Contact Us 0208 886 1008

$10m watches all sold at auction, including record-breaking Patek Phillippe

November 13, 2017 in Luxury Watches Watch Auction

49 unique watches went up for auction by Christie’s Auction House in Geneva as part of the only pure-charity watch auction,  Only Watch 2017.  This year, the auction totaled  10.776 million Swiss Francs, with three specific watches as the biggest draw.  The one-of-a-kind Patek Phillipe watch sold for CHF 6.2 million, the F. P. Journe watch sold for CHF 1.15 million, and the Audemars Piguet Royal Oak Perpetual calendar finished with a final price of CHF 800,000.

Patek Philippe 5208T

For the second time in a row at Only Watch, a Patek Phlippe watch was the top star. Back at the last Only Watch auction in 2015, a Patek Philippe 5016a sold for an amazing CHF 7.3 million (which held the record for the most expensive wristwatch ever sold until the sale of the recent Paul Newman watch that sold for $17.7 million).  Now, the unique titanium Minute Repeater Chronograph Perpetual Calendar Patek Philippe 5208T watch made for the 2017 Only Watch, took the top bid, with a hammer price of  CHF 6.2 Million. The stunning watch features a unique blue   guilloche’ dial and a specially finished and decorated movement coated in dark gray. The watch sold in just under five minutes.

Patek Philippe watch auction

Audemars Piguet Royal Oak Perpetual Calendar Only Watch

Coming in third with a hammer price of $800,000, the Audemars Piguet Royal Oak Perpetual Calendar Only Watch has a unique color combination. The Grande Tapisserie dial is a dark sky blue with polished subdials in gray gold and an orange-hued moon to indicate the phases in a disk at 6 o’clock.  The Royal Oak case, bezel and bracelet are all created in black ceramic. The watch was expected to fetch between 80,000 and 100,000 CHF, and finalized on 8 times as much its expected estimate.