At the Christie’s Geneva “Exquisite Watch” auction held on November 11, 2013, Lange’s only DOUBLE SPLIT with a stainless steel case changed hands for nearly 380,000 Euros. At the same auction, a LANGE ZEITWERK “Lumi-nous” limited edition (limited to 100 pieces) was sold for approximately 122,000 Euros.
DOUBLE SPLIT volume production model with platinum 950 case
DOUBLE SPLIT, released in 2004, occupies an important chapter in the history of watches and clocks. This dual chronograph chronograph is the first mechanical watch to compare chronographs during up to thirty minutes of activity. The auction sold well above the original estimate of 96,000 to 140,000 Euros, with outstanding results. This watch was sold in 2008, and the current transaction price is more than four times the original retail price of the mass-produced platinum 950 model.
LANGE ZEITWERK “Lumi-nous”
At the same auction, a LANGE ZEITWERK “Lumi-nous” limited edition (limited to 100 pieces) was sold for approximately 122,000 Euros, an increase of nearly 75% over the original retail price. This time, I believe it is the first time that this model has been auctioned publicly. Launched in 2010, this watch is equipped with a luminous jumping display and an innovative constant-power escapement, making it one of the brand’s best-selling models.
Lange watches have repeatedly achieved good results at auctions. One of the most successful examples is the TOURBILLON ‘Pour le Merite’ launched in 1994. This year, the auction price of this model is on average four times higher than the original retail price, which shows its appreciation trend. Since 2010, the average auction price for this model has tripled. Other limited-edition models of the brand, such as 1815 MOONPHASE and ANNIVERSARY LANGEMATIK made in 1999 and 2000 respectively, also have great potential for appreciation.