Only Watch 2011 Raises €4,563,000 to Support Duchenne Muscular Dystrophy Research

Only Watch 2011 Results

The fourth edition of the biennial Only Watch Charity Auction was held at the Hotel Hermitage in Monaco on September 23, in the presence of H.S.H. Prince Albert II of Monaco. The sale brought an outstanding €4,563,000, doubling the 2009 results. The auction room was full and the sale generated intense internet and telephone bidding from around the world. Ronnie Wood from the Rolling Stones attended to show his support for the cause. Find complete results and images of the top five lots inside.

Below, left to left to right in the foreground: Ronnie Wood, Luis Garcia (Directeur de Recherche CNRS), Philippe Ferreyrolles, Monique Pettavino, HSH Prince Albert II of Monaco, Tess Pettavino, Gaëlle Tallarida (Managing Dierctor Monaco Yacht Show), Peter Rigby (Chief Executive Informa), Paul Pettavino, Luc Pettavino (President AMM) Photo: © Claude Charvin
Only Watch 2011

“Only Watch is a fabulous event. The amount raised by the auction has doubled to €4.5 million! But what is also great with Only Watch is that we are all united by human warmth and solidarity”, said Paul Pettavino a 15 year old teenager affected by Duchenne Muscular Dystrophy.

The 2011 total equals about $6,150,000, far exceeding the 2009 sale, which realized €2,285,500 or just over $3,000,000 at current exchange rates.

“With €4.5 million, the auction result is more than exceptional. Only Watch 2011 is the fruit of an excellent collaboration between watch manufactures, partners, media, organizers… but it is first and foremost an outstanding work done by men and women coming from very different horizons who joined their energies to create hope in research on Duchenne Muscular Dystrophy”, declared Luc Pettavino, President of the Association Monégasque contre les Myopathies and founder of Only Watch.

After the auction, H.S.H Prince Albert II of Monaco thanked everyone for their work and support.

Only Watch 2011 Results

The auction proceeds will enable continued research, scientific roundtables and International Collaborative Effort (ICE). Children and young adults suffering from Duchenne Muscular Dystrophy can seriously hope to benefit from the scientific and medical research focused on developing treatments as fast as possible.

Organized by the Association Monégasque contre les Myopathies, Antiquorum Auctioneers and the Monaco Yacht Show, together with the invaluable support of 40 of the most prestigious and innovative watchmakers, the auction concluded a series of preview exhibitions that took place in Bangkok, Singapore, Hong Kong, Shanghai, Beijing, Tokyo, Los Angeles, New York, Milan, Geneva and Monaco (during the Monaco Yacht Show).

“The amazing outcome achieved today is the result of a perfect combination of the involvement of 40 of the world’s greatest watchmakers that have come together to offer a collection of exceptional and unique timepieces, an impressive and intense world tour with previews in the right locations to reach out to watch aficionados and connoisseurs, as well as our continuous and considerable efforts in raising awareness among the collectors”, commented Julien Schaerer, Managing Director and Auctioneer at Antiquorum Geneva.

The top five lots were…

Lot 30: A unique Patek Philippe Ref. 3939 manual winding minute repeater with tourbillon in stainless steel. This piece brought €1,400,000 against a wish price of €450,000 to €650,000.

Patek Philippe Ref. 3939 for Only Watch

Lot 32: The Richard Mille RM 027 Tourbilon worn by Rafael Nadal when he won the 2011 Monte Carlo championships for the seventh year running. Fine and unique, very light, tonneau shaped and curved, prototype carbon, titanium and Lital wristwatch with visible one-minute tourbillon regulator. This piece brought €510,000.

Richard Mille RM 027

Lot 15: DeWitt Concept Watch No. 3 – X-Watch. A unique reversible, titanium and steel automatic wristwatch with double bi-retrograde hours and minutes, visible one-minute tourbillon and power reserve on the front side, chronograph on the reverse. This piece brought €410,000.

Only Watch 2011 Results

Lot 4: BLU Gagarin Platinum Flying Tourbillon. A unique platinum wristwatch celebrating the 50th anniversary of Yuri Gagarin’s historic flight in space with 108-minute orbiting one-minute flying tourbillon, integral rotating magnifying glass, and 18K gold hand-engraved map of the world dial. This piece brought €300,000.

Only Watch 2011 Results

Lot 38: Van Cleef & Arpels, Poetic Complication “From the Earth to the Moon”, Pièce Unique. An 18K white gold retrograde wristwatch with champlevé enamel dial. This piece realized €215,000.

Only Watch 2011 Results

Complete sale results appear below. View the sale catalog for more information about the lots here.

Only Watch 2011 Results

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    About Mike Disher

    My name is Mike Disher and I am WatchTime's technical editor. My interest in watches dates to 1972 and I caught the internet bug in 1997. In 1999 I combined these interests by joining TimeZone.com as its first full-time employee, and later that year I attended my first Basel Fair. I managed TZ from 2000-2007, and in 2008 I joined WatchTime.

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