akitaishi
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I think expectations had....
a lot to do with the price the Patek ended up.
Everyone anticipated the Patek top the charts. So naturally those who really wanted it knew they had to fork out a substantial amount of donation. I am not sure of the auction mode. (Open bid, close bid, mix bids etc). But the expectations of a Patek watch certainly contribute to driving the bid amounts up.
Also, there has been prescedences set by other Patek pieces in other auctions.
Eg, the $800,000 chrono from 1950s,
Eric Clapton's Patek Ref 2499.
These factors definitely help to determine the "reference values" of the only watch 5004T. The sky's the limit and the glass ceiling was set at Monaco on 28 Sep'2013.
IMHO.
Only Watch 2013 5th Edition - total of 5,066,000 EUR.Raised
Monaco, September 28, 2013 Held every two years since 2005 during the Monaco Yacht Show, the world-renowned charitable fundraiser for research on Duchenne Muscular Dystrophy totaled 5,066,000 EUR, making it the most successful benefit event organized by A...
Great news...
For a great cause.... It would be nice ,for chit chat factor to know what the watches made individually..... My guess is that the Patek came first......:) Mo
That was exactly the question I had in mind. The Plastik has done an excellent score.
That I know. But the rest... Best, Nicolas
He he....obviously...
The rest,I don t know,but like other events like this,they seem good places to get a good deal.. Mo
Some went low... and some rocketed...
like the Patek which raised almost EUR3m. To be honest at this price, I feel it is just a charitable thing... a way to give money and also receive something nice back :) Great result supporting a fantastic cause... disappointed I did not win anything but ...
Wow wow...
we could discuss for hours on results.... some did good,at its best,nothing sensational,but predictable...others ,well,not so good.. Patek universe.....well,still cannot get my head around it,great charitable cause,I don t know...call me skeptical....I re...
by the way...
you could give money and receive something nice back also with other great watches in the catalogue.....lets say that with Patek your donation is...safer. Mo
I think expectations had....
a lot to do with the price the Patek ended up. Everyone anticipated the Patek top the charts. So naturally those who really wanted it knew they had to fork out a substantial amount of donation. I am not sure of the auction mode. (Open bid, close bid, mix ...
I am very happy for the noble cause. Thanks for having taken the time
To gather all the results, Andrew. Best, Nicolas.
Thanks so much for this, Andrew...
... I was just about to see if Google had the results. I am completely blown away that the Patek fetched almost 4 Million US dollars. Wowzee wow wow. Staggering! Unbelievable! I'm surprised the Claret Pinball Machine only garnered a hundred, thirty-five t...
A great result indeed
I am not sure where to get the individual details but I am sure they will surface in bits and pieces. There is nothing official yet that I know of. Best Bill
The result looked like this ...
Lot # 1: Backes and Strauss, Victoria Princess Red Heart – € 50.000,= – € 75.000,= -> € 55.000,= Lot # 2: Bell & Ross, Flight Instrument Collection Orange – € 24.000,= – € 32.000,= -> € 32.000,= Lot # 3: Blancpain, White Dove – € 40.000,= – € 6...
Thanks Oliver...and indeed..
the money raised is all that matters.... Gone past that,I personally believe that the job from the auctioneer house was a bit poor in the promotion department .....the results of these watches is not very good...not just for the public perception of the w...
No matter the results. ...
Everyone is a winner! 1. The charity fund for sure! 2. The owners of these piece unique watches! (Many of them really got great value with the auction prices they paid) 3. The brands who designed, created and donated them... they all got good publicity re...
Yes Robin,you are right..the cause is noble and we should all cherish..but..
on your point that the brands all had good publicity........well.....ask Claret if he is happy with the result....I bet he would ve rather not being there.... Lets say that some managed to save their face...others..well fell flat on it...no matter the cau...
Understand your point Mo
And agree with you when brands fall far below estimates. For me personally, I give all these brands credit for their generosity to support this auction and for several of these brands who didnt meet the low estimate, I learned alot more about their brand ...
The Brands generosity is out of the question...
I respect their involvement for such a great initiative..... Mine was just a watch related rant and consideration that is definitely second to the main purpose of Only Watch. Big applause again for such a charitable initiative. Best Robin. Mo
Btw on Mr Claret. ..
Of course I think he would wished the watch fetched more money for the charity. ... but I don't think he would have regretted participating as he had contributed to charity plus raised awareness of his brand thru this event (lots of publicity on social ne...
Mee too I wish I had the ..
wallet and wrist to carry one of Mr Claret watches....alas!!! Definitely the bidder is a lucky fella to own this piece unique for such a price....... Mo