€ 35 million raised for Only Watch 2019

The charity watch auction broke the record and hit EUR 35,106,420 with the sales of 50 one-of-a-kind timepieces for research on muscular dystrophy.

Under the High Patronage of HSH Prince Albert of Monaco, the 8th edition of the Only Watch auction was organized by Association Monégasque contre les Myopathies on Saturday 9 November 2019 at the Four Seasons Hôtel des Bergues Geneva.

The 50 lots were auctioned under the hammer of 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. The auction included a Patek Philippe lot (28) that was auctioned for the historic amount of € 28 million.

 

List of prices realised per lot

Download the press kit

Download images (© AlexTeuscher_photography)

 

Saturday 9 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.

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.

 

QUOTES

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 UVSQ-INSERM: “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.”

 

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Only Watch is a caritative biennial auction founded by Luc Pettavino that aims at raising funds to finance research to develop effective treatments for Duchenne Muscular Dystrophy, a neuromuscular genetic disease affecting nearly 1 boy 3,000 at birth. Over the past 14 years (and 7 past editions), thanks to the collective effort and generous involvement of the watch industry and the numerous partners, the initiative has raised almost 80 million euros.