Get this! In Geneva, an exclusive stainless steel A. Lange & Söhne Double Split changed hands for nearly 380.000 Euro.
On 11 November 2013 at Christie’s “Important Watches” auction in Geneva, an exceptional time-piece from A. Lange & Söhne changed owners for the equivalent of nearly 380,000 euros: the only Double Split with a stainless steel case.
An important chapter of watch history was written, when the Double Split made its debut in 2004. The double rattrapante chronograph was the first mechanical watch to allow comparative lap measurements of up to thirty minutes.
The impressive auction result was not only far more than the estimated 96.000 to 140.000 Euro. The watch – sold in 2008 – went under the hammer for more than four times the original retail price of the series-production model made of platinum.
At the same auction, Christie’s “Important Watches”, a Lange Zeitwerk “Luminous” from a limited edition of 100 pieces was sold for the equivalent of 122.000 Euro. This corresponds to an increase in the value of about 75 % compared to the original retail price. It was probably the first time that this model has ever been auctioned. This watch, with the luminescent jumping numerals display and the innovative constant-force escapement, was introduced in 2010 and is one of the most popular models of the Saxon brand.
Meanwhile the timepieces of A. Lange & Söhne regularly achieve extraordinary sales prices at auctions. One of the biggest successes is without doubt the Tourbillon “Pour le Mérite” launched in 1994. This year, the auction price for this model was on average four times higher than the original retail price, thereby showing a clear upward trend.
Since 2010, the average auction price for this model has doubled. A similar trend can be observed for other limited editions of the brand, such as the 1815 Moonphase or the Anniversary Langematik presented in 1999 and 2000 respectively.
Maybe some of you should just reconsider what you voted for at my still ongoing and open POLL about the AAA watch brands here at the right side of the blog… 🙂