An F.P. Journe Centigraphe Souverain, a historic Rolex Sea-Dweller Comex 3497, and monumental sculptures by Arnaldo Pomodoro and César led the charge during the Monaco Auction Week’s summer sales, which collectively brought in €15.68 million across six auctions.
Held from 6th to 8th July at the Hôtel Hermitage in Monte-Carlo, the Monaco Auction Week confirmed the Principality’s standing as a hub for collectors of fine art, haute horlogerie, and rare jewels. Organised by French auction house Artcurial, the three-day event brought together connoisseurs from around the world, achieving a combined total of €15,680,888 ($17,901,964) including fees.
Success in fine horology
The collection of fine watches saw significant momentum, with 93% of the lots finding buyers. A standout piece was the F.P. Journe Centigraphe Souverain, which reached a final price of €317,760. Another highlight was the sale of a Rolex Sea-Dweller COMEX 3497 for €244,940. This watch held particular historical significance, having been owned by Muriel Sivazlian, the first female commercial diver in France and an iconic figure at Comex.
Jewellery and luxury accessories
The jewellery auctions featured high-profile items that generated substantial interest. A 1955 Cartier parure, originating from the collection of a renowned French actress, was sold for €390,580. Furthermore, a pair of Art Deco earrings saw intense bidding, eventually reaching €251,560—a figure that was 31 times higher than the original estimate. The luxury accessories market also remained robust, with a 2018 Hermès Birkin Himalaya 25 bag selling for €119,160.
Monumental sculptures in the gardens
In addition to the indoor sales, the sculptures exhibited in the gardens of Monaco attracted considerable attention from collectors. Two major works achieved notable prices during the proceedings: Cubo I by Arnaldo Pomodoro was auctioned for €890,910, while the sculpture Pouce by César was sold for €635,520. These results underscore the sustained demand for large-scale contemporary works within the Monegasque market.
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Photo credit: Artcurial