Photo Report: Watch Spotting At Monaco Legend Group's Fall 2025 Auction

Editor’s pick — Accessory quick take: key highlight (movement/specs for watches, materials/finish, limited run, pricing tier) in 1–2 lines.

After a brief break from the auction action in Monaco, I returned this fall to visit some friends and take a look at a few watches. I knew there were some great items on offer, but I didn’t expect that I’d witness a record for the Rolex ref. 6062 (taking down the famous Bao Dai). Bidding €4.25 million on a watch is something few people in the world will ever do, but attending an auction in person is a great way to learn bidding tactics and see who the major players are. It’s also a great way to see many watches—both those for sale and those on collectors’ wrists—and learn a lot in the process.

Rolex Day Date Rubies Diamonds

If you know those bracelets, you know the owner of the watch above. That’s Mr. A with a ruby and diamonds Rolex Day-Date ref. 18148

As has become tradition, before the auction I had breakfast with Auro Montanari, aka John Goldberger, and then made our yearly portrait.

He was wearing a Cartier Tank Rectangle from Paris on a beautiful 9 link bracelet.

Cartier "Steve McQueen"

A Cartier Tank Allongee “Steve McQueen” that Montanari was selling. I was tempted to purchase it, depending on how some auction lots played out, but by Sunday, it was already sold. A lot of business gets done not necessarily on the auction floor but also in the side rooms and on the terrace outside.

Monaco Legend Group

This year I took it a bit lighter on searching for photos. If you’ve followed Hodinkee, you’ve seen these auctions before, so we started on Saturday, with half a day for previews (after two full days prior) and half a day for auctions.

Looking at the catalog

Checking out the auction catalog and making notes

6264 John Player Special

Monaco Legend Group’s Deputy Chairman, Corrado Mattarelli, wearing his trusty Rolex ref. 6264 “John Player Special” Daytona. This is one of my all-time top five favorite watches, and it makes me happy to see Mattarelli wearing it every time I see him.

Cartier

A very interesting Cartier Tank Normale with yellow gold hands.

Universal Geneve

A unique 18k gold oval-shaped with faceted crystal Universal Genève, 1955, picked up by Auro Montanari from Parisian dealer Philippe Colonna.

Leo Povey

You might know Ross Povey (aka @tudorcollector). Well, this is his son Leo, who is still in school but working at the auction and helping find lots for people to preview.

Custom PVD big block

He was wearing a customized vintage Tudor chronograph that had been PVD-coated.

MLG
Daytona

Wouldn’t be Monaco without another Paul Newman Daytona (or two).

IWC Destriero Scafusia

An IWC Destriero Scafusia or “Warhorse of Schaffhausen” in white gold with a diamond-set bracelet, made on special order for the Sultan of Brunei.

Patek ref 1518

Checking out one of the two Patek ref. 1518s that was in the auction. This one had an unusual transitional dial signature.

Patek ref 1518
Patek ref 1518

Lots to look at, even on a small watch.

Patek Ref. 2523/1 and ref. 3448

One of the collectors, who has become a friend over the past few years, likes to double-wrist complicated Pateks. We’ve seen him do it before with some wild watches, like a 2499 and 5970J with a Tiffany stamp. Here he is with a Patek 2523/1 on top and a most likely unique ref. 3448 with Breguet numerals and luminous hands/dots (which he bought in May at another MLG auction).

Patek ref. 3448

A closer look at that likely unique Patek ref. 3448 in white gold, which he bought for CHF 2.18 million.

Patek ref. 2523/1

And one of the coolest case shapes on a worldtimer, the Patek ref. 2523 with a case made by Antoine Gerlach.

Daytona 116588SARO

A Rolex Daytona ref. 116588SARO worn by dealer Andrea Foffi.

15204RO

Audemars Piguet “Jumbo” Openworked ref. 15204RO

Tudor blue chronograph

Now for something completely different, the Tudor Black Bay Chronograph “Flamingo Blue.”

G-Shock

Watches of all makes and models are welcome, including G-Shocks.

Dino

As is tradition, MLG parked a car on the second floor outside the auction, this time a rare white Dino. 

Patek

A rare Patek ref. 2554. Sometimes the front angle is great…

Patek

… but it’s only half the story.

Chopard
Three watches
Neimann Marcus cuff

Here’s one I haven’t seen before, a Neimann Marcus cuff watch.

Cuff from Verger

And another bracelet watch made by Verger, which is a little reminiscent of the Van Cleef & Arpels Cadenas.

Mido

Even more unusual, a strange Mido meant to look the the front of a vintage car. Well, the car wasn’t so vintage when the watch was made. The unusual combo of grey dial, rose numerals, and yellow gold hand and case made this quite interesting.

Baignore and Piaget
Piaget Beta 21

My friend Srðan Stević wearing a unique Piaget Beta 21 in white gold with a lapis dial and really interesting hatched finishing on the case. It looks like a mix of meteorite and herringbone.

Omega Dynamic

A gold Omega Dynamic

Patek Top Hat

Patek ref. 1450 “Top Hat”

Cartier Santos Octagon

A Cartier Santos Octagon in yellow gold with diamonds and Onyx dial.

Rolex

A Rolex ref. 4652 Cellini with mahogany dial.

3448

Let’s revisit the hero image of the photo report. It’s rare to see two white gold ref. 3448 Pateks in one day, but two on bracelet is another thing entirely. Claudio Salvati is often wearing a Patek 3448 and this time he had one on the factory bracelet. Who cares if the day window hasn’t fully rolled over? It’s amazing.

Patek
AP Royal Oak QP

Where it all started for the Royal Oak perpetual calendar, the ref. 25554ST.

Gübelin

A Gübelin triple calendar. This was sold off this wrist right after the photo. The exchange went: “Gübelin?” ‘Yes.” “Okay, put it on my invoice.”

Vacheron Triple Calendar

A pink gold Vacheron Constantin Ref. 4240L (L for Lune, or moon in French).

Vacheron case side

Look at that case shape and the mix of brushing and polishing.

Rolex 6542 GMT-Master

A Rolex ref. 6542 GMT-Master in yellow gold.

Rolex pocket watch

All but ignored by most collectors, the wonderful Rolex Prince Imperial pocket watch.

Group shot

One of the hardest shots to make in watches, the four arm group shot.

Let’s look at them individually. We’ve got Mido, Movado, and…

A Rolex Bubbleback.

Watches

There’s also a Cellini and Day-Date.

This Longines Mystery Dial had a cool bracelet that, while not original…

… expanded in a really interesting way.

Genta QP

Gerald Genta.

Naoya Hida

I wasn’t expecting to see this duo from Japan. A Naoya Hida.

Otsuka Lotec

And an Otsuka Lotec.

Rolex Oysterquartz Day-Date Perpetual Calendar prototype

Here’s an oddity. A Rolex Oysterquartz Day-Date Perpetual Calendar prototype. Yes, they made such a thing, kind of. It was a prototype that should have never left the factory, but due to some legal quirks, it did end up on the market.

AP Code 11.59 Aventurine

An Audemars Piguet Code 11.59 Perpetual Calendar with a starry aventurine dial.

Rolex  ref. 6098 "Galaxy"

And a different kind of star dial, the Rolex  ref. 6098 “Galaxy”.

Rolex Bombay

A possibly unique Rolex ref. 6090 “Bombay,” with an unusual dial configuration. The “Bombay” got its nickname for its twisted bombé lugs.

Day-Date

There’s something about a marble dial Rolex Day-Date that feels very Italian.

Daytona

A very tropical Rolex Daytona ref. 6239.

Daytona

And an early ref. 6241 Daytona in gold.

UAE Hawk Daytona

How about a Rolex “Hawk” Daytona for the U.A.E.?

Paul Newman Daytona

And another Paul Newman Daytona.

Daytona

Rolex Daytona “Eye of the Tiger” ref. 116598TBR.

GMT-Master II

A Rolex GMT-Master II ref. 116578SARU (sapphires and rubies).

Day-Date

A lapis dial Rolex Day-Date.

Day-Date

A very striking teal blue dial on a Rolex Day-Date.

Robin Mann Patek

Robin Mann wearing a Patek ref. 1527 with tropical dial.

Patek 3990

Roberto Caso with an incredible and unique Patek Philippe ref. 3990.

Patek Nautilus

Not all Nautilus have to be big to be great. This looks just perfect.

Patek 570

A wonderful Patek ref. 570 with Breguet numerals.

Patek 1463 Serpico

Another highlight for me, a really wonderful Patek ref. 1463 signed by Serpico y Laino.

Patek top wind

A tiny little top-crown Patek with sector dial, signed by Cucco.

Patek

A gorgeous steel Patek ref. 565 with a lot of great details. The multi-tone dial has Roman numerals and a nice long signature.

Patek 5004P

A rare and nearly new-old-stock variation of the Patek Philippe ref. 5004P. Platinum 5004s are more often seen with black dials featuring Arabic numerals.

<p>What it looks like when Claude Cohen is about to hammer on a €500,000+ Day-Date. "I am selling."</p>
<p>"... fair warning..."</p>
<p>"Sold!"</p>

Gerald Genta

Some more Gerald Genta action, this time with some bling.

Richard Mille 67-02

Richard Mille 67-02

Richard Mille

The RM 27-03 Rafael Nadal Tourbillon in Red and Yellow Quartz TPT.

Patek 5207

When you’re in good standing with the auction house, on special occasions, you can pick up your lots before the auction is over. This collector normally buys … well… you can guess. But this time he picked up this Patek Philippe ref. 5207P at the auction.

Alessandro

Forget the watches. Dogs are where it’s at. But Mr. A had a special idea with a color-coordinated watch.

Getting a dog to wear a watch is not easy.

But it can be done.

Cartiers

Two vintage sub-seconds Tanks are incredibly rare.

Patek 130

Finally, Roberto Caso again wearing a Patek ref. 130 signed by Tiffany.


Source: www.hodinkee.comoriginal article published 2025-10-24 17:00:00.

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