Sotheby's Geneva: Patek 5002 Leads CHF 26.3M Sale

Patek Philippe Sky-Moon Tourbillon ref. 5002 in yellow gold, with an opaline white dial and black leather strap, Sotheby's lot 123
Patek Philippe Sky-Moon Tourbillon, ref. 5002, lot 123. Photo: Sotheby's.

Sotheby's Important Watches auction in Geneva on November 8–9, 2026 totaled CHF 26,317,216 / US$32,145,128, which Sotheby's called its strongest live watch sale in Geneva in more than a decade. All but one offered lot sold. The results below include buyer's premium and overhead premium; USD equivalents are those published by Sotheby's.

Patek Philippe leads the sale

The top lot, a yellow-gold Sky-Moon Tourbillon ref. 5002 dating to circa 2007, combines twelve complications across two dials. Its front carries the perpetual calendar and retrograde date, while the reverse displays the sky chart and sidereal time. The watch also has a tourbillon and a minute repeater with cathedral gongs.

Patek Philippe ref. 3970J in yellow gold, with a silvered perpetual calendar chronograph dial and brown leather strap, Sotheby's lot 88
Patek Philippe ‘The First 3970’, ref. 3970J, lot 88. Photo: Sotheby's.

The second major Patek was made in 1986 and carries movement number 875’000, identified in the catalog as the first numbered example of ref. 3970. Its 36.2 mm yellow-gold case retains the first series' solid snap-on back. Inside is the manually wound caliber 27-70 Q, based on the Lemania 2310. The watch came with its original Certificate of Origin.

Four leading results and three records

  • Patek Philippe Sky-Moon Tourbillon, ref. 5002, lot 123: CHF 2,292,000 / US$2,793,237.
  • Patek Philippe ‘The First 3970’, ref. 3970J, lot 88: CHF 2,048,000; a record for the reference, according to Sotheby's.
  • George Daniels Millennium, yellow gold, lot 80: CHF 1,536,000 / US$1,871,908; a record for the model in yellow gold.
  • F.P. Journe Octa Chronographe Ruthenium, lot 30: CHF 1,216,000 / US$1,481,927; a record for the Ruthenium version.
George Daniels Millennium in yellow gold, with a silvered guilloche dial, pointer date and brown leather strap, Sotheby's lot 80
George Daniels Millennium, made in 2001, lot 80. Photo: Sotheby's.

The Daniels was offered by its original owner. Delivered in December 2001, it had been commissioned by Daniels' friend David Roscoe for one of his sons. Its documentation includes the original invoice, instructions and personal correspondence with Roscoe, alongside Daniels' handwritten certificate.

A $203 million Geneva weekend

According to WatchPro's November 10 report, Phillips generated $112.3 million and Christie's $58.7 million, bringing the three houses' combined Geneva watch-auction total to approximately $203 million.

Sources: Sotheby's, official results release, November 10, 2026; Sotheby's, official lot catalog; WatchPro, November 10, 2026.

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