Auction recap / Bonhams
Bonhams London Watches Realizes £521,984 with 76% Sell-Through
A Cartier Baignoire leads the bidding as estimate discipline shows a high surprise rate.

Facts Table · market analytics
Python computed · 2025-11-12- Lots offered
- 121
- Lots sold
- 92
- Lots unsold
- 29
- Sell-through rate
- 76.0331%
- Classified sold lots
- 0
- Pending classified lots
- 92
- Classification coverage
- 0%
- Realized value
- £521,984
- Average sold price
- £5,674
- Median sold price
- £4,288
- 90th-percentile sold price
- £10,176
- Top 10% value share
- 29.2545%
- Value concentration (HHI)
- 2.06238%
- Value concentration (Gini)
- 35.6414%
- Price dispersion
- 94.7308%
- Lots within estimate
- 29.3478%
- Estimate surprise rate
- 70.6522%
- Realized / midpoint estimate
- 148.291%
Lot value ladder
select a lot to inspect its image and result
Cartier. A rare lady's 18K white gold manual wind wristwatch from the London workshops Baignoire, London Hallmark for 1970
- Estimate
- £8,000–£12,000
- Result
- £48,640
Contextual data provided by Pricing Culture Analytics; this is not an exhaustive list. Pricing Culture Analytics organizes publicly available auction data to analyze and produce insights. Source-bound lot results; calculation version pc-auction-market-facts/2.0. Metrics with incomplete or mixed-currency inputs are withheld.
Auction highlights
Estimate£8–12KSold£48,640
Estimate£12–18KSold—
Estimate£12–18KSold—
Estimate£9–12KSold£15,360
Estimate£10–15KSold—
Rolex. A stainless steel automatic calendar wristwatch Single Red Submariner, Ref: 1680, Circa 1973
Estimate£10–15KSold—
Estimate£10–15KSold£14,080
Estimate£5.5–7.5KSold£11,520
Estimate£6–8KSold£11,264
Estimate£6–8KSold£10,880
Estimate£7–9KSold£10,240
Estimate£6–8KSold£10,240
Estimate track marks the pre-sale range; the tick marks the sold price. Lot photography: Courtesy Bonhams.
Contextual data provided by Pricing Culture Analytics; this is not an exhaustive list. Pricing Culture Analytics organizes publicly available auction data to analyze and produce insights.
Bonhams concluded its London Watches sale, realizing a total of £521,984[1] with 92 of 121 lots sold, representing a 76%[1] sell-through rate. According to the official results published by Bonhams, which serves as the primary source for this sale, the auction demonstrated steady demand for vintage and modern timepieces.
The sale's pricing dynamics revealed a notable pattern in estimate discipline. Only 29.3478%[1] of the lots sold within their pre-sale estimates, while the estimate surprise rate reached 70.6522%[1]. This high surprise rate indicates that bidding frequently diverged from the initial house expectations, pushing final prices beyond the predicted ranges.
Auction highlights
Sale file- Cartier. A rare lady's 18K white gold manual wind wristwatch from the London workshops Baignoire, London Hallmark for 1970 | estimate £8,000[2] to £12,000[3][2] | sold for £48,640[2] (above the high estimate)
- Audemars Piguet. A stainless steel automatic calendar bracelet watch Royal Oak, Ref: 14790ST, Circa 2000 | estimate £9,000[3] to £12,000 | sold for £15,360[3] (above the high estimate)
- Rolex. A stainless steel automatic bracelet watch with rare early 'no hash' bezel Submariner, Ref: 6536-1, Circa 1957 | estimate £10,000[4] to £15,000[4] | sold for £14,080[4] (within estimate)
- Jaeger-LeCoultre. An 18K gold diamond and emerald set manual wind reversible bracelet watch Reverso Lady, Ref: 265.1.86, Circa 2000 | estimate £5,500[5] to £7,500[5] | sold for £11,520[5] (above the high estimate)
This performance contributes to the broader context of Bonhams' year-to-date activity, where the house has realized £88,331,418[1], maintaining a year-to-date sell-through rate of 80.8%[1].
Sources
- 01
Bonhams
London Watches - 02
- 03
- 04
- 05











