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: “Big Red” Daytona Ref. 6265 with Engraving "Die To Drive" Commemorates the Champion Driver's Historic French Grand Prix Victory of 1979, With the Timepiece Remaining in the Jabouille Family Collection for Nearly Five Decades.

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.  

Auction News: Geneva is about to experience an extraterrestrial encounter as Sotheby's, in collaboration with the creative watch collective heist-out, announces AREA_51, a captivating exhibition and live auction of "alien wristwear." This otherworldly event, coinciding with Watches & Wonders, promises to be a thrilling continuation of their groundbreaking partnership. Read what we know.

Breaking News: In a move that signals a significant shift in the luxury watch landscape, Rolex has announced the discontinuation of the Carl F. Bucherer watch brand. This decision, reported by BILANZ Watches and later confirmed by other sources, marks the end of an era for the brand with a 137 year old legacy of family ownership, which was a passion project of the late Bucherer patron, Jörg Bucherer. Read the story here.