Auction Report: Geneva November sales

The Geneva auctions held on November 11 (Antiquorum) and November 12 (Christie’s) brought to the public some fascinating Vacheron Constantin’s as well as some rather interesting results.

As expected the vintage chronograph models are in great demand, a rare cushion shaped model even selling for a whopping 158,250 CHF! The modern chronographs sold by Christies also did relatively well, especially the skeleton model. The news is the increase in the simple time only models which are now selling in the $8,000-$9,000 range, a big jump if you consider than not long ago some of these models could have been had for half the price!

Antiquorum November 11 

Rumors may surround Antiquorum ever since its founder Osvaldo Patrizzi has left but the auction house is still doing strong and offered for this sale a wonderful array of vintage Vacheron Constantins.

Lot 119  ref 4072: An amazing steel with two tone dial straight lug chrono made in 1943. Estimated at 75,000 CHF - 90,000 CHF (€45,000 - €55,000 or  $65,000 - $75,000 USD), it sold for  CHF 82,600 CHF ($73,00 € €50,340)

Auction Report: Geneva November sales

Lot 120 Ref. 92232: An interesting triple date moonphase watch made in 1985 but with a vintage cal 485 movement. Estimated at CHF 18,000-CHF 23,000(€11,000 - €14,000) or $15,000 - $20,000) It sold for CHF 21,240 (€12,900 or $18,850)

Auction Report: Geneva November sales 

Lot 221 Ref 4361: A perfect example of Vacheron Constantin's never ending experimentation with case and lug designs this model from 1945 estimated at CHF 10,000 - CHF 12,000 (€6,000 - €7,000 or $8,500 - $10,000) sold for over its high estimate at CHF 12,980 ($11,500 or €7,900)

Auction Report: Geneva November sales

Lot 224: A fascinating yellow gold, platinum and enamel hooded cover timepiece made in 1928 typicial of pieces born from Vacheron Constantin's partnership with Parisian casemaker Verger Freres. Estimated at CHF 40,000 - CHF 60,000 (€25,000 - €35,000, $35,000 - $50,000) surprisingly sold "only" at its low estimate at CHF 40,120 (€24,460, $ 35,600)

Auction Report: Geneva November sales 

Auction Report: Geneva November sales

Lot 225: Similar to lot 224 and dating from 1928, this model has a bigger size (41mm long). Estimated at CHF 80,000-CHF100,000 (€50,000 - €60,000, $65,000 - $85,000) it went for a lower price (very surprisingly but still at a hefty) at CHF 70,600 ($62,850, €43,160)

Auction Report: Geneva November sales

Auction Report: Geneva November sales

Lot 260, ref 4111: An absolutely gorgeous cushion shapped chronograph from 1937 was estimated at CHF 65,000-CHF 85,000 (€40,000 - €50,000, €55,000 - €70,000) and attracted a huge auction battle, finally more than doubeling its low estimate and selling for CHF 158,250 (€96,500, $ 140,470)!

Auction Report: Geneva November sales 

Lot 261 Ref 4178: Vacheron Constantin's iconic chronograph model from the 40s. Estimated CHF 45,000-CHF 55,000 (€27,000 - €35,000, €38,000 - €45,000) sold for CHF 51,920 ($46,000, €31,650)

Auction Report: Geneva November sales 

Lot 263, Ref 4710: From 1954 with a rather interesting dial estimated at CHF 7,500 - CHF 9,000 (€4,500 -€ 5,500, $6,500 - $7,500) sold over its high estimate at CHF 9,440 (€5,755, $8,379)

Auction Report: Geneva November sales 

Lot 264 Ref 4072: Made in 1966 this chronograph which was estimated at  CHF 22,000- CHF 27,000 (€13,000 - €16,000, $18,000 - $23,000) sold for CHF 37,760 ($33,500, €23,000)

Auction Report: Geneva November sales 

Lot 265: Another time only model with the iconic tear drop lugs from 1950, estimated at  CHF 7,000 -CHF 9,000 (€4,000 - €5,500, $6,000 - $7,500) sold over its high estimate at CHF 10,030 (€6,280, $9,140)

Auction Report: Geneva November sales 

Lot 267 Ref 4072: A rare steel chronograph from 1945 with a refurbished dial (rather poorly judging from the pictures) and estimated at CHF 30,000- CHF 40,000 (€18,000 - €25,000, $25,000 - $35,000) sold for CHF 40,120  ($35,600, €24,460)

Auction Report: Geneva November sales

Christies Noveber 12 

Lot 69 REF. 47102: A rather rare platinum skeletonised chronograph from 1995 was estimated at CHF 25,000 -CHF 35,000 sold  over its high estimate at CHF 43,000 ($38,100, €26,160)

Auction Report: Geneva November sales

Lot 259 REF. 47101 Chronographe Historique: A big mystery to me, a beautiful watch, a fantastic movement and a prestegious name = the best bargain on the market, especially considering that the platinum models are selling for double the price! Estmated at CHF15,000 - CHF20,000 and  sold for CHF 17,500 (€10,600, $15,500)

Auction Report: Geneva November sales

Lot 345 Ref 4838: A gorgeous Chronometre Royal from 1953. Estimated at CHF10,000 - CHF15,000 and sold for CHF 12,500 ($11,000, €7,600)

Auction Report: Geneva November sales

Lot 346 Ref 4735: This is the first time I was seeing this reference from 1951 for sale. A very interesting model due to its 38mm case diameter (at the time watches were around 33mm-35mm), strong lugs (most probably having inspired the lugs of the Mercator models) and zanzy dial was estimated at CHF 8,000 -CHF 12,000 and sold for CHF 11,875 (€7,225, $10,550)

Auction Report: Geneva November sales

And about time!
11/13/2007 - 17:12

I have been a huge fan of the time only vintage Vacherons for the past twenty years and only now are they beginning to see their righful place in the market. Lot 346 could be at double that price and still not be overpriced.

Now I have to decide weather to keep them or trade them in for a new car!

LSmith I'm with you :-)
11/13/2007 - 17:28

I think this was more of a break through,

than 1994 auction,

or the Millennium auction, 2005, I wisited.

To be honest,

and I know I'm repeating myself,

time after time,

there are only made as many VC's in 252 years,

as Rolex makes per year....

And soon PP is in the neighbourhood of Rolex

So, I am 100 % sure that we who loves our VC's,

and even those who speculates in them,

will see some incredible rise in prices.

And since they are oldest,


got the history etc etc,

it's quite obvious.

Have you seen this ?

have a look at the auction for the 24th of Nov.

Just tap in Vacheron, and you will be astonished

I have followed VC in Germany,

and bought several from there, to very nice prices.....

VC has been very, very low rated.

Before, through the years it has only been 2-5 VC's per auction,

at this firm !!


Keep it!
11/13/2007 - 20:05

Changing for a car, it does not worth

But not the car,
11/14/2007 - 14:43

fpor heaven's sake


The price of the Chrono historique....
11/13/2007 - 21:47

is also a mystery for me.

Put Patek on the dial and all the blind followers would buy at 100 000 Euro.

"$17500" "Oct 17 New York Christies auction report"
11/13/2007 - 23:24


the price difference could be due to many factors: condition of the
11/14/2007 - 06:59

watch, box and papers etc...

re: Chronographe Historique: A big mystery to me
11/13/2007 - 23:44

dear all,

the answer is very probably that the lot has not been sold because its price did not reach the reserve.

all the best,


11/14/2007 - 03:22

The chronographe historique was a bargain

Clearly an inefficiency in the market

Wish i could get it at that price!

Re: Auction Report: Geneva November sales
11/14/2007 - 17:15

Alex,  I couldn't agree with you more in regards to the Les Historique Chronograph being on of the best bargins in the market. I began collecting about 25 years ago and was into LeCoultre & Vacheron, then migrated to Patek where I have been for quite awhile. Lately (in last 6 months) I have had a strong interest in Vacheron (mostly more classic look) and I am having a tremendous amount of fun with it.

Anyway I did find a yellow gold Historique chrono and hope to have it on my wrist next week. Keep up the good work on this forum it a lot of fun to come in and visit.


thanks for your kind words John and good to hear about your recent
11/15/2007 - 15:06

interest in VC, many good things to come....