 components and a 72-hour power reserve. Rexhepi began as an apprentice at Patek Philippe at the age of 15.

Audemars Piguet, Chopard and Ferdinand Berthoud each took two of the 20 prizes. The nominated watches are on show at the Musée d'Art et d'Histoire in Geneva until 15th November, and the winners travel to London for an exhibition from 18th to 23rd November.

## Swiss Watch Exports Are Rising Again

The sales come as demand for Swiss watches recovers. Swiss watch exports reached 2.23bn Swiss francs in September, up 11.7% on the same month last year, according to the Federation of the Swiss Watch Industry. Exports to the United States rose by 86%, while exports to China fell by 14.2%. Phillips takes its next sale to Hong Kong on 21st and 22nd November.