Press release: The Steel 1518 Returns to Phillips this November at the Decade One (2015–2025) Auction in Geneva. GENEVA – 25 AUGUST 2025 – Phillips in Association with Bacs & Russo is proud to announce the sale of one of the most legendary and important wristwatches ever made: a stainless-steel Patek Philippe reference 1518. Introduced in 1941, the reference 1518 was the world’s first perpetual calendar chronograph wristwatch model. 

Press release: With the Largest Sale Totals, the Most Million-Dollar Timepieces, and the Highest Sell-Through Rates, Phillips Continues to Define the Gold Standard in Watch Auctions.

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. 

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.

Press release: NEW YORK – 13 MAY 2025 – Phillips is proud to present the full catalogue for The New York Watch Auction: XII. Defined by extraordinary auction debuts, the two-day sale on 7-8 June will feature 144 lots, many of which are being offered publicly for the very first time, including important examples from both legacy brands and independent makers alike.

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.  

March 2025 saw groundbreaking launches from Trilobe, Girard-Perregaux, Richard Mille, Patek Philippe, and Louis Vuitton, each pushing horological boundaries through bold design, innovation, and artistic collaboration.