BY THE NUMBERS

Sotheby’s has only just begun hosting virtual sales—the auction house debuted its digital sales programme on April 1— but it’s already proven that online watch auctions have a growing appeal.

US$2.2M

The auction house’s first two virtual watch sales totalled an impressive US$2.2 million

95%

During these two watch sales, 95 per cent of lots were sold, with more than half achieving prices above their high estimate

US$306K

In late March, a Rolex ‘Paul Newman’ Daytona sold for roughly US$167,188. Days later, that number was nearly doubled by another Rolex Daytona at Sotheby’s, which sold for $306,518. 1968 Rolex ‘Paul Newman’ Daytona Reference 6241