We were so wrong: the Patek 5004T

We were so wrong: the Patek 5004T

A couple months ago we posted about the one-of-a-kind Patek 5004T and mentioned that it would be a great investment piece. We said that it would easily reach over $1 million at the Only Watch charity auction.Well, what did the hammer fall on? A little over $4 million.

The anonymous buyer was very keen to win this auction, and no doubt this piece will become a true collectible. All funds went to a charity dedicated to Duchenne Muscular Dystrophy research. Overall, the Only Watch 2013 event auctioned off 33 unique watches and raised 5,066,000 Euros, about AUD$7,250,000. The most successful Only Watch auction ever, most of which is due to the 5004T.

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Lot 25, very impressive!

 

By |October 13th, 2013|News|0 Comments

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