By Ed Estlow
on 10.1.13
Photo by Patek

Only Watch is an annual charity watch auction promoted by the Monaco Association Against Muscular Dystrophy along with Antiquorum Auctioneers and the Monaco Yacht Show, with 100% of the proceeds funding research on muscular dystrophy. This year’s event was the fifth ever (it’s held every two years), and saw 33 one-off timepieces crafted by the horological elite and one lot of 14 magnum-sized bottles of vintage Lanson champagne go on the block in Monaco.

Thanks to noted makers like Corum, Breguet, Blancpain, Vacheron Constantin, Bell & Ross, Hublot, Patek Philippe, and Zenith, when the final gavel fell the event had raised a record total of $6.86 million for charity. As is typical with auctions, some pieces went for a low percentage of their pre-auction estimates, and others hugely outperformed predictions. The big surprise was that there were no real surprises. Patek Philippe’s entry, a beautiful titanium split seconds chronograph with perpetual calendar, fetched nearly $4 million and outperformed the pre-auction estimate by 400% (they always do that). Second place in the Overachiever category went to the champagne; again, few were surprised.