At this year’s Only Watch, we will see Patek Philippe’s Ref. 5208T-010 in titanium up for auction and it promises to be a hot commodity.
Two years ago at the same charity auction, the Ref. 5016 changed hands for a staggering CHF7.3 million—RM32.3 million at today’s exchange rates. Although the princely sum might surprise a fair few, arguably few will be shocked that a Patek Philippe fetches the highest amount among all other single-issue watches at such an event. The brand has decades of grand complications and genius marketing strategies to back up its lofty reputation.
You never actually own a Patek Philippe, you merely look after it for the next generation. And what better way to start your own tradition by taking this unique Patek Philippe timepiece home.
By combining a minute repeater, a single pusher chronograph, and an instantaneous perpetual calendar, the Only Watch 2017 Patek Philippe Ref. 5208T-010 is as intricate a grand complication watch gets. A minute repeater and its sweet chime retain their places at the very top of the horological tree. Paired it with a perpetual calendar that doesn’t need any adjustment for years to come as the automatic calibre R CH 27 PS QI takes into account leap years, you get a watch that is composed of 719 parts in a 42mm titanium package, measuring 15.11mm thick.
The blue dial is also of the highest quality as it is made from a hand-guilloché carbon fibre, while a blue Cordura strap provides the perfect companion.
Another selling point worth mentioning is titanium. The standard retail Ref. 5208T is available in platinum but even that is produced in a highly limited number—as Patek Philippe does. Peppered with silver accents, the watch exudes a sporty outlook that certainly befits this one-off piece.
With conservative estimation that it may fetch CHF900,000, don’t be astonished to find out the figure ended up many times more on 11 November 2017.
The Only Watch biennial auction, a charity event supporting Duchenne Muscular Dystrophy research will be held on Saturday, 11 November 2017, 2.30pm Geneva time.