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NEWS & RESULTS/Omega

Unique Omega Tourbillon Prototype Achieves Highest Result Ever for an Omega

11.13.17

The unique Omega tourbillon wristwatch included in last night’s Geneva Watch Auction: SIX auction sold for $1.43 million, breaking the record for the highest result achieved for an Omega timepiece, by a comfortable margin, and becoming the first Omega to pass the elusive $1 million mark.

The watch is highly important for a host of reasons – explained here – which the collecting community clearly appreciated, given last night’s result.

Omega Tourbillon Prototype wristwatch 1947 Phillips Watches

The record-breaking Omega had a pre-sale estimate of CHF 100,000 to CHF 200,000 but it did not take long for the bidding to fly past those figures.

The watch was purchased by a bidder on the phone after a spirited battle between two anonymous bidders, who were briefly taken out when a gentleman seated in the room unexpectedly raised the bid price of the watch from CHF 750,000 to CHF 1,000,000. Bidding resumed shortly thereafter, and the watch was ultimately sold for $1.43 million, inclusive of buyer’s premium.

The Omega tourbillon did not achieve the highest result of the sale - that would be the pink gold Patek Philippe ref. 2499 - but it’s the one everyone was talking about long into the night.

For the full results of The Geneva Watch Auction: SIX, please visit the Phillips Auction website.

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