Quartz wristwatch goes for staggering $420,000 at auction – the second-most expensive sale in watchmaker’s history

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F.P. Journe and Phillips public sale home raised an astounding amount of cash because of one of many high-end watch producer’s merchandise.

The corporate partnered with the public sale home in a charity occasion that was held on the F.P. Journe Miami Boutique on March 2.

The businesses auctioned off a one-of-a-kind Élégante 48mm Titalyt wristwatch for $420,000 after 10 minutes of bidding.

It’s the second-most costly Quartz watch sale in historical past, and all the proceeds are going to the Breast Cancer Analysis Basis (BCRF).

‘The Phillips workforce is immensely honored to have collaborated with F.P. Journe in providing this one-of-a-kind timepiece for such a noble trigger,’ stated auctioneer Isabella Proia.

‘Standing witness to the colourful vitality within the room as collectors and philanthropists united for this mission was really inspiring.’ 

F.P. Journe and Phillips public sale home auctioned off a one-of-a-kind Élégante 48mm Titalyt wristwatch in Miami on March 2

The wristwatch was auctioned off for $420,000 after 10 minutes of bidding. It is the second-most expensive quartz watch sale in history

The wristwatch was auctioned off for $420,000 after 10 minutes of bidding. It’s the second-most costly quartz watch sale in historical past

100 percent of the proceeds from the watch is going to the Breast Cancer Research Foundation (BCRF)

100% of the proceeds from the watch goes to the Breast Most cancers Analysis Basis (BCRF)

F.P. Journe has created extravagant watches ever because it was based by François-Paul Journe in 1999.

The corporate solely produces 700 to 900 watches yearly. 

Their Élégante 48mm Titalyt on the Miami public sale encompasses a pink rubber strap and a ‘1’ in pink as an alternative of black, a nod to the breast most cancers charity its sale was related to.

In line with GQ, the standard Élégante 48mm Titalyt is a ‘dark-colored, hardness-enhancing’ watch that’s ‘particular for its dial.’ 

People should purchase the Élégante 48mm Titalyt on-line with different corporations, together with Chrono24.

Nonetheless, anybody who’s hoping to purchase a 48mm ought to be ready to spend greater than $60,000.

The Élégante Titalyt additionally is available in 44mm, which is lots cheaper than the 48mm.

F.P. Journe was founded by François-Paul Journe in 1999. The company produces 700 to 900 watches a year

F.P. Journe was based by François-Paul Journe in 1999. The corporate produces 700 to 900 watches a 12 months

Journe went to a technical college when he was 14 before graduating from a Paris watchmaking school in 1976

Journe went to a technical faculty when he was 14 earlier than graduating from a Paris watchmaking faculty in 1976

Flea wore a F.P. Journe Octa Lune wristwatch while he was on an episode of Hot Ones last fall

John Mayer was spotted wearing a titanium Élégante Titalyt during his 2023 tour

Flea wore a F.P. Journe Octa Lune wristwatch whereas he was on an episode of Sizzling Ones final fall. John Mayer was noticed carrying a titanium Élégante Titalyt throughout his 2023 tour

F.P. Journe’s watches are worn all through the leisure business.

John Mayer was noticed carrying a titanium Élégante Titalyt watch greater than as soon as whereas he was on tour in 2023. 

Crimson Sizzling Chili Peppers co-founder Flea additionally rocked a F.P. Journe Octa Lune wristwatch whereas he was on the internet sequence Sizzling Ones final fall.

The F.P. Journe Octa Lune watches are dearer than the Élégante 48mm Titalyt on Chrono24 and two of them are value greater than $100,000.

In addition to public sale homes, the Swiss-French producer has launched particular version watches from movie star partnerships.

Francis Ford Coppola referred to as Journe’s watches ‘artistic endeavors’ and that they’re ‘masterpieces of design and engineering.’

Coppola’s collaboration with the corporate resulted within the F.P. Journe x Francis Ford Coppola FFC Blue, which offered at an public sale for $4.9 million in 2021.    

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