Auction Only Watch Auction 2024 with Waqt

The highly anticipated Only Watch auction finally took place yesterday at PALEXPO in Geneva, marking the culmination of a delay stemming from a financial audit and organizational rumors since its original scheduling last November. Despite the setbacks, the event drew considerable attention, with numerous prestigious brands poised to showcase their offerings.

Among the 47 remarkable timepieces from 52 brands, up for grabs, standout pieces included the singular Patek Philippe 6301A Steel Sonnerie Minute Repeater, Kari Voutilainen's exquisite creation, Rexhep Rexhepi's Chronometre, Richard Mille's pioneering necklace watch, and distinctive submissions from Bulgari, Genta, Journe, and Angelus.

However, the auction encountered an unexpected twist as the Christie's website, designated for online bidding, faced IT security issues. Consequently, the auction house promptly informed participants that bidding would be limited to phone or in-person transactions, while the website remained inaccessible at the time of writing.

Despite these challenges, Only Watch 2024 achieved remarkable success, raising CHF 28,320,000 through the sale of all 47 timepieces—a figure comparable to the CHF 29,740,000 generated by the 2021 edition, which featured 53 lots. Notably, as a charitable auction, no buyer's premium was applied, ensuring that the final price reflected the hammer price directly.

The Spring watch sales event drew over 500 attendees including collectors, brands, journalists, and influencers worldwide. It commenced with speeches by Tess Pettavino, Managing Director of the AMM, and Luc Pettavino, Chairman of the non-profit organization, who shared a message from H.S.H. Prince Albert II of Monaco. The Christie's auctioneer then took the stage, leading a dynamic auction that captivated the audience for over two and a half hours, showcasing twists, surprises, and suspense to a dedicated and enthusiastic.

Now, let's delve into the fascinating array of prices realized during this philanthropic endeavor.

Patek Philippe 6301A: CHF 15.7 Million 

The timepiece that contributed over half of the auction's total proceeds. As is customary, Patek Philippe took center stage at this year's Only Watch event. Leading the showcase was a one-of-a-kind Grande and Petite Sonnerie minute repeater crafted in steel, featuring a hand-guilloché dial. The unique Patek was initially valued at CHF 1.5–1.8 million.

Bidding commenced at CHF 5 million, swiftly escalating to 8 million, then 10 million, before gradually tapering off and concluding at CHF 15.7 million.

Detailed article about the watch, here

Richard Mille RM S14 Talisman  CHF 2.38 Million

The inaugural necklace piece from Richard Mille takes the second spot. The RM "Talisman" ultimately commanded a sale price of CHF 2.38 million.the Estimated price was CHF 600.000 – 800.000.

Detailed article about the watch, here

Rexhep Rexhepi's Chronometre Antimagnétique: CHF 2.1 Million

The distinctive steel Rexhep Rexhepi Chronometre Antimagnétique garnered significant attention, ultimately fetching CHF 2.1 million following an intense bidding battle. With bids swiftly soaring to CHF 750,000, this marks a remarkable achievement for the burgeoning independent talent. while the Estimated price was CHF 100.000 – 150.000.

F.P. Journe Chronometre Bleu Furtif: CHF 2 Million

F.P. Journe consistently stands out at Only Watch, leveraging the event as an opportunity to unveil innovative movements. This year, Journe seized the moment to debut the new caliber 1522, featuring a power reserve and moonphase displayed on the reverse side. Showcased within the tantalum Chronometre Bleu Furtif, this caliber fetched a staggering CHF 2 million at auction. the estimated price Estimate: CHF 200.000 – 400.000.

Here's the list of the other watches has been sold till now:

• Krayon Anywhere Only Watch 2023
  • Estimate: CHF 150,000 – 250,000
  • Result: CHF 440,000
• H. Moser x MB&F Streamliner Pandamonium
  • Estimate: CHF 200,000 – 400,000
  • Result: CHF 380,000
• Hublot Takashi Murakami Tourbillon Only Watch
  • Estimate: CHF 350,000 – 400,000
  • Result: CHF 420,000
• Jaquet Droz The Rolling Stone Automation Only Watch
  • Estimate: CHF 250,000 – 300,000
  • Result: CHF 150,000
• Reservoir x Telos Watch Only Watch 2023
  • Estimate: CHF 50,000 – 60,000
  • Result: CHF 55,000
• Piaget Polo Skeleton Arty
  • Estimate: CHF 50,000 – 80,000
  • Result: CHF 105,000
• Atelier de Chronometrie AdC30 Only Watch
  • Estimate: CHF 50,000 – 70,000
  • Result: CHF 115,000
• Bovet 1822 Orbis Mundi
  • Estimate: CHF 52,000 – 65,000
  • Result: CHF 110,000
• Chanel Mademoiselle J12 La Pausa Only Watch
  • Estimate: CHF 40,000 – 50,000
  • Result: CHF 65,000
• Bell & Ross BR03 Cyber Rainbow
  • Estimate: CHF 45,000 – 55,000
  • Result: CHF 55,000
• Louis Vuitton Tambour Einstein Automata – Only Watch 2023
  • Estimate: CHF 340,000 – 440,000
  • Result: CHF 700,000
• Sylvain Pinaud Origine
  • Estimate: CHF 70,000 – 100,000
  • Result: CHF 220,000
• Moritz Grossmann Tremblage Only Watch
  • Estimate: CHF 30,000 – 45,000
  • Result: 88,000 CHF

Detailed article about the watch, here

• Artya Purity Moissanite
  • Estimate: CHF 40,000 – 50,000
  • Result: CHF 55,000
• Baltic Experiments – Premier Quantième Perpétuel
  • Estimate: CHF: 20,000 – 30,000
  • Result: CHF 55,000
• Blancpain Fifty Fathoms 70th Anniversary Act 1 Unique Piece
  • Estimate: CHF 20,000 – 30,000
  • Result: CHF 45,000
• Tag Heuer Monaco Split-seconds Chronograph for Only Watch
  • Estimate: CHF 150,000 – 300,000
  • Result: CHF 110,000
• Barbier-Mueler Mosaïque II
  • Estimate: CHF 150,000 – 250,000
  • Result: CHF 240,000
• Bulgari Octo Finissimo Tourbillon Marble
  • Estimate: CHF 150,000 – 180,000
  • Result: CHF 190,000

Detailed article about the watch, here

• Breguet Marine Hora Mundi 5555
  • Estimate: CHF 70,000 – 80,000
  • Result: CHF 75,000
• Czapek Genève Place Vendôme Complicité Courage Every Second
  • Estimate: 80,000 – 100,000
  • Result: CHF 85,000
• Frederique Constant x Christiaan Van Der Klaauw
  • Estimate: CHF 90,000 – 110,000
  • Result: CHF 85,000
• Furlan Marri x Dominique Renaud x Julien Tixier
  • Estimate: CHF 20,000 – 30,000
  • Result: CHF 130,000

Detailed article about the watch, here

• Gerald Genta Only Watch 2023
  • Estimate: CHF 350,000 – 500,000
  • Result: CHF 170,000

Detailed article about the watch, here

• Grönefeld Principia Mandala
  • Estimate: CHF 55,000 – 65,000
  • Result: CHF 140,000
• Ludovic Ballouard x Brittany Nicole Cox Upside Down Blue Feather
  • Estimate: CHF 60,000 – 80,000
  • Result: CHF 100,000
• Trilobe Réconciliation
  • Estimate: CHF 25,000 – 35,000
  • Result: CHF 17,000
• Urwerk Time-Space Blade
  • Estimate: CHF 45,000 – 80,000
  • Result: CHF 65,000
• Tiffany & Co. Bird on a Rock Mechanical Pendant Only Watch
  • Estimate: CHF 350,000 – 500,000
  • Result: CHF 120,000
• Speake Marin Ripples Blue Royale
  • Estimate: CHF 35,000 – 65,000
  • Result: CHF 45,000
• Angelus x Chateau Angelus Chronodate Gold
  • Estimate: CHF 50,000 – 60,000
  • Result: CHF 70,000

Detailed article about the watch, here

For more informations, please visit the OnlyWatch official website.