The Phillips Auction in Geneva is setting a new record every day! After record sales for brands like Rolex and Omega, another brand A. Lange & Söhne, has a new auction record with their 1815 “Homage to Walter Lange” watch having sold for US$ 852,414.
This exceptional timepiece was dedicated to company founder Walter Lange, who passed away in 2017 and it features a jumping sweep-seconds mechanism, black enamel dial segment and stainless-steel case. All proceeds from the sale of the watch will go to the Children Action Foundation – a Swiss-based aid organisation that helps promote the physical and emotional well-being of disadvantaged children and young people in eight countries around the globe.
Lange CEO Wilhelm Schmid said, “The result went well beyond our expectations. I’m particularly pleased that we can make a major contribution to Children Action’s important work, just as Walter Lange intended. The fact that the watch auctioned for such a high amount is not only a reflection of the increased value of A. Lange & Söhne watches, but also the worldwide community of collectors’ huge admiration for Walter Lange.”
As an aside for anyone interested in the watch, this steel edition was a one off, but other editions will go on sale this autumn. The brand has created 27 yellow gold versions, 90 rose gold versions and 145 white gold versions of the 1815 “Homage to Walter Lange” watch.