Know what to give, know when to buy

8 Collector's Watches from Michael Schumacher
Collections • Collections

8 Collector's Watches from Michael Schumacher

» Photo Credit » Michael Schumacher's watch auction

Aurelia

24 November 2024

3 min 65 views

Michael Schumacher's Watch Auction: 8 Collector's Watches Sold for Nearly €4 Million

The world of collectors and fine watchmaking enthusiasts was shaken this Tuesday in Geneva by an exceptional auction orchestrated by Christie's. Eight collector's watches belonging to Michael Schumacher, the iconic Formula 1 champion, found buyers for a total amount exceeding 4 million Swiss francs, or nearly 4 million euros. This event marks a significant milestone, coinciding with the thirtieth anniversary of Schumacher's first world championship title.

An Iconic Collection

Michael Schumacher, a passionate collector until his severe skiing accident in December 2013, owned watches of great rarity and priceless value. Two of the timepieces put up for sale on Tuesday are unique pieces manufactured for the F1 driver and given to him as Christmas gifts by Jean Todt, his team principal at Ferrari.

Key Pieces of the Sale

In detail, while some of these watches are unique pieces offered by his former Ferrari boss and close friend Jean Todt, it was the vintage Patek Philippe (Ref. 1518 pink on pink from 1948) that fetched the highest price, at 2,465,000 Swiss francs, or 2,524,160 euros. This rare watch is one of only 58 examples in rose gold and one of 12 with a pink dial, intended for the Latin American market with a day and month calendar in Spanish.

F.P. Journe Vagabondage 1: The pièce de résistance, a Vagabondage 1 from the F.P. Journe house, features a unique dial adorned with the Ferrari emblem and 7 "v"s symbolizing Schumacher's seven F1 world championship titles as well as his helmet. Estimated between 1 and 2 million Swiss francs, it sold for 1.497 million Swiss francs (approximately 1.533 million euros).

"Photo Credit" Michael Schumacher's watch auction
» Photo Credit » Michael Schumacher's watch auction

F.P. Journe Ruthenium Collection: A rare complete collection of five F.P. Journe Ruthenium pieces, including a presentation box embossed with the driver's name, was also put up for sale. The watches were sold separately but acquired by the same buyer for a total of over 1.7 million Swiss francs (approximately 1.7 million euros).

Global Success

In total, the sale of Schumacher's watches grossed 22,821,050 Swiss francs (approximately 23.3 million euros). "These results demonstrate the passion of international collectors for exceptional timepieces," commented Rémi Guillemin, Head of Watches for Europe, Middle East, Africa, and America at Christie's. He highlighted strong global participation, with marked interest originating from the Americas.

An Emotional Tribute

Thirty years after his first world championship title in 1994, this auction underscores Schumacher's enduring legacy in the worlds of motorsport and watchmaking. Each watch sold carries a piece of the legendary driver's history, making these pieces not only precious but also highly symbolic for collectors.

The auction of Michael Schumacher's watches was a major event, revealing not only the value of fine watchmaking pieces but also Schumacher's lasting impact on fans and enthusiasts worldwide.

About the author

Aurelia

Aurelia founded Orzyla, a magazine devoted to jewellery and accessories.

Comments

Comments are coming soon.

Advertisement