The bi-annual Only Watch auction took place in Monaco this past week. One of the auction’s major highlights was the unique, and completely titanium Patek Phillipe 5004, and it did not disappoint. The watch exceeded expectations and sold for an impressive 2,950,000 Euros, or $3,985,067. This is an astonishing $2,000,000 more than the 3939A minute repeater that sold the last time around.
While not all results were as successful in the auction (some were below the pre-set “wish prices” as per the manufacturers), the $4,000,000 brought in for the Patek Phillipe 5004 made for a great overall sale. In total, the sale raised over 5 million euros for charity. You can see the entire list of Only Watch results right here.