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LIP Auction Prices and Market Value

Realized auction results · updated September 2026 · sourced from 100+ auction houses

The median realized auction price for LIP is $320 and the average is $19,600, based on 5,094 verified sold lots from 1989 to 2026 across 2 categories (watches, jewelry) worldwide. These are prices items actually sold for, not asking prices.

5,094 total LIP lots tracked · record result $17.65M (Phillips)
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Median realized
$320
Average realized
$19,600
90th percentile
$10,000
Record result
$17.65M
ALT/FNDATA LIP Index
233 2005=100
Since 2005
+133%
Last full year YoY
+191.7%
Verified sold lots
5,094

LIP price trend (median realized, all categories)

2005: $258 median (n=7)2006: $2,600 median (n=19)2007: $486 median (n=106)2008: $432 median (n=38)2009: $529 median (n=86)2010: $471 median (n=91)2011: $598 median (n=53)2012: $476 median (n=68)2013: $539 median (n=74)2014: $499 median (n=62)2015: $362 median (n=70)2016: $393 median (n=118)2017: $230 median (n=101)2018: $86 median (n=69)2019: $169 median (n=116)2020: $366 median (n=174)2021: $239 median (n=509)2022: $174 median (n=539)2023: $203 median (n=573)2024: $206 median (n=553)2025: $601 median (n=1285)2026: $225 median (n=284)’07’10’13’16’19’22’25’26

The ALT/FNDATA LIP Index tracks the blended median realized price each year, 2005 = 100. How we calculate this →

LIP by category

CategorySold lotsMedianAverageRecord
Watches5,008$323$19,900$17.65M
Jewelry54$1,100$1,700$12,700

Record LIP results

PriceLotCategoryHouseDate
$17.65MPatek Philippe Watches: Decade One (2015–2025)WatchesPhillips2025-11-08
$4.44MPatek Philippe Watches: Decade One (2015–2025)WatchesPhillips2025-11-09
$2.55MA unique, superbly crafted and historically important minute repWatchesPhillips2021-11-07
$2.06M87Σ, Philippe Dufour, DualityWatchesPhillips2024-06-09
$2.03MPatek Philippe Watches: Decade One (2015–2025)WatchesPhillips2025-11-09
$1.92MPatek Philippe The Hong Kong Watch Auction: XXIWatchesPhillips2025-11-23
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No card required · built on 19.24M realized results from 100+ auction houses

Maker

Lip SA
Lip SA

Privately held, so no listed parent. Publicly owned maisons link here to their parent company profile and ticker.

Frequently asked questions

What is the average price of a LIP at auction?
The average realized auction price is $19,600 and the median is $320, based on 5,094 verified sold lots (1989-2026) across 88 vendors (ALT/FNDATA, as of September 2026).
What is the most expensive LIP ever sold at auction?
The record is $17.65M, set by the Patek Philippe Watches: Decade One (2015–2025) at Phillips.
Which categories does LIP sell in at auction?
LIP appears across 2 categories: watches, jewelry. See the table above for the median and record in each.

Source: ALT/FNDATA, 19.24M realized auction results across 37 collectible categories, normalized to USD. Methodology · All brands · Market statistics