At Only Watch 2011 40 magnificent timepieces were auctioned to benefit research into Duchenne muscular dystrophy, was held in Monaco at Hotel Hermitage on 23rd of September 2011 in presence Prince Albert II.
The charity auction of best 40 watches created special for occasion was huge success. The auction arranged by the Association Monégasque contre les Myopathies, Antiquorum Auctioneers and the Monaco Yacht Show, earned a whopping €4.5 million ($6.1 million).
Patek Philippe Genève, Ref. 3939 fetched the highest amount at the Only Watch 2011 and was sold for magnificent price of $1.9 Million against a wish price of about $ 0.6 – 0.88 millions.
“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.