Unique Omega Pagoda Collection - Remarkable Result

Oct 16, 2008
On October 7, 2008, the Omega Company and Sotheby's Hong Kong organized a charity auction, having offered up for bid the Omega 'Beijing 2008, Unique No. 8 Collection'. The Collection was sold for 9,620,000 HK dollars, equal to 1,231,071 USD (this is including the buyer's premium).

The unique watch collection comprised 35 timepieces celebrating the Company's role as Official Timekeeper of the Beijing 2008 Olympic Games. The 'Beijing 2008, Unique No. 8 Collection' was presented at the auction as part of Sotheby's Important Watches Autumn Sale 2008. The event took place at the Hong Kong Convention and Exhibition Centre.

The Collection has included the eighth numbered Omega watch from each of the 32 limited edition timepieces unveiled in the Beijing Olympic Collection during the build-up to the Olympic Games, as well as three rare 'Olympic Split Seconds Chronograph 1932' pocket watches.

Each timepiece features the limited edition number of '8', being provided with an exclusive 8-year warranty.

The Beijing 2008, Unique No. 8 Collection has been housed in a custom-built black lacquered walnut presentation cabinet, inspired by the traditional Chinese architecture. The cabinet was nicknamed 'The Pagoda'.

As a way to support youth affected by the tragic earthquake in Sichuan this year, the proceeds from the auction sale will be donated to the Chinese Athletes Educational Foundation (CAEF), and its 'All-weather Playground' project in Sichuan.

The project is aimed to support local students who are currently recovering from the psychological trauma caused by the earthquake, being involved in sports and team activities. Sotheby's is also offering support through the donation of part of the auction proceeds to the foundation.

Having congratulated the new Collection's owner, Omega President Stephen Urquhart mentioned that the collection represents a unique Olympic collectable. The members of the Omega team are really pleased that the benefits of the exceptional timepieces are being extended to the young people in Sichuan.

Li Ning, the charity's founder, famous Olympic gymnast in China, the one who lit the torch at the opening ceremony of Beijing 2008 Olympic Games, expressed his gratitude for Omega's and Sotheby's support and encouragement. The funds will be used for further development of 'All-weather Playground' project, as a way to give joy to all young people affected by the disaster.

The successful charity auction has marked another milestone in Omega remarkable Olympic history.



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