$3.9 Million Dollar Watch!

[OmegaJJH]

Titanium Patek Philippe 5004 Sells For $3,985,067 at Only Watch Charity Auction.

"Just today in Monaco, the hammer came down at the bi-annual Only Watch auction. Of course, all eyes were on the unique, completely titanium Patek Philippe 5004, and it did not disappoint. In fact, it absolutely crushed expectations and sold for a downright silly 2,950,000 euros, or $3,985,067. This is an astonishing $2,000,000 more than the beautiful 3939A minute repeater that sold last time around - and everyone thought that was crazy.

Still, not all results were so strong, and in many cases the results were below the pre-set "wish prices" as per the manufactures. Still, when one watch brings in almost $4,000,000, you'll have a good sale. In total, the sale raised over 5 million euros for charity. And you can't argue with that."

I stumbled upon this article on flipboard. Thought it would interest people on here.

[520Matt]

wow!

[OmegaJJH]

It makes the new Platinum Daytona look cheap!

[OmegaJJH]

Other results from that day.

- Lot # 1: Backes and Strauss, Victoria Princess Red Heart – € 50.000,= – € 75.000,= -> € 55.000,=
- Lot # 2: Bell & Ross, Flight Instrument Collection Orange – € 24.000,= – € 32.000,= -> € 32.000,=
- Lot # 3: Blancpain, White Dove – € 40.000,= – € 60.000,= -> € 40.000,=
- Lot # 4: Breguet, Classique Chronograph 5284 – € 100.000,= – € 120.000,= -> € 120.000,=
- Lot # 5: Chanel, Premiere Flying Tourbillon – € 150.000,= – € 200.000,= -> € 75.000,=
- Lot # 6: Chopard, L.U.C. Tourbillon Engraved – € 120.000,= – € 160.000,= -> € 65.000,=
- Lot # 7: Christophe Claret, X-Trem-1 Pinball – € 230.000,= – € 300.000,= -> € 100.000,=
- Lot # 8: Chronoswiss, The Three Apes – € 22.000,= – € 32.000,= -> € 42.000,=
- Lot # 9: Corum, Ti-Bridge 3 Day Power Reserve – € 20.000,= – € 30.000,= -> € 55.000,=
- Lot #10: Cyrus, Kambys – € 40.000,= – € 45.000,= -> € 40.000,=
- Lot #11: De Bethune, DB28 Skybridge MC – € 100.000,= – € 130.000,= -> € 95.000,=
- Lot #12: deLaCour, Red Dots – € 10.000,= – € 14.000,= -> € 16.000,=
- Lot #13: DeWitt, Twenty-8 Skeleton Tourbillon – € 250.000,= – € 300.000,= -> € 120.000,=
- Lot #14: Frédérique Constant, Double Heart – € 12.000,= – € 16.000,= -> € 13.000,=
- Lot #15: Girard-Perregaux, Chrono Hawk – € 14.000,= – € 18.000,= -> € 32.000,=
- Lot #16: Harry Winston, Midnight Big Date – € 25.000,= – € 35.000,= -> € 25.000,=
- Lot #17: Hublot, Classic Fusion Skeleton Tourbillon Red Ceramic – € 80.000,= – € 110.000,= -> € 100.000,=
- Lot #18: Ikepod, Horizon – € 5.000,= – € 8.000,= -> € 7.000,=
- Lot #19: Jaquet Droz, The Loving Buttery Fly – € 30.000,= – € 50.000,= -> € 27.000,=
- Lot #20: Julien Coudray 1518, Manufactura 1528 – € 55.000,= – € 80.000,= -> € 60.000,=
- Lot #21: Laurent Ferrier, Galet Classic Tourbillon Double Spirale – € 100.000,= – € 120.000,= -> € 130.000,=
- Lot #22: Louis Vuitton, Tambour Spin Time Regatta – € 60.000,= – € 80.000,= -> € 40.000,=
- Lot #23: Maurice Lacroix, Masterpiece Seconde Mysterieuse – € 15.000,= – € 20.000,= -> € 30.000,=
- Lot #24: Montblanc, Nicolas Rieussec Rising Hours – € 15.000,= – € 20.000,= -> € 17.000,=
- Lot #25: Patek Philippe, 5004T – € 400.000,= – € 600.000,= -> € 2.950.000,=
- Lot #26: Piaget, Altiplano Skeleton 1200S – € 40.000,= – € 60.000,= -> € 42.000,=
- Lot #27: Richard Mille Tourbillon Prototype Yohan Blake – € 450.000,= – € 500.000,= -> € 350.000,=
- Lot #28: Roger Dubuis, La Monégasque – € 120.000,= – € 160.000,= -> € 70.000,=
- Lot #29: Armin Strom, One Week Skeleton Water – € 35.000,= – € 40.000,= -> € 32.000,=
- Lot #30: Ulysse Nardin, Marine Chronometer Manufacture – € 30.000,= – € 40.000,= -> € 45.000,=
- Lot #31: Vacheron Constantin, Patrimony Traditionnelle World Time – € 90.000,= – € 120.000,= -> € 100.000,=
- Lot #32: Van Cleef & Arpels, Lady Arpels une journée a Monaco – € 80.000,= – € 100.000,= -> € 60.000,=
- Lot #33: Zenith, Stratos Flyback tribute to Felix Baumgartner – € 40.000,= – € 160.000,= -> € 45.000,=
Including Lot #34, 14 bottles of vintage Lanson champagne (€ 36.000,=) the total result of the auction is ended at a stunning € 5.066.000,=.
Most of the auction results were a bit disappointing and sometimes far below the estimates, however happily the show stopper saved the total results.

[SearChart]

Originally Posted by OmegaJJH

Other results from that day.

Interesting Thanks for sharing.

[codecow]

Not really that surprising given the brands. Happy to see the VC sell within the estimates.

[bayerische]

Well, I guess it's worth whatever someone is willing to pay.

[Trouble15]

Originally Posted by bayerische

Well, I guess it's worth whatever someone is willing to pay.

Very true, as so with virtually all 'trades'.

[Hairdude1]

That is crazy, thanks for this