Geographic Analysis

Watch Sales by Country in 2023

Geographic breakdown of 8,981 watch auction sales

Updated 2025-12-31
$266,640,585 Total Sales Value
8,981 Watches Sold
9 Countries
$29,689 Average Price

Top Countries by Sales Volume

United States 2,030 sales
$63,726,699 total 22.6%
Switzerland 1,756 sales
$103,021,052 total 19.6%
Hong Kong 1,573 sales
$58,418,643 total 17.5%
United Kingdom 1,457 sales
$13,078,740 total 16.2%
France 854 sales
$13,594,572 total 9.5%
Austria 459 sales
$1,412,825 total 5.1%
Monaco 411 sales
$12,174,710 total 4.6%
Italy 308 sales
$593,602 total 3.4%
- 133 sales
$619,742 total 1.5%

All Countries

Rank Country Total Sales Total Value Avg Price Max Price % of Sales
1 United States 2,030 $63,726,699 $31,392 $1,117,600 22.6%
2 Switzerland 1,756 $103,021,052 $58,668 $4,127,517 19.6%
3 Hong Kong 1,573 $58,418,643 $37,138 $911,994 17.5%
4 United Kingdom 1,457 $13,078,740 $8,976 $438,417 16.2%
5 France 854 $13,594,572 $15,919 $487,884 9.5%
6 Austria 459 $1,412,825 $3,078 $42,479 5.1%
7 Monaco 411 $12,174,710 $29,622 $553,159 4.6%
8 Italy 308 $593,602 $1,927 $26,808 3.4%
9 - 133 $619,742 $4,660 $109,252 1.5%

Top 10 Sales in 2023

#1

Rolex

Phillips Geneva, Switzerland 2023-05-14
$4,127,517
#2

Patek Philippe

Phillips Geneva, Switzerland 2023-11-04
$2,803,775
#3

Patek Philippe

Phillips Geneva, Switzerland 2023-05-14
$2,638,702
#4

Rolex

Phillips Geneva, Switzerland 2023-05-14
$2,503,356
#5

Rolex

Phillips Geneva, Switzerland 2023-11-04
$2,336,387
#6

Patek Philippe

Phillips Geneva, Switzerland 2023-11-04
$2,323,033
#7

Unsigned

Phillips Geneva, Switzerland 2023-05-14
$1,420,582
#8

Unsigned

Phillips Geneva, Switzerland 2023-11-04
$1,261,450
#9

F.P. Journe

Phillips Geneva, Switzerland 2023-11-04
$1,191,370
#10

Patek Philippe

Phillips New York, United States 2023-06-11
$1,117,600

Monthly Sales Trend

Jan 427
Feb 539
Mar 439
Apr 345
May 1,716
Jun 706
Jul 663
Aug 167
Sep 572
Oct 455
Nov 1,814
Dec 1,138

Explore Other Years

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