Panerai CEO Mr. Angelo Bonati signed the agreement to donate 1.5 million Hong Kong Dollars to the foundation.
High Auction Price Up to 1.5 Million Hong Kong Dollars
In the recent Panerai watch autcion, Hong Kong Sotheby successfully sold out all of their watches and created the first "White Gloves" auction record, the trade rate was up to 100%. At this auction, ten watches that were donated by Panerai acquired a high auction price of 1.5 million Hong Kong Dollars, and Hong Kong Sotheby donated all the money to Studer Trust Foundation, to support the foundation's beneficence of helping the poor and children in China and Burma, so this could benefit more people.
Panerai Luminor GMT 8 Days Special Edition
Created The First Auction Record of "White Gloves" Wrist Watches
At this Sotheby's auction, two Panerai special edition watches - Panerai Luminor 1950 and Panerai Luminor Chronograph, they were specially designed for this charity auction, besides, other 30 pieces of Panerai wrist watches were also sold out in this auction, the auctioneer received a pair of white gloves that only be given when the trade rate reached to be 100%. This auction created the first "White Gloves" wrist watches record of Hong Kong Sotheby, very impressive.
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