Patek Philippe offers one-of-a-kind watch at Monaco charity sale



2015-06-26 12:30:14

Patek Philippe offers one-of-a-kind watch at Monaco charity sale

Collectors will have the chance to bid on a range of top luxury wrist watches on September 22...

A unique watch designed by Swiss manufacturer Patek Philippe will star at the Only Watch charity auction in Monaco, this September.

Ref. 3939 is a bespoke timepiece that is hoped will raise huge sums to help sufferers of Duchenne muscular dystrophy, on September 22.

The watch features a stainless steel minute repeater, a black enamel dial and silver numerals and hands.

It also comprises gold and silver cogs, reports Watch Shop.

The Swiss company was founded in 1839 and createdits first wrist watch in 1868.

Patek Philippe timepieces remain hugely popular with collectors, thanks to their superb craftsmanship and good looks.

Patek Philippes can achieve eye watering sums at the topauctions, although it is possible to purchase high quality items without breaking the bank on the private markets.

An 18 carat Patek Philippe Supercomplication pocket watch sold for $11m at Sotheby's in 1999: a record for a pocket watch.

A Patek Philippe Platinum World Time 1939 wrist watch made $4m at an Antiquorum sale in 2002, while a 1943 one-off sold for $5.7m at Christie's last year, doubling its estimate and setting a world record for a yellow gold wrist watch in the process.

No estimate has yet been offered for the 3939.

 A one-off 1943 Patek Philippe made $5.7m at Christies in 2010

Other leading names offering watches at the auction include Vacherin Constantin, Tag Heuer and Harry Winston.

Luis Garcia, who has been working on Duchenne muscular dystrophy for more than 10 years at the CNRS Paris, comments: "I would like to take this opportunity to thank the high-end watchmaking industry for its extraordinary collaboration on this fantastic scientific and human project."

Check back here to see how the auction fares.

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