Auction: Christie’s Auction to Benefit Medical Charity ELA
Christie’s has just announced Watches for ELA, a thematic auction of 11 watches, mostly one-of-a-kind, to benefit the European Leukodystrophy Association (ELA), which supports research into the disorder. The brands that have created watches for the sale include Bovet, Konstantin Chaykin, Girard-Perregaux, Swatch, and most crucially from a value perspective, Richard Mille. While Christie’s is best known for staging Only Watch, a biennial charity auction, the ELA auction is notable for being the brainchild of François-Henri Pinault, the chief executive of French luxury conglomerate Kering, which owns brands like Gucci and Balenciaga. Mr Pinault is on the board of ELA, while Christie’s is owned privately by the Pinault family. Each timepiece in the ELA auction is offered without reserve, with all proceeds going to ELA. The sale takes place on November 11, 2024 as part of Christie’s customary Rare Watches auction. The catalogue and online bidding will be available at end October. Richard Mille RM 65-01 Automatic Split-Seconds Chronograph Dark Yellow Quartz TPT The flagship offering in the sale, and the only watch with a six figure estimate, the RM 65-01 is one of the most complicated Richard Mille watches, the RM 65-01 is powered by a high-frequency, self-winding rattrapante chronograph movement made by Vaucher. This example is part of a 120-piece limited edition that’s the latest iteration of the RM 65-01. It sports yellow Quartz TPT carbon composite case and is th...
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