On the very first day of the auction, the Asset Search and Management Agency (ARMA) sold eight watches from the collection of Viktor Medvedchuk for almost UAH 3.6 million.
The head of ARMA Elena Duma reported this on her Telegram channel based on the results of the survey conducted yesterday, September 6, on Prozorro.Sale.
A total of 20 watches were on display, with 18 participants competing in eight of them.
The first to be sold was a Rolex watch, the starting price of which was UAH 416,583. According to the results of the auction, it was sold for UAH 550,000. The most expensive lot of these 8 watches was a Patek Philippe watch, sold for UAH 1,271,503.00, Duma noted.
Overall, the following was sold as a result of the trades:
- “Patek Philippe” watch – for 1 million 271 thousand 503 UAH (starting price 1 million 271 thousand 503 UAH);
- “Parmigiani Fleurier” watch with the image of “Oksana Marchenko” – for 485 thousand UAH (starting price 302 thousand 629 UAH);
- Dolce & Gabbana watches – for 233 thousand 777 UAH (starting price 219 thousand 136 UAH);
- “Moscow Kremlin” watch – for 105 thousand 678 UAH (starting price 17 thousand 474 UAH);
- Rolex watch – for 700 thousand 001 UAH (starting price 547 thousand 328 UAH):
- Rolex watches – for UAH 550,000 (starting price UAH 416,583);
- Cartier watch – for 200 thousand 001 UAH (starting price 162 thousand 500 UAH);
- “State Reserve of Ukraine” watch – for 41 thousand 500 UAH (starting price 2 thousand 597 UAH).
The total amount of sales was almost UAH 3.6 million, which will go to the state budget and will then be used to purchase military bonds. The remaining 12 watches will also be sold at auction, which will be announced additionally, the Duma noted.
Source: Racurs

I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.