Luxury Watches, Pocket Watches, Wrist Watches

Auction No. 7 is finished.
Friday, Jun 7, 6:00pm CET

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World record at Auctionata! This probably sums up our first online auction of luxury, wrist and pocket watches the best.

Over 1,000 users from 65 different countries were watching the
live auction online as the rare Patek Philippe reference 2499,
with a starting price of €180,000, was sold for €470,000 at exactly 7:29 CET.

A higher bid has yet to be accepted at an online auction of watches. Overall 86 out of 100 lots were auctioned off that evening to watch enthusiasts and collectors from all over the world.

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This result shows that the market is ready for a new kind of auction. We are developing the auction of the future, which makes it easier for enthusiasts of valuable and rare objects to buy and sell them, no matter where they are, without having to forgo top-notch expertise and certainty. Watch enthusiasts from around the world can also count on this service starting this fall in our weekly Chrono24 watch auctions

Alexander Zacke, CEO of Auctionata

The enormous reception from watch lovers of all countries and continents shows how sought after top quality watches currently are as a collectible and investment. I found the sensational result of the Patek Philippe 2499 and the consequent world record for Auctionata to be especially delightful. As an expert, the opportunity to conceive an auction of this calibre and to even participate in it does not come very often – a very special experience.

Dr. Oliver Hoffmann, Auctionata expert for wrist and pocket watches


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