Salle de vente Phillips à Genève : Aurel Bacs adjuge le lot 7, une montre F.P. Journe affichée sur écran, devant le public
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Phillips Geneva: record 112.3 million dollar watch auction

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At a glance

  • Total: about 100 million euros (92,045,568 Swiss francs), including buyer’s premium, for Phillips’ watch auction in Geneva on 7 and 8 November 2026.
  • The record: the highest total ever for a watch auction according to Phillips, and the first live sale above 100 million dollars.
  • The figures: 217 of 217 lots sold, 17 above one million Swiss francs, 24 world records.
  • Top price: about 9.43 million euros (8,680,500 Swiss francs) for a 2002 F.P. Journe “Régence”.
Phillips saleroom in Geneva: Aurel Bacs selling lot 7, an F.P. Journe watch shown on screen, in front of the audience
Aurel Bacs brings down the hammer on lot 7, the F.P. Journe “Régence”, at 7.1 million Swiss francs · © Phillips / Joy Corthesy

With about 100 million euros (92,045,568 Swiss francs) including premium, Phillips’ Geneva watch auction of 7 and 8 November 2026 set, according to the auction house, the highest total in the history of watch auctions.

How much did the sale make?

According to Phillips’ press release of 8 November, The Geneva Watch Auction: XXIV, held with Bacs & Russo, totalled 92,045,568 Swiss francs. At the ECB reference rate of 10 November 2026 (1 euro to 0.9203 Swiss franc), that is about 100 million euros. The sale was held in Swiss francs: the 112.3 million dollars announced is Phillips’ own conversion, at the 7 and 8 November rate. Prices achieved include the hammer price and buyer’s premium (27% up to 1.6 million Swiss francs, 21% up to 7 million, 14.5% above); estimates exclude premium. The pre-sale estimates were in our preview of the Geneva sales.

A record broken six months after the last

The previous high already belonged to Phillips: 74,846,995 Swiss francs in May 2026, about 81.3 million euros at the 10 November rate. The November sale did about 23% better in Swiss francs. With only 217 lots, the average exceeds 500,000 dollars per lot according to Phillips, or about 461,000 euros (424,173 Swiss francs) by our calculation. Phillips counted 2,121 registered bidders from 69 countries, against more than 1,815 in the spring.

F.P. Journe Chronomètre à Résonance "Régence" watch in platinum, two silver sub-dials on a hand-engraved pink gold dial
F.P. Journe Chronomètre à Résonance “Régence”, platinum, 2002: the top price of the sale · © Phillips

F.P. Journe: 13 watches, a third of the total

The 13 watches by François-Paul Journe totalled about 34.6 million euros (31,807,850 Swiss francs). Lot 7, a 2002 platinum Chronomètre à Résonance “Régence” estimated at over one million Swiss francs, reached about 9.43 million euros (8,680,500 Swiss francs), a hammer price of 7.1 million Swiss francs based on the premium scale. Phillips calls it the only example with a polished, hand-engraved pink gold dial, and its fifth live sale in a row with a watch above 10 million dollars. The 2007 titanium Chronomètre à Résonance “Tokyo Boutique” and the 2019 diamond-set Vagabondage III went for more than seven times their high estimates.

The eight top prices of the sale

Based on Phillips’ official results file; euros at the ECB rate of 10 November 2026.

The eight top prices
LotPiecePrice incl. premium
7F.P. Journe “Régence”, platinum, 2002€9.43m (CHF 8,680,500)
95Patek Philippe 1436 in steel, 1945€6.81m (CHF 6,267,000)
161F.P. Journe “Tokyo Boutique”, titanium, 2007€6.68m (CHF 6,146,000)
60F.P. Journe Vagabondage III, platinum, 2019€5.49m (CHF 5,057,000)
125F.P. Journe pre-production 022/99, platinum, 1999€5.36m (CHF 4,936,000)
220Cartier Portico clock No. 4, 1924€5.23m (CHF 4,815,000)
129Rolex 6062 “Stelline”, yellow gold, circa 1952€2.54m (CHF 2,334,500)
213F.P. Journe Tourbillon Souverain, platinum, 2003€2.27m (CHF 2,092,500)

Patek Philippe, Rolex and Cartier stand out

According to Phillips, the 1945 steel Patek Philippe 1436 set a world record for a split-seconds chronograph, and Cartier’s Portico Mystery Clock No. 4 a record for any Cartier timepiece. The yellow gold Rolex 6062 “Stelline” from around 1952, consigned from its original owner in Japan, reached about 2.54 million euros (2,334,500 Swiss francs).

Rolex reference 6062 "Stelline" watch in yellow gold, star indexes, triple calendar and moon phases
Rolex 6062 “Stelline”, yellow gold, circa 1952 · © Phillips

Dufour, Voutilainen, Pinaud: the independents

Philippe Dufour’s platinum Simplicity reached about 2.14 million euros (1,968,500 Swiss francs), and Kari Voutilainen’s unique tantalum Vingt-8 Inversé about 1.66 million euros (1,524,000 Swiss francs). Sylvain Pinaud’s Origine No. 2 made about 662,000 euros (609,600 Swiss francs), more than five times its high estimate.

F.P. Journe Tourbillon Souverain watch in platinum from 2003, tourbillon visible at 9 o'clock and white gold dial
F.P. Journe Tourbillon Souverain, platinum, 2003, brass movement · © Phillips

What the total says about the market

The top six lots alone account for about 39 million euros (35,901,500 Swiss francs), or 39% of the total. To put these sums in context, see our ranking of the world’s most expensive watches and the record for the steel Patek Philippe 1518, sold by Phillips in 2025.

Fact file
SaleThe Geneva Watch Auction: XXIV, Phillips and Bacs & Russo
Place and datesGeneva, 7 and 8 November 2026
Totalabout 100 million euros (92,045,568 Swiss francs), including premium
Lots217 of 217 sold
World records24
Bidders2,121, from 69 countries
Previous record74,846,995 Swiss francs, Phillips, May 2026

Information checked on 10 November 2026. Sources: Phillips results press release, 8 November 2026, official results file, Phillips, Phillips press release, May 2026, ECB reference rates.

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Written by
Sophie Laurent

Sophie Laurent signe les sujets culture, art de vivre et personnalités pour La Revue du Luxe : expositions, gastronomie, mondanités et coulisses.