Only Watch 2011 Charity Auction earns $6.1 million

As the most awaited biennial Only Watch Charity Auction drew curtains, the fourth edition featuring 40 unique timepieces was a rippling success. The auction arranged by the Association Monégasque Contre Les Myopathies, Antiquorum Auctioneers, and the Monaco Yacht Show earned a whopping €4.5 million ($6.1 million). Prince Albert II of Monaco overlooked the proceedings, and the €4,563,000 ($6,176,475) would benefit from research on Duchenne Muscular Dystrophy. Of the 40 watches sold, here is how the sales panned out for unique and interesting pieces featured on Luxurylaunches.

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The 2011 HM4 Only Watch, or the Horological Machine No.4 Thunderbolt “Flying Panda” fetched €170,000 ($2,30,110).
The Urwerk UR-103 Phoenix earned €55,000 ($$74,450), while the Chopard L.U.C Engine One Tourbillon fetched €35,000 ($$47,375).
Nadal’s Richard Mille RM027 was a runaway hit as it earned €510,000 ($$6,90,335), the second biggest sale of the day, behind Only Watch Patek Philippe, Genève that earned a staggering €1,400,000 ($18,95,040).
The Hublot Oceanographic 4000 earned €33,000 ($44,670), while the LV Tambour Diver Chronograph earned € 35,000 ($47,375).
Ulysse Nardin’s Freak Diavolo fetched €125,000 ($1,69,200) and the Corum Golden Bridge Automatic earned €50,000 ($67,680).
The Chanel J12 Diver earned €21,000 ($28,425).
The Piaget Altiplano Skeleton commanded €54,000 ($73,095) while the Frederique Constant Family Set fetched €22,000 ($29,780).


Rounding up our picks of the season are the Maurice Lacroix Masterpiece Roue Carrée Seconde at €11,000 ($14,890); Vacheron Constantin Metiers d’Art Perspectives d’Art at €90,000 ($1,21,825) and the Van Cleef & Arpels “From the Earth to the Moon” at a whopping €215,000 ($2,91,024).
All prices are inclusive of the buyer’s premium.
Thanks Michelle Halpern

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