k-flash post

ABOUT THE AUTHOR

Konrad Häuptli graduated from the University of Berne, qualified as an attorney-at-law and was admitted to the Bar of the Canton of Berne. He joined HSBC in 2002 after working with Swiss Re for over 20 years. He then went on to work for KENDRIS in 2016 after retiring as former CEO of HSBC’s Trust Companies in Switzerland. Konrad Häuptli is a member of the Advisory Board of the Swiss Association of Trust Companies (SATC) and is also a member of mixed expert groups representing SATC. He has been managing family assets and has been involved in entrepreneurial activities, board assignments as well as private equity investments.
Record CHF33m bid for rare watches in Geneva

k-flash audio commentRecord CHF33m bid for rare watches in Geneva

The case

Bidders spent more than CHF33 million on rare watches at a record-breaking Christie’s auction in Geneva.

The commentary

One of the highlights was a 1990 Cartier Crash London, which tripled its low estimate and sold for CHF1.585 million, setting a new record for the model. The sale’s top lot was the rare F.P. Journe Platinum Tourbillon Souverain Ref. T, which achieved CHF2.439 million — more than five times its estimate.

Other notable results included the Tiffany Blue Patek Philippe Nautilus Ref. 5711/1A-018 at CHF1.27 million and the Patek Philippe Ref. 3970EP-047 formerly owned by Michael Steven Ovitz, which sold for CHF1.016 million.

Strong sales for brands such as A. Lange & Söhne, Daniel Roth and Krayon highlighted continued global demand for high-end collectible timepieces.

This publication has been prepared solely for information purposes and is does not constitute a recommendation, a solicitation, or an offer. The information on which this publication is based has been obtained from sources that we believe to be reliable and in good faith, but we have not independently verified such information and no representation or warranty, express or implied, is made as to its accuracy. All expressions of opinion are made as of the date of publication and may be subject to change without notice. k-flash and all related affiliates accepts no liability or responsibility whatsoever for any consequential loss of any kind arising out of the use of this publication or any part of its contents. The use of this publication should not be regarded as a substitute for the exercise by the recipient of his or her own judgment. This publication is not directed to any person in any jurisdictions that prohibit such publication.
Click to rate this post!
[Total: 0 Average: 0]

RECENT POSTS

The Rise of Small Watch Brands

The Case: Small watch brands have been attracting attention by means of creativity and originality. For large luxury brands the challenge is to attract younger customers while still maintaining their exclusive image. The Commentary: While the Swiss watch industry has been selling fewer watches overall, small independent brands are becoming…

Autumn Session 2026

The Case: The focus is on EU relations, defence, and financial regulation — three major political projects. The Commentary: The Bilaterals III package with the EU, Mercosur, defence spending, and banking reform are set to fuel political debate.

Committee Backs Tighter Lex Koller Rules

The Case: The Committee (WAK-N) has considered Motion 24.3961, “Strengthening the Lex Koller,” submitted by National Councilor Thomas Aeschi. With 14 votes to 8, with 1 abstention, it recommends that the Federal Council approve the motion’s main proposal (point 1). The Commentary: The proposal seeks to reverse previous relaxations of…

Search

TRANSLATE

Newsletter

Related Posts

Swiss Press Photo 26

The Case: Swiss Press Photo 26 showcases the finest of Swiss photojournalism of the past year. The exhibition invites visitors with award-winning images to reflect on the events, stories and emotions that shaped an eventful year. The Commentary: Organised into six categories – News, Daily Life, Swiss Stories, People, Sports,…

Constellations – inaugural exhibition at Fondation Beyeler

The Case: Constellations is the inaugural exhibition on the campus of the Fondation Beyeler that is to extend across the new museum building designed by Peter Zumthor (Wyss Museum) and the museum building by Renzo Piano (Beyeler Museum), as well as the expanded park and the repurposed historical buildings.

Picasso painting sold for USD 35 million at Art Basel

The Case: Blue-chip artworks dominated the opening hours of Art Basel, with major works by Pablo Picasso, David Hockney and Louise Bourgeois achieving multimillion-dollar prices at sales. The Commentary: Hauser & Wirth sold Picasso’s Le peintre et son modèle dans un paysage for USD 35 million (CHF 27 million). The…

Categories