The New York Watch Auction: XIII Courtesy of Phillips Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment The New York Watch Auction: XIII, which included the sale of filmmaker Francis Ford Coppola's custom watch, became the highest-grossing watch auction in history on Sunday. The auction's 10th anniversary for Phillips in association with Bacs & Russo also extended Phillips Watches' streak to five consecutive years of 100 percent-sold "white glove" live auctions in New York. Coppola's one-of-a-kind F.P. Journe FFC Prototype led the auction, selling for $10.8 million to an anonymous bidder on the phone. The sale marked a new world auction record for F.P. Journe and a new record for a watch by an independent watchmaker. Related Stories Lifestyle From Plush to Designer, Bag Charms Have Proven Their Staying Power -- These 18 Make the Perfect Holiday Gift Lifestyle Brunello Cucinelli Unveils Documentary on His Rags-to-Riches Story at Glamorous, Star-Studded Rome Premiere Paul Boutros, deputy chairman and head of watches, Americas, and Isabella Proia, head of sale and senior international specialist, said in a joint statement, "With over 2,000 registered bidders, we proudly closed Phillips in Association with Bacs & Russo's 10th anniversary year on an incredibly high note. Collectors responded enthusiastically to the opportunity to acquire Francis Ford Coppola's personal timepieces, achieving stellar results for all seven watches consigned by the Hollywood icon. From the record-breaking FFC Prototype, to the Chronomètre à Résonance 'FFC' that soared to $584,500, to the no reserve Breguet that sold for 15 times its low estimate, it is clear that the admiration for Mr. Coppola and his taste in watches cannot be overstated. We are honored to have been entrusted with his collection." "These successes, alongside extraordinary prices for Philippe Dufour's Duality and Simplicity No. 01, as well as rare examples from Rolex, Patek Philippe, and Omega, reaffirm the strength and depth of the global market for exceptional watches," they continued. "The remarkable results of The New York Watch Auction: XIII reflect not only the unprecedented demand for rarity and provenance, but also the tireless dedication of our team, whose expertise and passion continue to set the benchmark for excellence." After a successful first day of the auction, which saw J.P. Journe and Philippe Dufour secure nine of the top ten lots, momentum for J.P. Journe continued on day two with the $3.7 million sale of the Chronomètre à Résonance "Sincere Fine Watches" with the black mother-of-pearl dial. Phillips also sold a matching pair of timepieces made by Philippe Dufour, his Duality and Simplicity models, for more than $3 million and 1.2 million, respectively. THR Newsletters Sign up for THR news straight to your inbox every day Subscribe Sign Up Tom Cruise Didn't Get a Tom Cruise Coconut Cake? Hollywood's Other Favorite Holiday Treats Marty Supreme It's a Wrap! The Ultimate Hollywood-Themed Gift Guide Sydney Sweeney Sydney Sweeney Says Her "Silence" on American Eagle Jeans Backlash "Has Only Widened the Divide": "I'm Against Hate and Divisiveness" Status Watches Francis Ford Coppola's Custom Watch Sells at Auction for $10.8M Following Financial Losses From 'Megalopolis' shopping Time to Splurge: Eight Jawdropping Watches to Put Under the Tree Local $30,000 for a Book? At Mystery Pier, Celebrities Can't Get Enough Tom Cruise Didn't Get a Tom Cruise Coconut Cake? Hollywood's Other Favorite Holiday Treats Marty Supreme It's a Wrap! The Ultimate Hollywood-Themed Gift Guide Sydney Sweeney Sydney Sweeney Says Her "Silence" on American Eagle Jeans Backlash "Has Only Widened the Divide": "I'm Against Hate and Divisiveness" Status Watches Francis Ford Coppola's Custom Watch Sells at Auction for $10.8M Following Financial Losses From 'Megalopolis' shopping Time to Splurge: Eight Jawdropping Watches to Put Under the Tree Local $30,000 for a Book? At Mystery Pier, Celebrities Can't Get Enough