Phillips Geneva XXIII Just Set the All-Time Watch Auction Record at $96.3M: What the Results Mean
Phillips' Geneva Watch Auction XXIII closed at CHF 74.85 million ($96.3M) on May 10, 2026, becoming the highest-grossing watch auction ever held. 43 world records, 224 of 225 lots sold, 14 lots over CHF 1 million. A working dealer's read on what the results mean for the pre-owned market.