Monaco Legend Group (MLG) has once again proven its strength in the global watch market with an impressive €16.27 million sale, achieving a stellar 96.6% of lots sold..
The Autumn 2024 auction, held over the weekend of October 19th and 20th at Le Meridien Beach Plaza in Monaco, showcased rare and exceptional timepieces, attracting collectors from around the world. Le Meridien, with its stunning coastal backdrop, has become the go-to venue for MLG’s auctions, creating an ideal atmosphere for spirited bidding.
Davide Parmegiani, Co-Chairman of MLG, expressed his excitement: “Our auction’s success this autumn highlights the enduring appeal of rare watches. It’s clear that pieces with unique stories continue to captivate collectors. This sale underscores the strength of the market and reinforces our belief that the true barometer of value lies in the passion of collectors.”
The sale featured standout lots, including a Rolex Day-Date in steel from John Goldberger’s collection, which fetched €1,196,000. Another highlight was a 14 kt gold Rolex Daytona ‘John Player Special,’ selling for €1,027,000, and a rare pink gold Patek Philippe Perpetual Calendar Moon Phase, which brought in €1,222,000.
Claude Cohen, MLG’s Co-Chairman, added: “The enthusiastic participation of international bidders, both in-person and online, underscores Monaco Legend Group’s growing influence in the watch world. This event’s success is a testament to the dedication of our team and the trust placed in us by our clients.”
Founded in 2015, MLG has rapidly expanded its presence, now hosting two live auctions per year in Monaco, with the goal of increasing the number on the international scene. With seasoned experts like Davide Parmegiani and Corrado Mattarelli on board, the group continues to drive the market forward, making every auction an unmissable event for watch enthusiasts.