At the Phillips spring auction, held in Geneva on 13 May 2018, the only 1815 “Homage to Walter Lange” watch ever made in a steel case went under the hammer for an unbeatable price of CHF 852,500 (US$ 852,414; € 713,627; incl buyer’s premium).  The unique piece was dedicated to company founder Walter Lange, who passed away in 2017 Its special features include a jumping sweep-seconds mechanism, black enamel dial segment and stainless-steel case.

All proceeds from the sale of the watch will go to the Children Action Foundation The Swiss-based aid organisation helps promote the physical and emotional well-being of disadvantaged children and young people in eight countries around the globe. “The result went well beyond our expectations”, said Lange CEO Wilhelm Schmid “I’m particularly pleased that we can make a major contribution to Children Action’s important work, just as Walter Lange intended.

The fact that the watch auctioned for such . More