THE 10th EDITION OF THE ONLY WATCH AUCTION RAISED CHF 28,320,000 for research
10 May 2024 - press release
- The 10th edition of Only Watch, under the patronage of HSH Prince Albert II of Monaco, was held on 10 May 2024 at Geneva's Palexpo congress centre, bringing together the international luxury watchmaking community, collectors and watch enthusiasts from all over the world in support of research into Duchenne muscular dystrophy.
- This 10th edition, with 47 exclusive creations of exceptional beauty donated by 52 brands, opened the Geneva Spring sales.
- The non-profit sale raised CHF 28.3 million. True to its motto, ‘create beauty to do good’, Only Watch aims to raise funds to accelerate research into Duchenne muscular dystrophy and has raised more than CHF 128 million since 2005.
“This 10th edition is highly symbolic for Only Watch, with an exceptional mobilisation of the watchmaking community in a very short amount of time. The enthusiasm surrounding the creations shows the desirability of these timepieces that mark the history of watchmaking. From day one, the association's aim has been to become a key player in research, to change the fate of children waiting for treatment to cure them of a disease that reduces their life expectancy to a third of our own. I would like to express my immense gratitude to our long-standing supporters and to all those who have joined our cause. It is thanks to you that we have managed to raise CHF 28,320,000. It is thanks to this extraordinary generosity that the Association Monégasque contre les Myopathies is able to continue its research for therapeutic solutions for the hundreds of thousands of patients and their families affected by Duchenne muscular dystrophy,” says Luc Pettavino, Chairman of the Association Monégasque contre les Myopathies (“AMM”) and Founder of Only Watch.
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Geneva, Monaco, 10 May 2024 - The 10th Only Watch auction, comprising 47 exceptional lots of unique creations donated by 52 of the world's leading watch brands and specially imagined by top designers, was held today under the hammer of Christie's at Geneva's Palexpo Congress Centre.
The event, which marked the launch of the Spring watch sales, was attended by more than 500 collectors, brands, journalists and influencers from around the world.
The session opened with a speech by Tess Pettavino, Managing Director of the AMM, followed by a speech by Luc Pettavino, Chairman of the non-profit organisation, who read a warm message from H.S.H. Prince Albert II of Monaco before handing over the podium to the Christie's auctioneer. For more than 2 and a half hours, the auction was full of twists and turns, surprises and suspense, before a particularly committed and enthusiastic audience eager to support Only Watch.
All the lots were acquired, in some cases after spectacular auctions. The total value of the Only Watch 2024 sale was CHF 28,320,000, equivalent to € 28,999,680 euros or US31,152,000 US dollars.
True to its motto, ‘create beauty to do good’, the sale of unique Only Watch timepieces aims to raise funds to accelerate research into Duchenne muscular dystrophy.
Since 2005, the Only Watch auctions have raised CHF 128 million. Thanks mainly to Only Watch, the Association Monégasque contre les Myopathies has supported dozens of researchers in projects that have advanced knowledge and therapeutic avenues, culminating in the launch of a promising ‘first in human’ clinical trial by researchers supported by the AMM. The tenth edition of Only Watch comes at a crucial time: the funds raised will enable researchers to take new steps in clinical development and provide new support for research projects into muscular dystrophy and neuromuscular diseases.
Acknowledgements
The Only Watch team would like to extend its warmest thanks to each and every one of the current and past partners who have enabled the AMM to have the impact it has in terms of funding fundamental and applied research into Duchenne muscular dystrophy and related genetic diseases.
We would like to thank Christie's, which contributed to the success of Only Watch with its expertise and resources, Ferrari Expeditions for taking charge of all the complex logistics surrounding this 10th edition of the Only Watch collection, and our numerous involved partners, and the international media and influencers for putting the fight against Duchenne muscular dystrophy at the centre of their concerns.
The brands taking part in the sale on 10 May with a unique timepiece were:
ANGELUS x CHÂTEAU ANGELUS - ARTYA - ATELIER DE CHRONOMÉTRIE - BALTIC - BARBIER-MUELLER - BELL & ROSS - BOVET 1822 - BREGUET - BULGARI - CHANEL - CZAPEK GENÈVE - F.P.JOURNE - FURLAN MARRI - GÉRALD GENTA - GRÖNEFELD - H. MOSER x MB&F - HERMÈS - HUBLOT - JAQUET DROZ - KONSTANTIN CHAYKIN - KRAYON - LAURENT FERRIER - LOUIS MOINET - LOUIS VUITTON - LUDOVIC BALLOUARD x BRITTANY NICOLE COX - MAURICE LACROIX - MONTBLANC - MORITZ GROSSMANN - PATEK PHILIPPE - PETERMANN BÉDAT x AUFFRET PARIS - PIAGET - RESERVOIR x TELOS WATCH - RESSENCE - REXHEP REXHEPI - RICHARD MILLE - SINGER REIMAGINED x GENUS - SPEAKE MARIN - SYLVAIN PINAUD - TAG HEUER - TIFFANY & CO. - TRILOBE - URWERK - VOUTILAINEN - ZENITH.
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For more information on the association's work, visit onlyproject.org. A presentation of the AMM, its history, finances and projects can also be downloaded from this link.
Contact:
media@onlywatch.com - Aliénor Miens - +33 6 64 32 81 75