A designer ladies’ watch valued at 39,950 euros will be auctioned next month to raise money for charity.
The diamond-encrusted 18-carat white gold ladies’ watch, which has been given by an anonymous donor, will be sold to the highest bidder at a wine tasting and charity auction night in Bury St Edmunds on September 23.
Chartered accountants Jacobs Allen have organised the fund-raiser as part of their efforts for the Accumulator Challenge which raises money for St Nicholas Hospice Care.
The team is one of 46 businesses attempting to turn £50 into as much cash for the charity as possible by the end of next month.
Keith Senior, Jacobs Allen director, said: “The watch is very unusual. It is a Jaeger-LeCoultre Reverso. I have seen many of these, but never one encrusted in diamonds in this way. We think it’s likely to be a customised design.”
The watch, which has a cabochon sapphire crown and a face and clasp encrusted in diamonds, will go under the hammer at Jacobs Allen’s wine tasting and charity auction evening, in Bury.
The event, being held at Barclays, on Cornhill, will include a tutored wine tasting by Nicholas Corke, of Thos Peatling, food by Paul Warner, of Whites Catering, and a charity auction of several desirable lots, including a week in St Lucia, a stay at the award-winning Wentworth Hotel in Aldeburgh, and the diamond watch.
Abby Mayes, hospice corporate fund-raiser, said: “I’m hopeful this stunning watch will raise a good sum for the hospice and give the Jacobs Allen fund-raising effort a boost.”
To donate auction prizes, buy tickets (for £20), place a commission bid or request details of lots in advance, email firstname.lastname@example.org