S$200,000 watch to premiere at F1 charity lunch

John Chan | Sep 04, 2008

Unlike the earlier watch we featured, this one is no Mickey Mouse. Luxury brand Chopard will be premiering its L.U.C Tourbillon Tech Twist watch during the President's Challenge F1 Charity Luncheon. This will be held on the grounds of the ceremonial home of the Singapore President on September 26. The first piece of this model will then be auctioned off and the proceeds will go to charity.

How much is it expected to fetch? Well, according to the company's spokesperson, it costs more than S$200,000. And given that there will many rich folks at this event bidding for it, you can imagine that this timekeeper will make up quite a sizeable proportion of the S$1 million the organizer will be trying to raise during the charity lunch (which will include auctions of other items, as well).

The ticker in question has parts made of 18-carat white gold and aluminum. As with many other luxury watches, you are paying for both design and the complexity of the construction. For power, you wind it. Yes, like the watches of old, there's no battery. If you don't get what the big deal about it is, don't worry, you're probably not alone. Just take a look at the picture and appreciate how pretty it is.

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