Over the weekend, the ninth edition of the Only Watch charity auction took place. The biennial auction, which benefits research for Duchenne muscular dystrophy, was held for the first time at the Palexpo Geneva this year.
With Christie’s conducting the auction, the event raised CHF30 million (S$44.42 million) from the sale of 53 unique timepieces from 54 leading watch brands. This brings the total amount raised by the nine editions of Only Watch to over CHF100 million. In the latest edition, five timepieces smashed the CHF1 million mark. (Note that there is no additional buyer’s premium for this auction.) Here are the five priciest pieces.
01: Complicated desk clock by Patek Philippe — CHF9.5 million
The most expensive piece was not a wristwatch, but a complicated desk clock, Ref. 27001M-001. Housed in a sterling silver cabinet with vermeil decorative elements and American walnut inlays, the clock is inspired by one that Patek Philippe made for automobile magnate James Ward Packard in 1923. Powered by a new calibre, Ref. 27001M-001 features a perpetual calendar, moon phases, week-number display and 31-day power reserve indication; and has a precision rate of -1/+1 second a day. It measures 164.6 by 125 by 76.3mm.