On Saturday, September 29 Hubot’s auctioned off twelve one-of-a-kind King Power WBC watches to benefit the charities of the World Boxing Council. Prior to the event, luxury auction house Bonhams announced that the unique timepieces, each bearing the signature of one of twelve living boxing legends were expected to fetch between $60,000-100,000 each.
The auction, which took place at the famed Bellagio hotel in Las Vegas, Nevada, was attended by WBC president Jose Sulaiman and Hublot CEO Ricardo Guadalupe. Following a star-studded red carpet, champagne reception and formal dinner for some 300 guests, Bonhams CEO Malcolm Barber got the live bidding started as auctioneer. The winning bidders were presented with their unique King Power WBC timepieces by some of the watch’s legendary signatories, including Lennox Lewis, Mike Tyson, Sugar Ray Leonard, Lennox Lewis, Jeff Fenech, Larry Holmes, Tommy Hearns, Roberto Duran, Azumah Nelson, Julio Cesar Chavez, Oscar De La Hoya and George Foreman.
The result? Hublot announced this morning via press release that the auction raised more than $1,000,000 (US) for the WBC’s charities. The WBC’s programs range from the retired boxer’s pension fund to the provision of emergency services in over 40 countries worldwide.
The one-of-a-kind “King Power World Boxing Council” watches auctioned off on Saturday were designed to represent the iconic championship belt awarded annually to the world’s best boxer. The watch’s technical specifications include a 48mm-diameter casing of 18K King Gold, with a black ceramic bezel, black rubber insert and chronograph pushers in black PVD. Inside the watches are powered via Hublot’s 252-component HUB4100 automatic chronograph movement, which affords these timepieces a 42-hour power reserve. The hour markers feature green luminescent gilt markers, while the chronograph hand features the classic Hublot logo. The strap is made of Porosus Hornback green alligator, with an additional black rubber strap provided as spare.
Below, the King Power WBC signed by Sugar Ray Leonard and photos from the gala auction evening.