Christie's sale of Important Watches Featuring the Leo Collection on June 16 realised $10,050,363. with sell-through rates of 88% by lot and 90% by value.
According to the auction house, buyers comprised a balanced mix of American (43%), European (25%), Asian (25%), and other (7%) collectors.
Top lot in the auction was an extremely rare platinum Patek Philippe perpetual calendar minute-repeating tourbillon wristwatch with a black dial. It fetched $602,500, selling to an Asian private collector.
"At over $10 million, this is the highest sale total ever achieved for a watch sale at Christie's New York," said Sam Hines, Head of Watches at Christie's New York.
 This extremely rare platinum Patek Philippe, ref 5016, was the sale's top lot |
"All season long, we have watched prices and sales totals reach ever-higher levels in Geneva, Hong Kong, Dubai, and now in New York.
"Our spring sales season closes at $46.1m in sales worldwide. [This is] our highest first-half global sales total to date, and re-confirms our leadership position in the watch auction market."
According to Mr Hines, the New York sale was boosted by online and telephone bidding. Participants were a mix of new and established clients from five different continents.
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