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Wednesday, September 28, 2011

Only Watch 2011 Raises EUR 4.5 Million For Duchenne Muscular Dystrophy

In what can only be described as a amazing end result the 2011 Only Look at Auction held in Monaco around the 23rd of September has raised a staggering EUR four.5 million for study into Duchenne Muscular Dystrophy!

The phenomenal amount raised is reflective not merely with the willingness of passionate collectors and aficionados the globe over to dig deep and give generously to this incredibly deserving cause but also with the excellent line-up of forty timepieces developed specifically for this event by some of the world's greatest watch-makers.

Leading vendor on the evening was Patek Philippe's Ref. 3939 for Only Look at an elegant timepiece in stainless-steel complete with minute-repeater and tourbillon. Maybe far more extraordinary compared to the timepiece itself nevertheless was the price it fetched, bringing in EUR one.4 million at auction and smashing the pre-auction estimate of EUR 450,000 - 650,000!

Rafael Nadal's private Richard Mille RM027 Tourbillon (the very same one he was wearing when he won the 2011 Monte Carlo championships for your seventh 12 months running) also proved common with bidders bringing in a really healthy EUR 510,000. One with the numerous - nice - surprises around the evening (in my viewpoint at least) was DeWitt's "Concept Look at No. 3 - X-Watch" for Only View, a complex timepiece featuring ambigu bi-retrograde several hours and minutes, noticeable one-minute tourbillon along with a energy reserve on the front facet with chronograph on the reverse. Although it didn't really reach its maximum "wish price" of EUR 500,000 it undoubtedly made a notable contribution to the all round total at EUR 410,000.

It absolutely was great also to find out a few of the independent players putting in massive numbers with Bernhard Lederer's BLU Only Observe Gagarin Platinum Flying Tourbillon selling to get a whopping EUR 300,000 and MB&F's playful HM No.four Thunderbolt "Flying Panda" attracting a winning bid of EUR 170,000!

For those who are interested the total price list of timepieces sold could be found here. Be warned although, the knowledge that there's only one inside the world of every of these breath-taking creations is liable to make you cry. Of course you can console yourself with the reality that this is great event which has raised a enormous amount of money for a really deserving trigger not to mention it will probably be on again in another 2 years.

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