Patek Philippe Sets New World Record
The Only Watch 2019 auction was held on Saturday, November 9 by Christies’ in Geneva, Switzerland. The 50 one-of-a-kind watches made for the biennial auction were auctioned off to support the research into the cure of Duchenne muscular dystrophy, a genetic disorder characterized by progressive muscle degeneration and weakness. Luc Pettavino, founder and organiser of Only Watch (and winner of the 2019 GPHG Special Jury Prize): “What we do together on Only Watch is not just wishful thinking or good intentions. We are acting. The funds that we have raised over the past seven editions have been an incredible enabler for researchers all around the world to develop their science and get closer to a therapeutic solution for Duchenne Muscular Dystrophy. They have been used in the creation of biotech companies dedicated to drug discovery and preclinical development, they financed academic research.” The Only Watch auction has been held biennially since 2005. To date, the charity auctions have raised more than $40 million, and this year?s sale has just added CHF 38,593,000 to that total. Main reason:
A New World Record
The Patek Philippe Grandmaster Chime Ref. 6300A-010 (the only stainless steel version of the Swiss manufacturer?s Grandmaster Chime) was not only the most talked about timepiece in the auction, the watch, equipped with a reversible case, two dials and 20 complications, sold for CHF 31,000,000 to an Asian collector, making it the most expensive...
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