THE LIBRARY
the LATEST IN LUXURY horology TAILORED FOR YOU
“White Glove” Sale Marks Four And A Half Years Of 100%-Sold Live Watch Auctions For Phillips New York, Showcasing The Enduring Strength Of The Market
Press release: NEW YORK – 8 JUNE 2025 – A triumphant conclusion to Phillips’ spring season of watch sales, The New York Watch Auction: XII achieved $25 million, selling 100% by lot and 100% by value. The auction marks four and a half years — nine consecutive auctions — of 100%-sold “white glove” live auctions for Phillips Watches in New York.
Cartier Launches En Équilibre High Jewellery Collection In Stockholm
Press release: The Maison's latest Cartier High Jewellery collection, En Équilibre, made its debut in Stockholm with a precious gala evening at the Artipelag art gallery, on the glistening waters of the archipelago. From the purity of the line to the strength of volumes, the balance of colours, and the space between full and empty: everything is in harmony in this new collection of unique pieces. It's all about precision, nothing in excess.
Phillips In Association With Bacs & Russo Realise Over HK$212 Million/ US$27 Million For The Hong Kong Watch Auction: XX, Up 30% From The Previous Year
Press release: HONG KONG – 25 MAY 2025 – Phillips in Association with Bacs & Russo achieved a total of over HK$212 million/ US$27 million for The Hong Kong Watch Auction: XX, surpassing the pre-sale high estimate of HK$181,063,000/ US$23,121,745 and marking a 30% year-on-year increase. The auction, held from 23-25 May, attracted enthusiastic participation from 1,800 registered bidders across 70 countries/ regions worldwide. In addition to a packed saleroom and active telephone bidding, the sale saw robust online engagement, with 70% of the lots offered sold to online buyers.
Phillips to offer a Cartier Clock commissioned for Princess Fawzia’s 1939 Wedding to Iran’s Crown Prince
Press release: GENEVA / HONG KONG – 22 MAY 2025 – Phillips in Association with Bacs & Russo is proud to present an exceptional, unique, and museum-quality nephrite clock by Cartier in the 1920s, exemplifying the brand’s artistic brilliance of the Art Deco. It will be offered in the Evening Session of The Hong Kong Watch Auction: XX on 23 May.
Phillips In Association With Bacs & Russo Achieve CHF 43.4 / USD 52 Million For The Geneva Watch Auction: XXI, Outperforming The Market
Press release: GENEVA – 11 May 2025 – Phillips in Association with Bacs & Russo achieved a remarkable total of CHF 43.4 million at The Geneva Watch Auction: XXI, underscoring strong market confidence and reaffirming its global leadership position. A tightly curated sale, combined with sustained global demand, drove exceptional results – more than doubling the pre-sale estimate. With participation from 1,820 registered bidders across 71 countries, including 1,580 online, along with a packed saleroom, energetic telephone banks, and dynamic online activity, the auction demonstrated the enduring strength of the market and a robust global appetite for rare and important timepieces.
This Week On The Bench: A Délices de Cartier
Issue 01: This week, Luxury Watch Works had the privilege of restoring a Délices de Cartier W8100009, an elegant timepiece unveiled in the early 2000s that blurred the lines between Haute Horlogerie and Haute Joaillerie. Read to discover how we restored this fine timepiece to its original brilliance.