NEWS – Christie’s Sells the Unique Patek Philippe 5208T Only Watch 2017 for CHF 6,2 Million
After the record-breaker that was the unique Patek Philippe 5016a for Only Watch 2015, which sold for an astonishing CHF 7.3 Million – at that time, before the Steel Patek 1518 and Paul Newman’s Paul Newman, the most expensive wristwatch ever – today was another potential record breaking watch for sale, the unique titanium, Minute Repeater, Chronograph, Perpetual Calendar Patek Philippe 5208T made for Only Watch 2017. The hammer fell on this lot just a few minutes ago: CHF 6.2 Million. Not a record itself, but still again an impressive amount.
Again this year, Patek Philippe brought the big guns, with a unique version of its 5208, a Minute Repeater, Chronograph, Perpetual Calendar watch, made here with a titanium case, a unique blue dial with carbon fibre-like guilloche dial and a uniquely decorated movement – coated in dark grey and with a micro-rotor guilloched with the same pattern as the dial. Once again, an ultra-complex watch, made in a unique attire for the occasion of the Only Watch 2017 Charity Auction.
This year, the auction house in charge of the sale was Christie’s and without breaking another record – which will be quite difficult to beat now, knowing the $17.7 Million achieved by Phillips and Paul Newman’s Paul Newman – this is still an extremely strong result for the auction market and, most importantly, for a good cause. After a rather short battle of fewer than 5 minutes, the price achieved by the unique Patek Philippe 5208T for Only Watch 2017 is CHF 6,200,000, which will all be given to Association Monégasque contre les Myopathies (AMM). More details on www.christies.com and onywatch.com.