Saturday 9th November was the apex of a journey on which the watch industry has embarked on with Only Watch over the past 12 months. A journey which started on July 1st by unveiling the names of the participating watch brands.
This was followed by the world tour exhibition starting at the Monaco Yacht Show in September and lasted seven weeks travelling around major cities including Dubai, Paris, London, New York, Tokyo, Singapore, Hong Kong and Taipei. An extraordinary program which underlined the ever-growing interest for the one-of-a-kind pieces donated by the brands.
Under the High Patronage and in presence of H.S.H. Prince Albert II of Monaco, Only Watch held its eagerly-awaited 8th auction of unique timepieces today at the Four Seasons Hôtel des Bergues Geneva.
The 50 one-of-a-kind timepieces were auctioned by the prestigious auction house CHRISTIE’S in a packed and dynamic saleroom, attended by international supporters, collectors, philanthropists, watchmaking manufacturer representatives and press. The sale took over two hours as interest in each lot was overwhelmingly high and concluded with a record-breaking result.
After an introductional speech given by H.S.H. Prince Albert II of Monaco, Luc Pettavino, founder of Only Watch, President of the Association Monégasque contre les Myopathies and 2019 recipient of the “Prix Spécial du Jury du Grand Prix de l’Horlogerie de Genève” reminded the audience about the good cause that would benefit from the proceeds of the auction. The auction started in a breathtaking atmosphere and lasted two hours cadenced by intense bidding sessions. The auction included a Patek Philippe lot (28) that was auctioned for the historic amount of CHF 31 000 000.
The auction raised a total of CHF 38’593’000 / €42,452,300
The record-breaking amount is a strong signal of hope for researchers, patients and families touched by Duchenne Muscular Dystrophy (genetic disease that affects 1 in 3,000 male births) around the world. Thanks to very significant investments made by Only Watch (among others) over the past decades, the research is reaching clinical trials, a critical and cost-demanding stage.
“I want to state how proud I am of the progress we’ve achieved thanks to our collective effort on Only Watch. Monaco has been the epicenter of this beautiful initiative, pioneering in innovative ways to fund research and have it move faster, further, in a more collective way too. And today, thanks to you, we are on the verge of clinical trials for a cure for Duchenne Muscular Dystrophy, with researchers working in symbiosis in Monaco, in France, in Switzerland, giving hope to thousands of boys and men around the world. (…) To all supporters of the cause…you have my gratitude.” – His Serene Highness Prince Albert II of Monaco
“Breaking records is obviously a source of pride and happiness. What a beautiful moment and emotion shared together! And what matters most today is the difference we are going to be able to make in research against muscular dystrophies and for hundreds of thousands of patients and families around the world for their lives to get better.” – Luc Pettavino, founder of ONLY WATCH and president of the Association Monégasque contre les Myopathies
“A triumph for ONLY WATCH and we like to express our sincere thank you to all participants, buyers, collectors
and supporters. It has been a fantastic 12 month-long project, 10 cities and thousands of catalogues, it is amazing to see such an enthusiastic response across the globe. We are thankful and thrilled to have contributed to raise CHF38.6 million that researchers will put to immediate use. Furthermore, Christie’s would like to congratulate Luc Pettavino, for receiving the “Prix Spécial du Jury du Grand Prix de l’Horlogerie de Genève 2019”, last Thursday, a very well-deserved distinction”, commented Earl of Snowdon, Honorable Chairman Christie’s.
THE PARTICIPATING BRANDS:
AKRIVIA GENÈVE – ANDERSEN GENÈVE – ARMIN STROM – ARNOLD & SON – ARTYA – ATELIERS DE MONACO – AUDEMARS PIGUET – BELL&ROSS – BLANCPAIN – BOUCHERON – BOVET – BREGUET – CARL F. BUCHERER – CHANEL – CHRISTOPHE CLARET – CYRUS – CZAPEK – DE BETHUNE – DEWITT – FABERGÉ – FERDINAND BERTHOUD – F.P. JOURNE – FREDERIQUE CONSTANT – GIRARD-PERREGAUX – GRÖNEFELD – H. MOSER & CIE – HERMÈS – HUBLOT – JACOB&CO – JAEGER-LECOULTRE – JAQUET DROZ – KONSTANTIN CHAYKIN – L’EPÉE – LOUIS MOINET – LOUIS VUITTON – MAURICE LACROIX – MB&F – MONTBLANC – MORITZ GROSSMANN – PATEK PHILIPPE – PIAGET – REBELLION – RICHARD MILLE – RJ – SINGER REIMAGINED – SPEAKE-MARIN – TRILOBE – TUDOR – ULYSSE NARDIN – URWERK – VOUTILAINEN – ZENITH
(Two duos, MB&F + L’EPÉE and DE BETHUNE + URWERK, respectively presented one watch that is the fruit of their respective collaboration.)
DONATIONS AND RESEARCH:
99% of donations go directly to medical and scientific research projects with administration costs running at under 1%. Thanks to these donations, the Monegasque Association against Muscular Dystrophy contributes to the development of new therapeutic avenues, some of which are on the verge of clinical trials.
A word from Aurélie Goyenvalle, Chair of Excellence HandiMedEx, researcher at the Researcher at the UVSQINSERM: “Thanks to Only Watch’s support we achieved two objectives: the first was to assemble a large field of experts on Duchenne’s disease to work together. The second was to acquire operational means to develop a new class of drugs for this disease. What did we develop? An intravenous drug that can penetrate into all muscles, heart and other tissues.”
This year, Only Watch is climate neutral! Only Watch has calculated its environmental footprint, reduced emissions as much as possible and is compensating the unavoidable emissions. A challenging endeavor in collaboration with South Pole; a leading provider of global sustainability financing solutions and services.