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\n\tPhillips\u00a0has done it again.<\/p>\n
\n\tThe auction house shattered another record over the weekend, holding the highest-grossing watch auction in U.S. history. The two-day\u00a0New York Watch Auction: XIV, held in association with Bacs & Russo, achieved a total of $75.8 million, shattering a\u00a0record\u00a0Phillips itself set only last December with a $43.5 million sale. A total of 16 timepieces sold for over $1 million each, according to the auction house.<\/p>\n
\n\t\u201cThis season\u2019s results in New York mark a watershed moment for the watch market,\u201d Paul Boutros and Isabella Proia of Phillips said in a statement. \u201cTo once again break the record for the most valuable watch auction ever held in the United States\u2014just six months after establishing the previous benchmark\u2014speaks to the remarkable confidence and depth at the very pinnacle of collecting.\u201d\u00a0<\/p>\n
\n\tThe star was an ultra-rare\u00a0F.P. Journe Chronom\u00e8tre \u00e0 R\u00e9sonance\u00a0\u201cSouscription, No. 007,\u201d which sold for an astonishing $13.92 million after nearly nine minutes of bidding, becoming not only the most expensive watch ever sold by the maker, but also setting records for any watch by an independent watchmaker and any 21st-century watch offered at a commercial auction. Four other F.P. Journes hammered down for between $1.9 million and $5 million, respectively, cementing Fran\u00e7ois-Paul Journe as the hottest\u00a0independent watchmaker\u00a0alive.<\/p>\n
\n\t\u201cThe industry-leading, $13.9 million result for the F.P.Journe Souscription R\u00e9sonance stands as a historic achievement, not only for the brand but for the entire field of independent watchmaking,\u201d Boutros and Proia add.<\/p>\n
\n\tIndies performed extremely well across the board, in fact. A coveted Kari Voutilainen Masterpiece Chronograph surpassed a low estimate of $120,000 to sell for $1.8 million, while a Roger Smith Ref. Series 3 \u201cUnique Piece\u201d fetched a record $1.2 million.\u00a0<\/p>\n
\n\tF.P. Journe was a clear standout, though, accounting for half the watches in the top 10. Behind the $14 million Chronom\u00e8tre \u00e0 R\u00e9sonance was a\u00a0possibly unique Patek Philippe\u00a0(Ref. 5004G-020) made for Eric Clapton that surpassed a low estimate of $700,000 to realize a record $5.2 million and a\u00a0Patek Philippe\u00a0(Ref. 1518) that sold for just under $4 million. <\/p>\n
\n\tRolex made it into the top 10, too, with a 1969 Daytona (Ref. 6241) \u201cJohn Player Special\u201d hammering down for $1.8 million. But F.P. Journe definitely outperformed the Crown\u2014during this auction, at least.<\/p>\n
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[analyse_image type=”featured” src=”https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/06\/phillips-new-york-watch-auction-xiv.webp?w=1000″] Phillips\u00a0has done it again. The auction house shattered another record over the weekend, holding the highest-grossing watch auction in U.S. history. The two-day\u00a0New York Watch Auction: XIV, held in association with Bacs & Russo, achieved a total of $75.8 million, shattering a\u00a0record\u00a0Phillips itself set only last December with a $43.5 million sale. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,226],"class_list":["post-1993592","post","type-post","status-publish","format-standard","hentry","category-politics","tag-artnews-com","tag-crawlmanager"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1993592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1993592"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1993592\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1993592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1993592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1993592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}