26.7 C
Dubai
Thursday, December 2, 2021

Prince Albert II at the initiative of Luc Pettavino, the biennial auction of unique timepieces “Only watch” is back with it’s 9th edition.

Must read

Only watch which conducted its 9th edition of a biennial charity auction of luxury timepieces in Geneva 2021, raising CHF 30 million, over $32 million for the noble cause of research on Duchenne Muscular Dystrophy.
During 9 editions of Only Watch which gets held once every two years a total of $110 million has been raised for research.


Prince Albert II of Monaco declared open the 9th Edition of Only Watch, adding “We don’t often take the time to reflect on the progress that’s been made. But today, we should: we’ve come a long way. We are at the dawn of a clinical trial of a therapeutic solution that’s been elaborated thanks to ONLY WATCH’s funding. In the very near future, 12 boys and young men will be given a drug that researchers believe will alleviate the disease. To you all and Only Watch community… you have my gratitude.”
For Only Watch 2021, There were 54 flawless utterly unique timepieces from the biggest and most daring brands in the business, all in for charity. With 99% of the proceeds going to the cause, and 1% going to Christie’s to cover the cost of the global preview tour, digital promotions, auction catalogs, and the actual auction on 6th of November 2021 which took place in Geneva with a record 850 people in attendance who cheered on as the watch collectors contributed $32.1 million in just over three hours to their humble contributions towards this good cause and a better future.
Luxury has always been the standard for this auction with generous bidders combined with Collectors, philanthropists, lovers of beauty gatherings on this occasion. The highlight was, as expected, the Patek Philippe complicated desk clock inspired by one made in 1923 for America’s most famous watch collector, James Ward Packard. It was sold for $10,421,500 million after a 15-minute bidding war that began at $3 million. As the price climbed, the bidding came down to two contenders—one in the room and the other on the phone with Christie’s team member Bob Xue. The room cheered the two bidders on, calling out, “Come on, Bob!” as his client and the collector in the room drove the price up intensely spaced increments. When the hammer finally came down in favor of Bob’s telephone bidder, one enthusiast shouted, “We love you, Bob!”.
The Patek Philippe Complicated Desk Clock raised one-third of this charity amount. This is not so surprising because the piece is a true mechanical marvel, while a desk clock not being a part of Patek Philippe’s regular collection.


Ghizlane Sekak, who is popularly known as Gigi Cherqaoui through her social media platforms, is one of the famous content creators & Miss Arab 2018.
Gigi Cherqaoui was the only Arab influencer who attended the only watch event. She shared the canvas with industry-recognized people known for refined neo-classicism which they’ve reflected through their work in terms of mechanical efficiency like Maximilian Busser of MB&F, Laurent Ferrier, the man behind this noble cause Luc Pettvino and alongside His Serene Highness Prince Albert II.
The auction wouldn’t have been completed by Bovet‘s charming Miss Audrey Sweet Fairy watch which without a doubt was the sweetest watch at the auction. Not only because it achieved CHF 180,000 for the fight against Duchenne Muscular Dystrophy but also because the dial featured a miniature painting made of sugar.

- Advertisement -spot_img

More articles

- Advertisement -spot_img

Latest article