Monaco Legend Group Has a Record €22.3 Million Sale

25 April 2023

Monaco Legend Group demonstrates its strength in the market with new record sale

Monaco Legend Group set a new record with a strongly curated sale, including a unique Rolex Yacht-Master made entirely in platinum for the former president of Rolex Patrick Heiniger, an incredibly well-preserved Patek Philippe World Time and a white gold Nautilus made for the Sultan of Oman with Khanjar logo dial.

The sale took place over the weekend of the 22nd and 23rd April at Le Meridien Beach Plaza Monte Carlo over three sessions. Le Meridien is now Monaco Legend Group’s established auction weekend location, on the glorious shores of Monte Carlo. Our group of friends and collectors enjoyed fantastic views, an incredible atmosphere and a very enjoyable and successful weekend for all!

Highlight Lots

Rolex, Yacht-Master, Sells for € 2,316,800

Rolex – Yacht-Master – Sells for € 2,316,800
The catalogue’s cover lot was the unique prototype Yacht-master made for the Heiniger family. The watch sold for €2.3 million, which is an outstanding result! The Yacht-Master was made entirely in platinum and featured the reference in the case back. Furthermore, the watch was fitted with a platinum Oyster bracelet, complete with flip lock, which is also unique. The dial had diamond hour markers with baguette-cut sapphires at six and nine and a triangular-cut sapphire 12. Similar in some ways to the known Serti dials, this unique silver dial has a one of a kind colour and finish and is signed “DIX MILLIOIEME CHRONOMETRE”, to celebrate the 10 millionth chronometer movement made by Rolex.

Patek Philippe, World Time 2523, Sells for € 3,036,000

Patek Philippe – World Time 2523 – Sells for € 3,036,000
This World Time was offered for only the second time. The watch was complete with its original certificate that states it was originally sold in 1968 and remains in astonishingly good condition. The World Time reference 2523/1 is one of the most exclusive of all vintage Patek Philippe wristwatches. Only 15 examples were made in yellow gold, with the whereabouts of 10 pieces currently known.

Patek Philippe, Omani Nautilus, Sells for € 1,300,000

Patek Philippe – Omani Nautilus – Sells for € 1,300,000
A Patek Philippe Nautilus from the personal collection of John Goldberger sold for an incredible €1.3 million. The white-gold reference 3700 was fresh to the market, having been in Goldberger’s collection for over two decades. The watch was a special order by Sultan Qaboos of Oman and features the Khanjar dagger and swords on the dial and is one of three known examples that were specially made for the Sultan.

Patek Philippe – 1463 – Sells for € 624,000
Another piece from the collection of John Goldberger was an outstanding and beautiful “Tasti Tondi” chronograph in pink gold. The watch featured a two-tone tachymeter scale dial, with a certificate of origin, extract from the archives and box signed Astrua. The watch was originally sold by Astura in Torino in 1953 and the papers were stamped by the retailer.

Rolex, Seadweller made for the Italian Polizia di Stato, Sells for € 338,000

Rolex – Seadweller made for the Italian Polizia di Stato – Sells for € 338,000
The reference 16 600 Seadweller was made to celebrate the 50th anniversary of the Italian Scuba Diving Corps of Polizia di Stato. After being authorized by Rolex Geneva and obtaining clearance from the Ministry and their Command, to be able to use the Police logo, a total of 79 specimens were produced in December 2008.

Cartier, London Oval Maxi in Yellow Gold, Sells for € 273,000

Cartier – London Oval Maxi in Yellow Gold – Sells for € 273,000
Cartier, known as the Master of Shapes, is a new favourite in the auction world. The extremely rare watch was fresh to the market and remained in outstanding condition. The curved shape wristwatch housed an argentè roman numbers dial.

Co-Chairman Davide Parmegiani is delighted with the result

“This has been our best auction to date and, again, we had an incredible atmosphere with a group of amazing friends who we deeply appreciate. I am confident than Monaco Legend Group is growing in the right way and that we are now transforming the way that watches are sold and bought. Our auctions are now established as a gathering of passionate watch collectors, who all enjoy a three-day holiday in Monte Carlo! I am also very happy with the growth in our online and telephone bidding activity in this sale. I am looking forward to our October sale already!”

MLG Co-Chairman Claude Cohen said:

“The atmosphere in the room was electric. For most of the lots the bidding was very busy, with many bids in the room, on the telephones and online. I am delighted with the results, and it is, again, a testament to the incredible quality and rarity of many of the lots. This is now a Monaco Legend Group signature and I am very excited about the future.”