Comments:
Its amazing.
The vibe was great at Onlywatch auction. Great results for a great cause
Yes, I guess we might know more during the next few days (if ever..for instance I don't think the buyer of PN's PN has ever been revealed). My understanding is that a few big *art* collectors from Asia were also bidding today...
Which easily means collectors who already own single objects worth several $100M... So while this is a wonderful result, in the grand scheme of things it's not entirely shocking..;-)
Anyway, let's wait on Cbb to post a wristshot now so we can know for sure!
Anyway, let's wait on Cbb to post a wristshot now so we can know for sure!
+1. The (amazing!) video is now online, the winner was on the phone. CS was indeed also bidding in the room...people of course congratulated both him and Mr. Stern at the end. [nt]
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I'm the poor guy that stopped at $30M, unfortunately I only had a Visa with me and that was all my credit line...:-( [nt]
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It is unbelievable
Crazy ! Just broke the record ! So happy for Patek Philippe. Thierry have been very cleaver. Well done.
Would be very strange if so.
I mean, that'd be $31million right down the tubes, right? If Patek wanted to keep it, they could have just kept it!
It goes to a charity .. depends what you definition of right down the drain is 👍🏼 [nt]
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I mean, doesn't that strike you as a pointless exercise?
To build a watch, offer it for sale for charity, but then buy it yourself...?
Ah, but they're getting something out of too, you might say, since it also means that they get the publicity of having sold the most expensive watch in history. But, again, how pointless is that if they themselves are the buyers? Johan Rupert might as well sell himself a JLC for $100 million!
Ah, but they're getting something out of too, you might say, since it also means that they get the publicity of having sold the most expensive watch in history. But, again, how pointless is that if they themselves are the buyers? Johan Rupert might as well sell himself a JLC for $100 million!
It would seem unlikely given how it played out, with T.S. present in the room and the winner on the phone...Not impossible, but they would deserve an Oscar if they pulled it off this way! :-) [nt]
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The story behind charity the Only Watch Auction. A very commendable indeed.
https://www.christies.com/features/Luc-Pettavino-Founder-of-Only-Watch-10007-1.aspx
The price sold was equivalent to 21% of Patek annual sales last year. For charity? Really ? [nt]
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I have a feeling that this number is incorrect. PP have a higher turnover than you calculate [nt]
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You are off by at least a factor of 10...You're saying sales were less than $150M last year, which divided by the (more than) 60,000 watches sold, gives you an average of $2500 per watch...
Perhaps you meant to post in a different forum? ;-)