Christie’s 2022 Geneva watch auction just closed with a lot that was completely sold out, and new heights were reached across the bidding block.
The auction, titled “Rare Watches: Featuring The Kairos Collection Part I,” took place at the Four Seasons Hotel des Bergues and featured a selection of rare 1:1 replica Rolexes UK, three Daytonas and contemporary Patek Philippes.
It was a sought-after affair that brought many new buyers to the table, 51 percent of which were millennials, which points to an ever-growing interest in high quality fake watches among a fresh generation of affluent buyers. In total, registrants represented 46 countries across six continents.
The goods were well received, setting 16 world records for final prices on an array of opulent pieces. Those three AAA fake Rolex Daytonas reigned supreme.
The cheap fake Rolex Daytona Ref 6269 ‘Jack of Diamonds’ was estimated at CHF 1,100,000 and sold for CHF 1.614 million, or about $1.626 million. The Paul Newman Tropical Lemon Daytona Ref. 6264, estimated at CHF 900,000, sold for CHF 1.254 million or about $1.263 million; while the perfect replica Rolex Daytona ref. 6241 ‘champagne Paul Newman dial’ estimated at CHF 700,000 sold for CHF 1.071 million or about $1.079 million.
“Swiss made fake Rolex UK continues to reach new heights of desirability, and probably also thanks to a pool of new and young bidders and buyers from around the world,” Rémi Guillemin, Head of Watches at Christie’s Geneva, says in a press release. “A particular note was the success of the top copy Rolex Daytona Trilogy, putting Geneva at the center of all things Rolex.